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Within the next week, House Democrats plan to vote on $25 billion in new funding for the U.S. Postal Service and hold an "urgent" Oversight and Reform Committee hearing at which Postmaster General Louis DeJoy is expected to testify.

Axios Re:Cap digs into the future of USPS and how it will impact this November's election with Oversight and Reform Committee chair Rep. Carolyn Maloney (D-N.Y.).

Go deeper

Nov 18, 2020 - Politics & Policy

Nancy Pelosi re-elected as House Democratic leader

Speaker of the House Nancy Pelosi arrives for her weekly press conference. Photo: Samuel Corum/Getty Images

Nancy Pelosi (D-Calif.) was re-elected Wednesday to serve as House Democrats' leader, preserving her role as the key Democratic player in Congress and solidifying her power alongside a future Biden administration.

Why it matters: Pelosi's re-election, which took place remotely via voice vote, sets her up to be re-elected as speaker in January and follows a disappointing election for House Democrats, who lost several seats, undercutting the party's major gains from the 2018 midterms.

Buffett eyes slow U.S. progress, but says "never bet against America"

Warren Buffett in New York City in 2017. Photo: Daniel Zuchnik/WireImage

Warren Buffett called progress in America "slow, uneven and often discouraging," but retained his long-term optimism in the country, in his closely watched annual shareholder letter released Saturday morning.

Why it matters: It breaks months of uncharacteristic silence from the 90-year-old billionaire Berkshire Hathaway CEO — as the fragile economy coped with the pandemic and the U.S. saw a contentious presidential election.

Restaurant software meets the pandemic moment

Illustration: Annelise Capossela/Axios

Food delivery companies have predictably done well during the pandemic. But restaurant software providers are also having a moment as eateries race to handle the avalanche of online orders resulting from severe in-person dining restrictions.

Driving the news: Olo filed last week for an IPO and Toast is rumored to be preparing to do the same very soon.