Axios Re:Cap

The Supreme Court last week heard arguments on President Trump's efforts to end DACA, the Obama-era program that allows hundreds of thousands of undocumented immigrants to remain in the country if brought here as minors. Dan digs in with Axios' Stef Kight, who watched and reported on the proceedings.

Saudi Aramco was supposed to be the largest IPO of all time. There was delay after delay after delay, and then over the weekend, they finally posted preliminary pricing — with just 1.5% of the company being offered and an estimated valuation of $1.6-$1.7 trillion — raising questions about hurdles the company is facing. Dan breaks down the implications with Axios energy reporter Ben Geman. Plus: America’s Un-carrier gets a new boss and the legal fight over California’s new rules on board diversity.

Today is Day 2 of the impeachment hearings on Capitol Hill, where we’ll hear testimony from former U.S. Ambassador to Ukraine, Marie Yovanovitch. But live TV viewership for Wednesday’s hearing fell short of several recent hearings — like Comey’s 2018 hearing and the Cohen hearing in February this year. Dan unpacks the latest on impeachment with Axios Executive Editor Mike Allen. Plus: Apple bans vaping apps and a big debate over domains.

Deval Patrick announced today that he will seek the Democratic presidential nomination, months after announcing he wouldn’t. Dan dives in with Axios Political Reporter Alexi McCammond on how Patrick — a former civil rights lawyer, two-term Massachusetts governor, and Bain Capital businessman — will perform in the race. Plus: Silicon Valley’s latest immigration controversy and Boomers bash back.

Yesterday’s show looked at gender discrimination allegations against the Apple Card, issued by Goldman Sachs, which has denied making gender-based decisions. Today, Dan unpacks the controversy with Carey Halio, CEO of Goldman Sachs Bank USA. Plus: the rise of data antitrust and a rough start for Disney+.

Basecamp co-founder David Heinemeier Hansson was given a credit limit 20 times what his wife received on the Apple Card despite the fact that they have joint assets — and she has higher credit score. Dan digs in with Hansson on the problem with the algorithm. Plus: private equity’s presidential problem and a surprise candidate to become WeWork’s next CEO.

Billionaires appear terrified of a Warren presidency — but the idea of taxing the rich isn’t new. Dan dives in to the politics of wealth taxes and the prospect of billionaire Mike Bloomberg joining the presidential field with Axios CEO Jim VandeHei. Plus: new troubles for the T-Mobile-Sprint merger and the real meaning of a life sentence.

Earlier this week, TikTok faced scrutiny in a congressional hearing and Republican Senator Marsha Blackburn called TikTok “China’s best detective” in a letter to its CEO. Dan digs in to TikTok and data privacy with Senator Blackburn. Plus: Facebook and Google consider new political ad rules and big money for former Uber CEO Travis Kalanick.

Private equity employs nearly 6% of all American workers, but the industry remains overwhelmingly white and male. Dan unpacks the private equity diversity problem with Kara Helander, Chief Inclusion and Diversity Officer at The Carlyle Group. Plus: how American companies are trying to dodge China tariffs and the big tech company calling for facial recognition rules.

Dan discusses Senator Elizabeth Warren's proposal to fundamentally overhaul the health care system in America.  Plus: Apple steps up on affordable housing & private equity wants to buy the Knicks.