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Read: Pete Buttigieg's opening statement ahead of confirmation hearing

Pete Buttigieg, President Biden's nominee to lead the Transportation Department, will tell senators he plans to prioritize the health and safety of public transportation systems during the pandemic — and look to infrastructure projects to rebuild the economy — according to a copy of his prepared remarks obtained by Axios.

Driving the news: Buttigieg will testify at 10 a.m. ET before the Senate Committee on Commerce, Science and Transportation. He is expected to face a relatively smooth confirmation process, though GOP lawmakers may press him on "green" elements of Biden's transportation proposals.


  • If confirmed, Buttigieg will be the first openly gay Cabinet secretary.

Between the lines: Buttigieg, 39, who faced off against Biden in the crowded Democratic presidential primary before throwing his support behind the now-president, has been reaching out to senators in both parties emphasizing his small-town roots.

  • His background as former mayor of South Bend, Ind., (pop. 102,000) could give him common ground with midwestern Republicans.

What they're saying: "When I took office as the mayor of South Bend--a city that was built by the power of American transportation--we had been hit so hard by economic loss that some in the national press listed us as one of America’s 'dying cities,'" Buttigieg says in his prepared remarks.

  • "As our city fought its way out of the teeth of the Great Recession, infrastructure was at the heart of our vision for a better future."
  • "Good transportation policy can play no less a role than making possible the American Dream, getting people and goods to where they need to be, directly and indirectly creating good-paying jobs."
  • He'll also say that "misguided policies and missed opportunities in transportation can reinforce racial and economic inequality, by dividing or isolating neighborhoods and undermining government’s basic role of empowering Americans to thrive."

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Why the startup world needs to ditch "unicorns" for "dragons"

When Aileen Lee originally coined the term "unicorn" in late 2013, she was describing the 39 "U.S.-based software companies started since 2003 and valued at over $1 billion by public or private market investors."

Flashback: It got redefined in early 2015 by yours truly and Erin Griffith, in a cover story for Fortune, as any privately-held startup valued at $1 billion or more. At the time, we counted 80 of them.

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In photos: Deadly Cyclone Tauktae leaves trail of destruction across India

Tropical Cyclone Tauktae killed at least 16 people in India after making landfall in Gujarat Monday, packing 100mph winds, and sweeping across Kerala, Karnataka, Goa and Maharashtra, per Reuters.

The big picture: The storm unleashed heavy rains and winds as authorities continued to grapple with surging infection rates and deaths from COVID-19. Over 200,000 people were evacuated from Gujarat, and ports, airports and vaccination centers shut in the state and Mumbai, Reuters reports. Tauktae weakened from a Category 3 storm into a "severe cyclonic storm" Tuesday morning local time.

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What to know about the Colonial Pipeline cyberattack

Colonial Pipeline,a huge network that supplies eastern states with gasoline, diesel and other products, is shut down thanks to a major ransomware attack disclosed over the weekend.

Why it matters: Colonial is the largest refined products pipeline network in the country, transporting over 100 million gallons per day.

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Trump's unfinished assault on Chinese tech like TikTok and Huawei leaves loose ends for Biden

President Trump's haphazard war on Chinese tech has left the Biden administration with a raft of unfinished business involving efforts to restrict Chinese firms and products in U.S. markets.

Why it matters: The Chinese and American tech industries are joined at the hip in many ways, and that interdependence has shaped decades of prosperity. But now security concerns and economic rivalries are wrenching them apart.

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