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House Speaker Nancy Pelosi. Photo: Bill Clark/CQ Roll Call

The House on Wednesday passed the Bipartisan Background Checks Act, which would require background checks for all firearm sales, including those sold at gun shows and online.

Why it matters: This is the first gun control bill that Congress has considered in nearly 25 years. Gun control has been near the top of the Democratic agenda since the party took back control of the House in November's midterms, galvanized by recent mass shootings and student-led activism.

Details: The bill, HR 8, also prohibits firearms transfers by a person who is not a licensed dealer. However, it does exclude "gifts to family members and transfers for hunting, target shooting, and self-defense," according to the House Judiciary Committee website.

  • House Republicans were also able to add an amendment to the bill — with support from some Democrats — that would force the NICS background check database to notify ICE if an undocumented immigrant attempts to buy a firearm.
  • Critics of the bill, including shooting survivor Rep. Steve Scalise (R-La.), note that universal background checks would target law-abiding owners and could not have prevented several recent shootings in which shooters had passed a federal background check.

What to watch: Majority Whip John Thune (R-S.D.) told CNN on Tuesday that it's "unlikely" the Republican majority will take up the bill for debate soon. A second bill, the Enhanced Background Checks Act, is up for a vote in the House on Thursday. It would extend time for the FBI to conduct background checks.

Go deeper: The flurry of new state gun laws after Parkland

Go deeper

Surprising pandemic side effect: Soaring trade deficits

Source: Census Bureau and Bureau of Economic Analysis; Chart: Axios Visuals

Inflation and jobs may get all the economic headlines, but meanwhile a big shift is taking place in the underpinnings of the world economy: The U.S. trade deficit is soaring.

What's happening: Americans' spending on imported physical goods has gone through the roof, while exports are growing slowly, making the U.S. the world's consumer of last resort.

Mike Allen, author of AM
1 hour ago - Politics & Policy

Third Way: "Big Lie" could become "Big Coup"

Graphic: Third Way

Third Way, the center-left think tank, is urging fellow Democrats to respond to the Capitol riot with "the size, scope, and seriousness of a presidential campaign," co-founder Matt Bennett tells me.

Driving the news: "For the first time in U.S. history, a party must mount two parallel presidential campaigns: one to win the election, and the other to prevent its theft," Bennett said, calling this "a Paul Revere moment."

Advocates say Biden has let Haitian migrants down

Photo illustration: Aïda Amer/Axios. Photos: Chip Somodevilla/Getty Images, Christian Torres/Anadolu Agency via Getty Images

Continued turmoil in Haiti is causing a growing number of Haitians to try to make it to American shores — and some advocates say the Biden administration isn't supporting this community in its time of crisis.

The big picture: Haitian-American activists in South Florida told Axios Today they feel like President Biden has gone back on campaign promises he made to the community to stand up for them.