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Photo by Chip Somodevilla/Getty Images

U.S. Small Business Administrator Linda McMahon is unable to say why the Trump administration wants to end the International Entrepreneur Rule, which helps people starting businesses come to the U.S. When asked to respond by Axios while she was on stage at the Code Conference, McMahon replied:

"I cant speak to that. I'm not familiar with it."

Why it matters: The person charged with overseeing U.S. small businesses seems unaware of a program designed to create more U.S. small businesses.

The IEP provides temporary work permission for foreign nationals who have raised at least $250,000 from American investors to create new U.S. businesses, with extensions dependent on the startup demonstrating growth via metrics like new hiring, revenue and follow-on investment.

It was launched in the waning days of the Obama administration, but has been opposed by the Department of Homeland Security under Trump.

Go deeper

Dave Lawler, author of World
1 hour ago - World

How Biden might tackle the Iran deal

Photo illustration: Aïda Amer/Axios. Photo: Drew Angerer/Getty Images

Four more years of President Trump would almost certainly kill the Iran nuclear deal — but the election of Joe Biden wouldn’t necessarily save it.

The big picture: Rescuing the 2015 Joint Comprehensive Plan of Action (JCPOA) is near the top of Biden's foreign policy priority list. He says he'd re-enter the deal once Iran returns to compliance, and use it as the basis on which to negotiate a broader and longer-lasting deal with Iran.

Kamala Harris, the new left's insider

Photo illustration: Eniola Odetunde/Axios. Photo: Joe Buglewicz/Getty Images     

Progressive leaders see Sen. Kamala Harris, if she's elected vice president, as their conduit to a post-Biden Democratic Party where the power will be in younger, more diverse and more liberal hands.

  • Why it matters: The party's rising left sees Harris as the best hope for penetrating Joe Biden's older, largely white inner circle.

If Biden wins, Harris will become the first woman, first Black American and first Indian American to serve as a U.S. vice president — and would instantly be seen as the first in line for the presidency should Biden decide against seeking a second term.

Updated 9 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — U.S. tops 88,000 COVID-19 cases, setting new single-day record.
  2. Politics: States beg for Warp Speed billions.
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases.
  4. 🎧Podcast: The vaccine race turns toward nationalism.

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