Mar 5, 2018

Sen. Thad Cochran to resign April 1

Photo by Chip Somodevilla/Getty Images

Sen. Thad Cochran, a Republican from Mississippi and the chairman of the Senate Appropriations Committee, has announced his intent to resign April 1, citing health reasons. Gov. Phil Bryant will appoint someone to temporarily fill Cochran's seat until Nov. 6, at which point Mississippi will host a special election.

Why it matters: This leaves many speculating that Chris McDaniel will drop his primary challenge against incumbent Sen. Roger Wicker and instead run in November's special election. Mississippi is viewed as an incredibly safe Republican seat — but then again, so was the Alabama seat now occupied by Doug Jones.

Go deeper

#MeToo gets Weinstein

A man carries out Weinstein's walker. Photo: Johannes Eisele/AFP/Getty Images

Hollywood titan Harvey Weinstein is now a convicted rapist, two years and four months after accusations against him helped ignite the #MeToo movement.

Why it matters: To date, #MeToo has resulted in hundreds of powerful men losing their jobs. Seven have been criminally convicted, with four others still facing charges.

JPMorgan Chase to pull support for some fossil fuels

Illustration: Sarah Grillo/Axios

JPMorgan Chase said Monday that it won’t directly finance new oil and gas development in the Arctic and will significantly curtail its financing of the extraction and burning of coal.

Why it matters: JPMorgan is the world’s largest funder of fossil-fuel companies, according to a report by the Rainforest Action Network (RAN). The announcement follows similar moves by other big banks and investment firms, including Goldman Sachs and BlackRock.