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Laurent Gillieron / Keystone via AP

Facebook's chief operating officer Sheryl Sandberg acted as an emissary to Donald Trump in December when Silicon Valley leaders met with the then President-elect. Now, she's holding his feet to the fire.

Here's what she had to say on Facebook about Trump's decision to reinstitute a policy that bans US aid from going to health programs that discuss abortion as a family planning option with patients (taxpayer money already can't fund abortions anywhere):

"We don't have to guess -- we know what this will do. The last time the global gag rule was in effect, research showed more women who lost access to contraception had unwanted pregnancies and abortion rates doubled."

Key context: Sandberg's Democratic personal politics are well known. She worked for the Clinton-era Treasury Department, was a supporter of Hillary Clinton's presidential run and has been talked about as someone who could run for office. She also has spoken for years about women's empowerment, including in her book Lean In.

What we're watching: Silicon Valley executives are toeing a line with Trump. No company in America wants to be on the receiving end of one of the President's value-destroy tweets. But tech is also largely opposed to many of Trump's policy positions. Will major executives speak out loudly when they disagree with the White House?

Go deeper

Dion Rabouin, author of Markets
5 mins ago - Economy & Business

The digital dollar is now high priority for the Fed

Illustration: Aïda Amer/Axios

The U.S. is starting to get serious about a central-bank-backed digital currency, with recent comments from top officials laying out the strongest support yet.

Driving the news: On Tuesday Fed chair Jerome Powell told Congress that developing a digital dollar is a "high priority project for us," but added that there are "significant technical and policy questions."

Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

Coinbase files to go public

Illustration: Eniola Odetunde/Axios

Cryptocurrency exchange Coinbase on Thursday filed to go public via a $1 billion direct listing.

Why it matters: This comes in the midst of a crypto boom, and the listing may further legitimize the industry.

Trump’s blunt weapon: State GOP leaders

Trump supporters rally near Mar-a-Lago on Feb. 15. Photo: Joe Raedle/Getty Images

President Trump didn't have to punish his critics in Congress — his allies back in the states instantly and eagerly did the dirty work.

Why it matters: Virtually every Republican who supported impeachment was censured back home, or threatened with a primary challenge.