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Associated Press

The three leaders of Detroit's big automakers met with President Trump in the Roosevelt room Tuesday to discuss the best way to protect American factory jobs. At the top of the meeting Trump he'd be "very friendly" with auto firms when it comes to environmental regulations, and that he will direct regulators to approve new projects quickly.

But he also took a firm stance on new investment, promising a "big push" on new factories in the United States. What investments automakers have announced since election day have been expansions of existing facilities.

We're bringing manufacturing back to the United States, big league. — Trump at meeting with auto CEOS

Nuts and bolts: Auto stocks climbed higher following the meeting, on expectations that a Trump EPA will ease fuel-efficiency standards.

What's next: Today's meeting was a good photo op, but actions speak louder than words. Auto execs are wary of investing in too much capacity or labor, as this mistake is what threatened their very existence nearly a decade ago. The Trump White House will be expecting just that, however, and lower regulations might not be an adequate offer to get what he wants.

Go deeper

8 Senate Democrats vote against adding $15 minimum wage to COVID relief

Photo: Stefani Reynolds/Bloomberg via Getty Images

Eight Democratic senators on Friday voted against Sen. Bernie Sanders' amendment to ignore a ruling by the Senate parliamentarian and add a $15 minimum wage provision to the $1.9 trillion COVID relief package.

The state of play: The vote was held open for hours on Friday afternoon — even after every senator had voted — due to a standoff in negotiations over the next amendments that the Senate will take up.

CDC: Easing mask mandates led to higher COVID cases and deaths

Customer at a supermarket chain in Austin, Texas. Montinique Monroe/Getty Images

Easing mask restrictions and on-site dining have increased COVID-19 cases and deaths, according to a study out Friday from the Centers for Disease Control and Prevention.

Why it matters: The report's findings converge with actions from governors this week easing mask mandates and announcing plans to reopen nonessential businesses like restaurants.