Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

It's the most important under-covered story of the early weeks of the Administration. While President Trump pops off tweets and executive orders, the Republican House has been quietly overturning significant elements of Obama's late presidency.

The 1996 Congressional Review Act (CRA) allows the new Congress and President to overturn agency rules issued after early June 2016. The House GOP has been furiously — or rather, gleefully — employing it. And there's more to come.

Here are the regulations that the Republican House has gutted so far:

This week the House will vote on five more (bringing the total to 13):

  • H.J.Res. 42: "Disapproving the rule submitted by the Department of Labor relating to drug testing of unemployment compensation applicants"
  • H.J.Res. 66: "Disapproving the rule submitted by the Department of Labor relating to savings arrangements established by States for non-governmental employees"
  • H.J.Res. 67: "Disapproving the rule submitted by the Department of Labor relating to savings arrangements established by qualified State political subdivisions for non-governmental employees."
  • H.J.Res. 69: "Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the final rule of the Department of the Interior relating to 'Non-Subsistence Take of Wildlife, and Public Participation and Closure Procedures, on National Wildlife Refuges in Alaska'."
  • H.J.Res. 43: "Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the final rule submitted by Secretary of Health and Human Services relating to compliance with title X requirements by project recipients in selecting subrecipients."

The big one: The most controversial CRA this week will be the last on the list above — H.J. Res. 43 — which overturns an Obama rule that prevents states from barring funds to the abortion-provider Planned Parenthood.

What's next: Watch for the Trump administration to begin signing CRA legislation this week.

Go deeper

U.S. women's soccer team beats Netherlands, moves on to Olympic semifinals

Members of the U.S. women's soccer team celebrate after beating the Netherlands. Photo: Laurence Griffiths/Getty Images

The U.S. women's soccer team beat the Netherlands in a penalty kick shootout on Friday, propelling them to the semifinals of the Olympic Games.

Why it matters: The win brings the U.S. team one step closer to its quest for a historic back-to-back double — winning the Olympics after emerging victorious at the Women's World Cup. The U.S. will play Canada in the semifinals next week.

Dan Primack, author of Pro Rata
50 mins ago - World

SEC clamps down on Chinese IPOs

Illustration: Sarah Grillo/Axios

Chinese companies will be unable to go public in the U.S. unless they make new risk disclosures, according to a statement released Friday morning from SEC chair Gary Gensler.

Why it matters: Chinese companies, and tech startups in particular, are already under growing pressure from their own government. Now they're also getting squeezed by U.S. officials.

1 hour ago - Sports

U.S. swimmer Ryan Murphy causes stir with doping comments

Bronze medallist Britain's Luke Greenbank, gold medallist Russia's Evgeny Rylov and silver medallist USA's Ryan Murphy pose with their medals after the final of the men's 200m backstroke. Photo: Jonathan Nackstrand /AFP via Getty Images

U.S. swimmer Ryan Murphy raised questions about the presence of doping in swimming following a second-place finish in the men's 200-meter backstroke on Thursday.

Driving the news: Murphy, who won gold in the 200-meter backstroke race in Rio, said following his race: "At the end of the day, I do believe there’s doping in swimming. That is what it is."