According to a speech scheduled to be delivered today, the Director of the National Economic Council, Brian Deese, will say the economic disruption of the pandemic shows that America needs an industrial policy that invests in more manufacturing jobs.

• Plus, the Biden administration says it won’t meet its July 4th COVID vaccination goal.
• And, what you need to know one month ahead of the Tokyo Olympics.

Guests: Axios’ Hans Nichols and Ina Fried.