Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Rebecca Zisser/Axios

When a frustrated adviser once tried to convince President Trump to consider a strategic plan, the president launched into a story about his friend Mike Tyson, the former world heavyweight boxing champion.

What he's saying: "Everybody has a plan until they get punched in the mouth," Trump said, echoing a famous Tyson quote.

We had asked the adviser whether Trump ever expressed frustration that his West Wing lacked enough of a plan for the crises ahead.

  • "He gets frustrated when there is a plan," the adviser said. "He’s not a guy who likes a plan. ... There’s an animosity towards planning, and there’s a desire to pick fights that have nothing to do with us."

Trump used the Tyson quote as evidence that detailed strategic plans are pointless and said, in the adviser’s recollection, "We’ve just gotta fight every day and that’s how we win."

  • "We can plan all this stuff out but it’ll change," the president continued. "So let’s just not go through the effort."
  • The adviser said that Trump's "main view was that all this stuff wasn’t predictable, ... which is unfortunately not accurate. ... It absolutely is predictable."
  • A second source, a senior administration official, confirmed Trump has used that Tyson quote to make his point about the pointlessness of planning.

A third senior official insisted that the Tyson example is not entirely representative, and said that while Trump doesn’t personally like discussing plans he likes to know there is a plan.

  • Other officials insist he prefers to wing it, keeping loose and flexible and avoiding locking himself into even the vaguest plans.

For Trump’s part, he often claims there is a plan, he just won’t reveal it.

  • During the campaign, he said he had a secret plan to defeat ISIS.
  • Trump tweeted Saturday: "I just watched a Fake reporter from the Amazon Washington Post say the White House is 'chaotic, there does not seem to be a strategy for this Shutdown. There is no plan.' ... I do have a plan on the Shutdown."

Why it matters: Trump's aversion to planning has been evident throughout his administration.

  • You see it now with his handling of the shutdown, which he entered without a clear conception of an exit ramp, according to aides.

Go deeper:

Go deeper

13 hours ago - World

Maximum pressure campaign escalates with Fakhrizadeh killing

Photo: Fars News Agency via AP

The assassination of Mohsen Fakhrizadeh, the architect of Iran’s military nuclear program, is a new height in the maximum pressure campaign led by the Trump administration and the Netanyahu government against Iran.

Why it matters: It exceeds the capture of the Iranian nuclear archives by the Mossad, and the sabotage in the advanced centrifuge facility in Natanz.

Scoop: Biden weighs retired General Lloyd Austin for Pentagon chief

Lloyd Austin testifying before Congress in 2015. Photo: Chip Somodevilla/Getty Images

Joe Biden is considering retired four-star General Lloyd Austin as his nominee for defense secretary, adding him to a shortlist that includes Jeh Johnson, Tammy Duckworth and Michele Flournoy, two sources with direct knowledge of the decision-making tell Axios.

Why it matters: A nominee for Pentagon chief was noticeably absent when the president-elect rolled out his national security team Tuesday. Flournoy had been widely seen as the likely pick, but Axios is told other factors — race, experience, Biden's comfort level — have come into play.

Updated 15 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: Supreme Court backs religious groups on New York COVID restrictions.
  3. World: Thailand, Philippines sign deal with AstraZeneca for vaccine.
  4. Economy: Safety nets to disappear in December Black Friday shopping across the U.S., in photosAmazon hires 1,400 workers a day throughout pandemic.
  5. Education: National standardized tests delayed until 2022.