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Trump admits to explosive off-the-record comments on Canada

Dave Lawler, author of World

Photo: Leon Neal/Getty Images

President Trump told reporters he was not offering Canada any concessions in NAFTA negotiations but couldn't say so publicly because it would kill the deal, he confirmed in a tweet which featured an accusation that Bloomberg had "BLATANTLY VIOLATED" an agreement that the remark was off-the-record.

The backstory: The Toronto Star's Daniel Dale first reported on the comment, and the fact that Canadian negotiators had confronted their U.S. counterparts over it. It's unclear how he found out about it. Bloomberg said in a statement: "When we agree that something is off the record, we respect that."

Go deeper

Alayna Treene, author of Sneak Peek
54 mins ago - Politics & Policy

Bipartisan group of senators seeks coronavirus stimulus deal

Sens. Joe Manchin (D-W.V.) and Susan Collins (R-Maine). Photo: Drew Angerer/Getty Images

At least eight Republican and Democratic senators have formed an informal working group aimed at securing new coronavirus spending during the lame-duck session, a move favored by President-elect Biden, two sources familiar with the group tell Axios.

Why it matters: It may be the most significant bipartisan step toward COVID relief in months.

Go deeper (1 min. read)Arrow
Margaret Harding McGill
2 hours ago - Technology

FCC chairman to depart in January

FCC Chairman Ajit Pai. Photo: Alex Wong/Getty Images

Ajit Pai will leave his post as chairman of the Federal Communications Commission on Jan. 20, the agency said today.

Why it matters: Pai's Inauguration Day departure is in keeping with agency tradition, and could set up the Biden administration with a 2-1 Democratic majority at the FCC if the Senate fails to confirm another Trump nominee during the lame-duck period.

Go deeper (1 min. read)Arrow
Ben Geman, author of Generate
2 hours ago - Economy & Business

GM's shrinking deal with Nikola

Illustration: Rebecca Zisser/Axios

General Motors will no longer take an equity stake in Nikola Corp. or build its pickup truck, under a revised deal that still envisions GM as a key tech supplier for Nikola's planned line of electric and fuel cell heavy trucks.

Driving the news: The revised agreement Monday is smaller in scope than a draft partnership rolled out in September that had included a $2 billion stake in the startup and an agreement to build its Badger pickup.

Go deeper (1 min. read)Arrow