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Photo: Spencer Platt/Getty Images

Sen. Elizabeth Warren (D-Mass.) has raised $6 million in the first three months of her presidential campaign, reports Politico.

Details: About 135,000 people gave 213,000 contributions that average about $28 per donation, per Politico. Warren has already spent nearly 85% of her funds campaigning.

By the numbers: Warren is in the middle of the pack of the crowded 2020 Democratic field for reported first quarter fundraising. So far, Sen. Bernie Sanders leads the way with $18 million, followed by Sen. Kamala Harris ($12 million), Beto O'Rourke ($9 million) and Pete Buttgieg ($7 million).

  • And while Warren lagged behind other candidates, she still has $11.2 million on hand from her 2012 Senate campaign, reports Politico.

The big picture: Warren is keeping her pledge to stay away from big money fundraisers and accepting donations from PACs and super PACs, focusing instead on raising her campaign funds from grassroots donations.

Go deeper: 2020 presidential election: Track every candidate's Q1 fundraising totals

Go deeper

Justice Department drops insider trading inquiry against Sen. Richard Burr

Sen. Richard Burr (R-N.C.) walking through the Senate Subway in the U.S. Capitol in December 2020. Photo: Stefani Reynolds/Getty Images

The Department of Justice told Sen. Richard Burr (R-N.C.) on Tuesday that it will not move forward with insider trading charges against him.

Why it matters: The decision, first reported by the New York Times, effectively ends the DOJ's investigation into the senator's stock sell-off that occurred after multiple lawmakers were briefed about the coronavirus' potential economic toll. Burr subsequently stepped down as chair of the Senate Intelligence Committee.

Netflix tops 200 million global subscribers

Illustration: Rebecca Zisser/Axios

Netflix said that it added another 8.5 million global subscribers last quarter, bringing its total number of paid subscribers globally to more than 200 million.

The big picture: Positive fourth-quarter results show Netflix's resiliency, despite increased competition and pandemic-related production headwinds.

Janet Yellen plays down debt, tax hike concerns in confirmation hearing

Treasury Secretary nominee Janet Yellen at an event in December. Photo: Alex Wong via Getty Images

Janet Yellen, Biden's pick to lead the Treasury Department, pushed back against two key concerns from Republican senators at her confirmation hearing on Tuesday: the country's debt and the incoming administration's plans to eventually raise taxes.

Driving the news: Yellen — who's expected to win confirmation — said spending big now will prevent the U.S. from having to dig out of a deeper hole later. She also said the Biden administration's priority right now is coronavirus relief, not raising taxes.