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McConnell: Standalone bill on $2,000 checks has "no realistic path to quickly pass Senate"

Senate Majority Leader Mitch McConnell (R-Ky.) said on Wednesday he does not see a "realistic path to quickly pass" a House-approved standalone measure for $2,000 stimulus checks, despite calls from President Trump for increased payments.

Why it matters: The move effectively kills any pathway to pass the bill before the end of the the 116th Congress.


What he's saying: McConnell said he has no intention of splitting apart a broader package that combines the checks with Trump's other demands on an election fraud commission and the repeal of legal protections for tech companies — two no-gos for Democrats.

  • "The Senate is not going to split apart the three issues that President Trump linked together just because Democrats are afraid to address two of them," the leader said from the Senate floor.
  • "The Senate is not going to be bullied to rushing out more borrowed money into the hands of Democrats' rich friends that don't need the help," he added.

Between the lines: Trump has been at war with McConnell for days over the president and Democrats' push to raise stimulus checks from $600 to $2,000.

  • Earlier this week, 44 House Republicans joined the majority of Democrats to pass the House's standalone measure.
  • Some Republicans have coalesced around Trump's bid for increased checks, including Georgia Sens. Kelly Loeffler and David Perdue, who have runoff elections next week.
  • Fellow GOP Sens. Josh Hawley (Mo.), Marco Rubio (Fla.) and Lindsey Graham (S.C.) have also publicly supported the raise.

Go deeper: Trump slams McConnell for blocking vote on $2,000 stimulus checks

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How we'll memorialize the COVID-19 pandemic

A pandemic that has killed 3.5 million people globally — and perhaps far more — is beginning to be publicly memorialized.

Why it matters: COVID-19 is a global pandemic, but the experience of it has been fractured by where people live, their race, their age, where they work and what their politics are — creating a challenge for those tasked with memorializing it.

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Survey: Sports fans prefer highlights over live games

Reproduced from Maru Group for Variety Intelligence Platform; Chart: Axios Visuals

A new era of sports fandom is upon us, one in which fans increasingly come for snacks (highlights) instead of meals (live games).

By the numbers: Among U.S. sports fans ages 18–34, 58% of MLB fans, 54% of NBA fans and 48% of NFL fans say they prefer watching highlights to full games, according to a survey by Variety.

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Warren broadsides private equity following stock market volatility

Private equity has once again found itself in the crosshairs of Sen. Elizabeth Warren (D-Mass.), this time for "treating the stock market like a casino."

What she said: Warren's broadside was part of a letter sent Friday to the SEC, asking it to investigate and provide more information on how it plans to address the recent stock market volatility, related to shares of GameStop, et al.

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