Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sen. Chuck Schumer. Photo: Al Drago/Getty Images

Senate Majority Leader Chuck Schumer is privately saying he can pass President Biden's $1.9 trillion coronavirus package but wants to avoid any last-minute changes jeopardizing its trajectory, three sources familiar with the talks tell Axios.

Why it matters: While the president hoped to enlist Republican support for the measure, Schumer has worked to ensure he has a solid 50 votes to muscle it through if necessary. A parliamentary ruling Thursday improved his chances.

What we're hearing: Schumer met with a group of moderate Democratic senators Thursday morning. They pushed for some changes in the bill — including moving pots of money around, more funding for broadband and rural hospitals and extending unemployment benefits beyond August.

  • “They have some ideas and we are going to check them out,” Schumer told Axios afterward.
  • Asked if some of the lawmakers suggested lowering the bill's overall price tag, Schumer said: “I am not going into any details.”

The leader is wary of rocking the boat right now, the sources said, and expects the measure will remain relatively unchanged in its final version.

  • "Schumer [has] been privately meeting with members to get their input on the legislation to make sure it was included in the drafting," a person familiar with the meetings said.

The latest: The Senate parliamentarian announced Thursday night that Democrats could not include a $15 minimum wage provision within the measure under the reconciliation process.

  • The ruling was significant because Sens. Joe Manchin (D-W.Va.) and Kyrsten Sinema (D-Ariz.) said they were opposed to including the wage hike in the package, potentially costing the Democrats critical votes.

The bottom line: Democrats have largely been in lockstep that a nearly $2 trillion package is required to meet the urgency of the COVID-19 crisis.

  • Last month, a group of 10 moderate Republican senators offered an approximately $600 billion counterproposal, but it was summarily rejected by the White House.
  • The White House has been publicly optimistic it will add some Republican support but has privately been preparing to pass the package regardless.
  • That strategy requires the entire Democratic Senate caucus to support it, leaving no room for error.

Go deeper

Senate parliamentarian rules $15 minimum wage cannot be included in relief package

Photo: Al Drago/Getty Images

The Senate parliamentarian ruled Thursday that the provision to increase the minimum wage to $15/hour cannot be included in the broader $1.9 trillion COVID relief package.

Why it matters: It's now very likely that any increase in the minimum wage will need bipartisan support, as the provision cannot be passed with the simple Senate majority that Democrats are aiming to use for President Biden's rescue bill.

Costco will raise minimum wage to $16 per hour

Photo: Tim Boyle/Getty Images

Costco will raise its minimum wage to $16 per hour, CEO Craig Jelinek told lawmakers Thursday at a Senate Budget Committee hearing, per CNN.

The big picture: The move places Costco's base pay above competitors like Target and Amazon, CNN reports. Jelinek said more than half of the company's in-store workers are paid more than $25 per hour.

Feb 23, 2021 - Health

California to provide $600 stimulus payments to 5.7 million people

Gov. Gavin Newsom during a Feb. 12 news conference in San Francisco. Photo: Gabrielle Lurie/Pool/The San Francisco Chronicle via Getty Images

California Gov. Gavin Newsom (D) has pledged to sign into law Tuesday a measure to provide some 5.7 million people with at least $600 in one-off payments as part of a state COVID-19 relief package.

Driving the news: State lawmakers on Monday overwhelmingly voted for the bill, designed to help people on lower incomes through the pandemic.