Oct 5, 2018

White House praises Susan Collins for "yes" vote on Kavanaugh

Susan Collins. Photo: Drew Angerer/Getty Images

White House Press Secretary Sarah Sanders immediately responded to Sen. Susan Collins' "yes" vote on Supreme Court nominee Brett Kavanaugh, thanking her for her decision.

"Thank you @SenatorCollins for standing by your convictions and doing the right thing to confirm Judge Kavanaugh."
Sanders via Twitter

Go deeper: Collins, Manchin to vote "yes" on Kavanaugh

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Esper says he does not support use of military forces to quell protests

Photo: Mandel Ngan/AFP via Getty Images

Defense Secretary Mark Esper said at a press briefing Wednesday that he does not support invoking the Insurrection Act, an 1807 law that permits the president to use active-duty troops on U.S. soil, in order to quell protests against racial injustice.

Why it matters: President Trump threatened this week to deploy military forces if state and local governments aren't able to squash violent protests. Axios reported on Wednesday that Trump is backing off the idea for now, but that he hasn't ruled it out.

Venture capital reckons with its racial disparities

Illustration: Eniola Odetunde/Axios

Venture capital is not the primary cause of, nor primary solution to, America's racial inequities. But as a major driver of wealth and opportunity, it does exacerbate them.

How it works: Black men are woefully underrepresented within VC firms at just 2%, based on the most recent data. Black women don't even rank a percentage point.

Private companies cut 2.8 million jobs in May

Photo: Joe Raedle/Getty Images

Private companies shed 2.8 million U.S. jobs last month, according to a report from payroll processor ADP and Moody’s Analytics.

Why it matters: It's way less than the nearly 9 million private sector jobs economists estimated would be lost in May, suggesting layoffs during the coronavirus crisis could be slowing sooner than Wall Street expected.