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!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

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!

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!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

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!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

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!

Close-up of code on a computer screen for the Apache Struts framework used to hack Equifax. Smith Collection/Gado/Getty Images

A representative from Massachusetts' Attorney General office railed against two proposed national breach notification standards that would weaken her state's breach notification laws.

Why it matters: In the wake of the Equifax breach, legislators had a newfound energy to pass a national standard to determine when corporations need to contact customers after personal data is breached by hackers or accidentally compromised by employees. It never looked easy to pass the legislation, and Wednesday's Financial Services subcommittee underscored just that.

The details: 48 states, Washington D.C. and various U.S. protectorates have unique breach notification laws. Two states have none. Without a single national standard, corporations face a regulatory nightmare. At the same time, it is critical that consumers are notified that hackers pilfered their data.

The catch: Breach notification laws follow the customer — a Californian company must treat Virginian customers by Virginian laws and, potentially, 47 other states worth of customers by their appropriate laws.

Where national legislation goes awry: Massachusetts' notification regime is particularly strict. Assistant Attorney General Sara Cable worried that two standards under consideration — Rep. Patrick McHenry (R-N.C.) introduced PROTECT Act and a discussion draft from Blaine Luetkemeyer (R-Mo.) and Carolyn Maloney (D-N.Y.) — would preempt their existing law. New York and California officials, who were not at the hearing, have similar concerns.

  • "Now is not the time to dilute the tools regularly and successfully used by many states, including Massachusetts to combat this crisis," said Cable.
  • Other concerns holding up a national standard are what happens when a third party loses data in a breach. Is it better for, say, a cable company to notify a client that a subcontractor was breached or for the subcontractor to do so?
  • "This is the reason for the draft. It's to find better ways of doing things," Luetkemeyer said. She later added, "we are one breach away from this bill being dropped, because our constituents are going to demand it.

Go deeper

Senate Republicans shrug off debt default deadline

Treasury Secretary Janet Yellen testifies before House members Wednesday. Photo: Al Drago/Bloomberg via Getty Images

Senate Republicans are feeling far more relaxed about the impending Dec. 15 federal debt-default deadline this time around, with many suggesting the real drop-dead date isn't until January.

Why it matters: Their attitude toward the deadline set by Treasury Secretary Janet Yellen is distinctively different from the hair-on-fire rhetoric before the initial Oct. 18 date. But a Congress discounting the advice of a Treasury secretary is risky financial practice — and has the potential to affect markets itself.

12 mins ago - Politics & Policy

GOP fights itself on shutting down government over vaccine mandates

Reporters question Senate Minority Whip John Thune before the Republican Party's weekly lunch on Tuesday. Photo: Kent Nishimura/Los Angeles Times via Getty Images

GOP leaders on Capitol Hill are scrambling to reach a deal with a bloc of 15 Senate Republicans threatening a government shutdown to force a fight over the Biden administration's vaccine mandates.

Why it matters: The push to defund the mandates — by holding the short-term government funding bill hostageis largely symbolic, and highly controversial within the Republican Party. A shutdown as early as midnight Friday could trigger everything from national park closures to delays in receiving Social Security checks.

Progressives call for swift Boebert punishment

Reps. Alexandria Ocasio-Cortez and Cori Bush (far right) walk through the Capitol last month. Photo: Kent Nishimura/Los Angeles Times via Getty Images

House progressives are seeking concrete punishment for Rep. Lauren Boebert (R-Colo.) as retribution for her incendiary remarks against one of their own, Rep. Ilhan Omar (D-Minn.).

Why it matters: House Democratic leaders continue to consider their options amid the latest ugly incident in their chamber. Republicans are already threatening retaliation after Democrats stripped Rep. Marjorie Taylor Greene (R-Ga.) of her committee assignments and censured Rep. Paul Gosar (R-Ariz.).