Apr 4, 2019 - Politics & Policy

Ohio Rep. Tim Ryan announces 2020 bid

Rep. Tim Ryan on "Meet the Press" in 2016. Photo: William B. Plowman/NBC/NBC NewsWire via Getty Images

Rep. Tim Ryan (D-Ohio), who unsuccessfully tried to knock House Minority Leader Nancy Pelosi from her leadership post in 2016, announced his bid for a 2020 presidency online during an appearance on ABC's "The View. "

The backdrop: As a moderate, midwestern Democrat, Ryan has flipped on several high-pressure partisan issues. He switched from pro-life to pro-choice in 2015, and in 2017, decided to drop NRA funding in response to the organization's refusal to support universal background checks after the 2012 Sandy Hook Elementary shooting.

Go deeper ... 2020 presidential election: Track which candidates are running

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Dion Rabouin

12 mins ago - Economy & Business

The Fed transforms itself to direct the economy

Illustration: Eniola Odetunde/Axios

The Federal Reserve is undergoing an overhaul. Conceived to keep inflation in check and oversee the country's money supply, the central bank is now essentially directing the economy and moving away from worries about rising prices.

What we're hearing: The move to act less quickly and forcefully to tamp down on inflation has been in the works for years, but some economists fear that the Fed is moving too far from its original mandate.

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Kendall Baker

25 mins ago - Sports

The college football season is on the brink

Illustration: Eniola Odetunde/Axios

Power 5 commissioners held an emergency meeting on Sunday to discuss the growing concern that fall sports can't be played because of COVID-19.

Driving the news: The Mid-American Conference on Saturday became the first FBS league to postpone fall sports and move them to the spring, and there are rumblings that Power 5 conferences are ready to follow suit.

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Fadel Allassan

1 hour ago - Economy & Business

Uber CEO proposes "benefits funds" for gig workers

Uber CEO Dara Khosrowshahi. Photo: Scott Heins/Getty Images)

Uber CEO Dara Khosrowshahi called for establishing "benefits funds" for gig workers in a New York Times op-ed out Monday.

Why it matters: Gig workers, who remain independent contractors and not employees, have long pushed companies like Uber for benefits comparable to those received by traditional workers. The coronavirus pandemic and its resultant economic strain has broadened those calls.