Axios Closer Newsletter

14 hours ago | axios.com | Ben Berkowitz

Photo illustration: Aïda Amer/Axios. Photos: Steve Granitz/FilmMagic and Lester Cohen/Breakthrough Prize via Getty Images Elon Musk might have hundreds of billions of dollars and a social media megaphone, but President Trump's power over the levers of government may put Musk's business empire at much more immediate risk. The big picture: Virtually everything Musk does has huge regulatory exposure, from cars to spaceflight to neural implants.

1 day ago | axios.com | Melissa Santos

Data: Redfin; Chart: Kavya Beheraj/AxiosThe number of new apartment projects approved in the Seattle area has dropped significantly in recent months, which means rent hikes could be coming, real estate experts warn. The big picture: A wave of newly built apartments helped curb rent increases over the past few years — but for many renters, that break may be ending, Axios' Sami Sparber writes.

1 day ago | axios.com | Kale Williams

Illustration: Shoshana Gordon/Axios. Photos: Heilman/Classic Stock, Armstrong Roberts/Classic Stock, Charles Rotkin/Corbis, Stan Grossfeld/Boston Globe via Getty ImagesCity councilors voted unanimously on Thursday to more than quadruple a settlement payout to Black Portlanders who were displaced from the Albina neighborhood over the last six decades.

1 day ago | axios.com | Ryan Lawler

Crypto technology, once seen primarily as speculative, is now becoming essential financial infrastructure for banks and payment firms, fintech executives at Money20/20 Europe say. Why it matters: The shift promises more efficient cross-border payments but also requires significant new regulatory frameworks to ensure stability. "Crypto isn't just one big bucket anymore.

1 day ago | axios.com | April Rubin

Data: Axios research and KFF; Map: Axios VisualsD.C.'s public schools will enforce a cell phone ban starting next school year, the district said on Friday. Why it matters: D.C. joins nearly half the country in the bipartisan push to limit students' cellphone use in the classroom. D.C. middle schools and several of its high schools already implemented the ban, the district said. Catch up quick: Phone bans have gained momentum across Democratic and Republican state legislatures in recent years.