Hi, I'm Dan for Mac and welcome to Axios Recap, sponsored by United Health Group.

Today's Wednesday, April 7th.

U.S. gas supplies are up.

Bitcoin prices are down and we're focused on corporate America's selective outrage.

Earlier today, J.P. Morgan's CEO, Jamie Diamond, published his annual letter, in which he wrote

that the business sector should be a, quote, responsible community citizen.

In other words, that it should take an active role in helping develop public policy that

benefits society at large, not just policy that benefits company stockholders.

And if you've been listening to this show lately, Diamond's perspective won't come as much of a surprise. On Monday, for example,

we had on the CEO of Siemens USA, where she argued for massive U.S. infrastructure investment,

even beyond areas that would directly impact her company. Yesterday, we spoke with Atlanta's

mayor and touched on all the

big Georgia businesses that have made public statements in opposition to the state's new voting

law. That said, there are critics of this new corporate conventional wisdom, namely

Republicans whose politics seem to keep falling on the wrong side of CEO ledgers. Mitch McConnell,

for example, said yesterday the

company should, quote, stay out of politics, end quote, even though he later undercut himself

by clarifying that he was not talking about political donations. And then there's this other critique

gaining traction in GOP circles that U.S. companies with business in China are willing to be

very vocal about U.S. policy, but are

largely silent when it comes to China's human rights violations. So today we want to dig

into what U.S. companies are and aren't saying about China and why, with Axios China editor,

...