Erik Schelzig / AP

On Friday, Republican Tennessee Attorney General Herbert Slatery withdrew his support from an effort to challenge the Deferred Action for Childhood Arrivals program in court if President Trump did not end it.

He wrote a letter to Tennessee Senators Lamar Alexander and Bob Corker asking for a permanent policy for DREAMers, adding, "There is a human element to this...[that] should not be ignored"

Why it matters: President Trump is expected to announce a final decision on DACA — which protects illegal immigrants who were brought here as children from deportation — on Tuesday. Trump has promised to be tough on immigration, but must also weigh the reality of deporting possibly hundreds of thousands of children and immigrants who have grown up in the U.S.

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Dan Primack, author of Pro Rata
9 mins ago - Economy & Business

Leon Black says he "made a terrible mistake" doing business with Jeffrey Epstein

Photo illustration: Sarah Grillo/Axios. Photo: Rick Friedman/Corbis/Getty Images

Apollo Global Management CEO Leon Black on Wednesday said during an earnings call that he made a "terrible mistake" by employing Jeffrey Epstein to work on personal financial and philanthropic services.

Why it matters: Apollo is one of the world's largest private equity firms, and already has lost at least one major client over Black's involvement with Epstein.

1 hour ago - World

Jeremy Corbyn suspended by U.K. Labour Party over anti-Semitism report

Photo: Christopher Furlong/Getty Images

The U.K. Labour Party has suspended its former leader, Jeremy Corbyn, after a watchdog report found that the party failed to properly take action against allegations of anti-Semitism during his time in charge.

Why it matters: It represents a strong break by Keir Starmer, Labour's current leader, from the Corbyn era and one of the party's most persistent scandals.

U.S. economy sees record growth in third quarter

The U.S. economy grew at a 33.1% annualized pace in the third quarter, the Commerce Department said on Thursday.

The state of play: The record growth follows easing of the coronavirus-driven lockdowns that pushed the economy to the worst-ever contraction — but GDP still remains well below its pre-pandemic level.