Robin Groulx / Axios

The FCC is scheduled to vote Thursday to relax some regulations on the dedicated high-capacity internet connections used by big companies. The so-called business data services market is big business for major telecom companies, although most Americans have never heard of it.

The details: Pai's plan would deregulate markets that are considered to be competitive by lifting price caps on the service. That's a shift from the approach taken by Pai's Democratic predecessor, Tom Wheeler, who never got a vote on his proposal to tackle the issue.

Why it matters: These high-capacity lines connect ATMs to banks and cell phone towers to underlying fiber networks, for example. And did we mention the market is worth $45 billion?

The fault lines: Smaller companies argue that the move will reduce competition and result in a price hike for companies that lease the service and, ultimately, consumers. The incumbent providers — companies like like AT&T and CenturyLink — say there's plenty of competition already since cable providers also provide high-capacity services, making Pai's plan a much-needed update.

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Updated 12 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 4 p.m. ET: 19,193,661 — Total deaths: 716,735 — Total recoveries — 11,611,029Map.
  2. U.S.: Total confirmed cases as of 4 p.m. ET: 4,918,927 — Total deaths: 160,737 — Total recoveries: 1,598,624 — Total tests: 59,652,675Map.
  3. Politics: White House recommends Trump issue executive orders on coronavirus aid.
  4. Education: Cuomo says all New York schools can reopen for in-person learning.
  5. Public health: Surgeon general urges flu shots to prevent "double whammy" with coronavirus — Massachusetts pauses reopening after uptick in coronavirus cases
  6. World: Africa records over 1 million coronavirus cases — Gates Foundation puts $150 million behind coronavirus vaccine production.

Trump: "We are going a different way" on coronavirus aid

President Trump. Photo: Jim Watsonn/AFP via Getty Images

President Trump tweeted on Friday that his administration is "going a different way" with coronavirus aid after negotiations with congressional Democrats stalled again, suggesting he will use an executive order to address stimulus spending.

What he's saying: "Pelosi and Schumer only interested in Bailout Money for poorly run Democrat cities and states. Nothing to do with China Virus! Want one trillion dollars. No interest. We are going a different way!" Trump tweeted.

Trump's swift, sweeping China offensive

Illustration: Aïda Amer/Axios

President Trump's rhetoric on China has tended to run hotter than his actions — until now.

Why it matters: Even at the height of Trump's trade war, his administration never hit China as hard, as fast, and on as many fronts as it is right now.