Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

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

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

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Lead House impeachment manager Rep. Adam Schiff (D-Calif.) ended Democrats' second day of opening arguments in President Trump's impeachment trial on Thursday with an impassioned speech arguing for Trump's conviction.

What he said: In a clip that's sure to be played on cable news all morning, Schiff closed by saying, "If you find him guilty, you must find that he should be removed. Because right matters, because right matters. And the truth matters. Otherwise, we are lost."

The big picture: Democratic House managers have roughly eight hours remaining later today to finalize their case against the president — with today's portion expected to focus on the obstruction of Congress impeachment article.

Highlights:

  • "He could release the aid or break the law. He chose to break the law," House impeachment manager Rep. Zoe Lofgren (D-Calif.) said, referencing a Government Accountability Office report that found the administration violated the law when it withheld military aid to Ukraine.
  • House impeachment manager Rep. Val Demings (D-Fla.) pointed to phone calls made between Lev Parnas and Trump's personal lawyer, Rudy Giuliani, as evidence of Giuliani keeping the president "informed about what was going on" regarding an alleged pressure campaign on Ukraine.
  • Schiff invoked Parnas' recently released notes, arguing they insinuated that the announcement of a Biden investigation was Trump's precondition for Ukrainian officials, not necessarily an actual investigation.
  • House impeachment manager Rep. Sylvia Garcia (D-Texas) spent her part of the presentation debunking the Trump administration's position that the Biden family was engaged in corruption in Ukraine. She argued that "Trump didn't care about any of this until 2019" — when Biden looked like a 2020 frontrunner.

The other side: Sen. Josh Hawley (R-Mo.) latched onto Garcia's presentation about the Bidens, stating on Twitter that it would require both Joe and Hunter Biden to be called as witnesses. He told reporters that he was "surprised" that Democrats made it so central to their early presentation.

  • Sen. Mike Braun (R-Ind.) characterized impeaching Trump as a political act as extreme as a "death sentence" when speaking with reporters Thursday, saying that he doesn't think the case for impeachment has been made so far.

Spotted on the floor, via Axios' Alayna Treene:

  • Sen. Richard Burr (R-N.C.) distributed several fidget spinners to GOP colleagues on the Senate floor before Thursday's proceedings began, per NBC News.
  • Senators slouched back in their chairs, some on the verge of nodding off, others yawning.
  • Democratic Reps. Nanette Barragán and Mary Gay Scanlon watched, while former Democratic Rep. Steve Israel sat in the visitor’s gallery. At one point, Sen. Thom Tillis moved to the visitor’s gallery to get a bird’s eye view.
  • Senate public galleries held nearly 200 people listening on Thursday, per the New York Times.

Watch:

What you need to know:

Go deeper:

Go deeper

Felix Salmon, author of Capital
2 hours ago - Technology

Facebook's scandals have been great for shareholders

Expand chart
Data: YCharts; Chart: Axios

Facebook has been embroiled in scandal for the past five years, and while the specific allegations change over time, a central theme is constant. Given the choice between commercial and moral imperatives, Facebook always seems to choose the option that is best for the share price.

Why it matters: Facebook's stock chart supports that narrative. Since the 2016 scandals alleging that the social network was infiltrated by foreign actors trying to influence the outcome of democratic elections, Facebook's revenues — and its stock — have been soaring.

Biden to tap telecom trio for NTIA, FCC posts

Jessica Rosenworcel. Photo: Bill Clark/CQ Roll Call

President Joe Biden on Tuesday is expected to name Alan Davidson as head of the telecom arm of the Commerce Department, Jessica Rosenworcel as chairwoman of the Federal Communications Commission and Gigi Sohn as a commissioner at the FCC, according to a person familiar with the process.

Why it matters: Internet availability and affordability has been a key policy priority for the White House, but the administration lagged in tapping people for the agency posts that oversee the issues.

3 hours ago - Technology

Facebook seeks fountain of youth

Data: Piper Sandler Taking Stock With Teens Study; Chart: Axios Visuals

Facebook CEO Mark Zuckerberg on Monday said that the company is pivoting its strategy to focus on young adults, following reports that teens have fled its apps.

Why it matters: A series of stories based on leaked whistleblower documents suggest the company sees the aging of its user base as an existential threat to its business.