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AP file photo

Here's one way the Trump administration is changing the way the Affordable Care Act will be enforced: It's letting small businesses enroll directly in health plans, rather than going through the HealthCare.gov website. The Centers for Medicare and Medicaid Services announced today it will propose a rule allowing small businesses to enroll through insurance companies or through agents and brokers.

The back story: This is all about the Small Business Health Options Program (SHOP) marketplaces, a lesser-known part of the ACA that applies to small businesses rather than individuals. It has been a bit of a dud — it currently covers about 230,000 people, according to CMS, compared to the 4 million people the Congressional Budget Office had predicted. They'd still have to go to HealthCare.gov to get a determination that they're eligible.

Of note: Despite criticizing the ACA for failing to provide affordable coverage to small businesses, CMS didn't propose shutting down the program completely.

Go deeper

Federal Reserve expands lending program for small businesses

Federal Reserve Chairman Jerome Powell at a news conference in 2019. Photo: Eric Baradat/AFP via Getty Images

The Federal Reserve said on Friday it would again lower the minimum loan size for its pandemic-era small business program.

Details: Businesses and nonprofits will be able to borrow a minimum of $100,000 from the facility, down from $250,000 — a move that might attract smaller businesses that don't need as hefty of a loan. Since the program launched earlier this year, the minimum loan size has been reduced twice.

2 hours ago - Economy & Business

How Trump and Biden would steer the future of transportation

Illustration: Eniola Odetunde/Axios

President Donald Trump and Democratic challenger Joe Biden would likely steer automotive policy in different directions over the next four years, potentially changing the industry's road map to the future.

Why it matters: The auto industry is on the cusp of historic technological changes and the next president — as well as the next Congress — could have an extraordinary influence on how the future of transportation plays out.