Verizon is considering a merger with Charter Communications, per the WSJ. CNBC poured some cold water on the report earlier this morning, but didn't dismiss it entirely. Shares of both companies fell yesterday on the news, although Charter's market cap remains just shy of $90 billion.

Why it's a BFD: This combination would bring together America's largest wireless company with its second-largest broadband provider (and Verizon isn't too shabby on broadband either). If Trump thinks AT&T and Time Warner is too big, wait until he gets a look at this.

Bottom line: New FCC Chairman Ajit Pai generally favors a hands-off approach to merger reviews if the companies can show how deals serve the public interest. Trump Attorney General pick Jeff Sessions indicated the DOJ should weigh big mergers on antitrust grounds rather than "some other discreet agenda that's not reasonably connected to the merger itself."

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Senate advances Amy Coney Barrett nomination, setting up final confirmation vote

Photo: Xinhua/Ting Shen via Getty Images

The Senate voted 51-48 on Sunday to advance the Supreme Court nomination of Judge Amy Coney Barrett, setting up a final confirmation vote for Monday.

Why it matters: It's now virtually inevitable that the Senate will vote to confirm President Trump's third Supreme Court nominee before the election, which is just nine days away.

Felix Salmon, author of Capital
2 hours ago - Economy & Business

Wall Street is living up to its bad reputation

Illustration: Sarah Grillo/Axios

Recent headlines will have you convinced that Wall Street is hell-bent on living up to all of its stereotypes.

Driving the news: Goldman Sachs is the biggest and the boldest, paying more than $5 billion in fines in the wake of the 1MDB scandal, in which billions were stolen from the people of Malaysia.

2 hours ago - Health

Ex-FDA chief: Pence campaigning after COVID exposure puts others at risk

Former FDA commissioner Scott Gottlieb said "the short answer is yes" when asked whether Vice President Mike Pence is putting others at risk by continuing to campaign after several aides tested positive for COVID-19, stressing that the White House needs to be "very explicit about the risks that they're taking."

Why it matters: The New York Times reports that at least five members of Pence's inner circle, including his chief of staff Marc Short and outside adviser Marty Obst, have tested positive for the virus. Pence tested negative on Sunday morning, according to the VP's office, and he'll continue to travel for the final stretch of the 2020 campaign.