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5 big things

1.Trump's priorities are in deep trouble after his revenge tour

  • Hans Nichols,
  • Andrew Solender,
  • Kate Santaliz
Elon Musk's SpaceX  IPO filing is out
2.Elon Musk's SpaceX IPO filing is out
Scoop: Fetterman's chief of staff resigns
3.Scoop: Fetterman's chief of staff resigns
Trump bleeds votes in Congress to keep Iran war going
4.Trump bleeds votes in Congress to keep Iran war going
Most Fed officials see rate hikes if inflation stays high
5.Most Fed officials see rate hikes if inflation stays high
    • Ina Fried
    5 hours ago
    -
    Business
    Anthropic is paying SpaceX $15 billion per year
    Illustration of keyboard keys with the letters C, L, A, U, D and E, all mixed up and jumbled.

    Illustration: Aïda Amer/Axios. Stock: Getty Images

    Anthropic is paying SpaceX $1.25 billion per month through May 2029 as part of the massive compute deal the companies signed earlier this month.

    Why it matters: It's a massive bill but comes as Anthropic's revenue is taking off and the company is hampered by a lack of compute power.

    Go deeper (1 min. read)
    • Andrew Solender
    7 hours ago
    -
    Politics & Policy
    Democrats move to shut down Trump's $1.8B "weaponization" fund
    Man in a dark suit and striped tie speaks into a microphone at a formal hearing, with a blurred colleague beside him; American flag and gold curtains behind.

    Rep. Jamie Raskin speaks during a House Judiciary Committee hearing at the Capitol on March 4. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

    The top Democrat on the House Judiciary Committee is introducing legislation that would block a $1.8 billion fund to pay people who say they were the targets of politically motivated prosecutions.

    Why it matters: Rep. Jamie Raskin (D-Md.) could garner GOP support for the effort, with Rep. Brian Fitzpatrick (R-Pa.) telling reporters on Wednesday he will "try to kill" the fund.

    Go deeper (1 min. read)
    • Andrew Pantazi
    9 hours ago
    -
    Politics & Policy
    How Trump's $1.8B "anti-weaponization" fund works
    Illustration of a stack of hundred dollar bills on a scale with large menacing chains

    Illustration: Sarah Grillo/Axios

    President Trump sued his own administration, settled and will now spend $1.776 billion of taxpayer money to pay people who say the government targeted them politically.

    Why it matters: The "Anti-Weaponization Fund" turns a personal Trump settlement into a new government program, shields decisions on who gets the money from the courts and limits information about what the public knows about where the funds go.

    Go deeper (2 min. read)

THE LATEST


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        • Nvidia earnings show AI demand is still roaring

          • OpenAI prepares confidential IPO filing

            • NYC ride-sharing price war heats up amid scrutiny

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