Evan Vucci / AP

Eight years after leaving the White House and writing an open letter welcoming Sasha and Malia Obama, former first children Barbara and Jenna Hager Bush have written a farewell message to their younger counterparts, published in Time.

Here are the key quotes:

Perspective: "Now you are about to join another rarified club, one of former First Children—a position you didn't seek and one with no guidelines. But you have so much to look forward to. You will be writing the story of your lives, beyond the shadow of your famous parents, yet you will always carry with you the experiences of the past eight years."

Humor: "Enjoy college. As most of the world knows, we did."

Guidance: "You have lived through the unbelievable pressure of the White House. You have listened to harsh criticism of your parents by people who had never even met them. You stood by as your precious parents were reduced to headlines. Your parents, who put you first and who not only showed you but gave you the world. As always, they will be rooting for you as you begin your next chapter. And so will we."

Go deeper

Commission releases topics for first presidential debate

Moderator Chris Wallace. Photo: Drew Angerer/Getty Images

Fox News anchor Chris Wallace has selected what topics he'll cover while moderating the first presidential debate between President Trump and former Vice President Joe Biden next week.

What to watch: Topics for the Sept. 29 debate will include Trump and Biden's records, the Supreme Court, COVID-19, economic policy, racism and the integrity of the election, the Commission for Presidential Debates announced on Tuesday. Each topic will receive 15 minutes of conversation and will be presented in no particular order.

Fed chair warns economy will feel the weight of expired stimulus

Treasury Secretary Steven Mnuchin and Fed Chair Jay Powell bump elbows before House hearing on Tuesday. Photo: Joshua Roberts/Pool/AFP via Getty Images

Federal Reserve Chairman Jerome Powell told the House Financial Services Committee on Tuesday that the expiration of Congress' coronavirus stimulus will weigh on the U.S. economy.

Why it matters: Powell warned that the effects of dried-up benefits are a looming risk to the economy, even if the consequences aren't yet visible.

1 hour ago - World

Beijing draws Chinese companies even closer

Illustration: Annelise Capossela/Axios

Chinese Communist Party Secretary Xi Jinping announced last week that the party must strengthen its leadership over private companies, and that entrepreneurs must meet the party's needs. 

Why it matters: Xi's new announcement will increase fears that Chinese businesses may serve as a Trojan horse for the CCP.

Get Axios AM in your inbox

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Subscription failed
Thank you for subscribing!