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Photo: Tom Brenner/Getty Images

President Trump's political allies are trying to raise at least $2 million to investigate reporters and editors of the New York Times, Washington Post and other outlets, according to a 3-page fundraising pitch reviewed by Axios. 

Why it matters: Trump’s war on the media is expanding. This group will target reporters and editors, while other GOP 2020 entities go after the social media platforms, alleging bias, officials tell us.

  • The group claims it will slip damaging information about reporters and editors to "friendly media outlets," such as Breitbart, and traditional media, if possible.
  • People involved in raising the funds include GOP consultant Arthur Schwartz and the "loose network" that the NY Times reported last week is targeting journalists. The operations are to be run by undisclosed others.
  • The prospectus for the new project says it's "targeting the people producing the news."

The irony: The New York Times exposed an extremely improvisational effort that had outed a Times editor for past anti-Semitic tweets. This new group is now using the exposure to try to formalize and fund the operation.

  • Organizers joke that their slogan should be: "Brought to you by the New York Times."

Under "Primary Targets," the pitch lists:

  • "CNN, MSNBC, all broadcast networks, NY Times, Washington Post, BuzzFeed, Huffington Post, and all others that routinely incorporate bias and misinformation in to their coverage. We will also track the reporters and editors of these organizations."

This isn't an entirely new concept. The liberal group Media Matters monitors journalists and publications and goes public with complaints of bias. But being this blatant and specific about trying to discredit individual reporters is new. 

Go deeper: Trump allies plot new war on social media

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Go deeper

UNC race conscious admissions process upheld by judge

Students walk through the campus of the University of North Carolina at Chapel Hill on Aug. 18, 2020 in Chapel Hill, North Carolina. Photo: Melissa Sue Gerrits/Getty Images

The University of North Carolina at Chapel Hill can continue its race conscious admissions process, a federal judge ruled on Monday.

Why it matters: The case could end up in the Supreme Court after the conservative nonprofit Students for Fair Admissions (SFFA) vowed to appeal the judge's ruling that UNC didn't discriminate against against white and Asian American applicants in its policy that it said was designed to increase diversity.

SEC debunks conspiracy theories about meme stock mania

Photo: Alessia Pierdomenico/Bloomberg via Getty Images

The SEC issued its long-awaited report on the meme stock mania, which downplayed the narrative that a "short squeeze" was the primary driver behind GameStop's historic stock moves — and shot down conspiracy theories about the event.

Why it matters: The postmortem was highly anticipated, largely because of what it could hint about what the regulator thinks should be done in wake of the saga. But the report stopped short of specific policy recommendations.

3 hours ago - Politics & Policy

Breaking Biden's diplomatic logjam

Expand chart
Data: Center for Presidential Transition via Congress.gov; Chart: Will Chase/Axios

The logjam for reviewing and confirming President Biden's ambassadorial picks is finally starting to break.

Why it matters: Biden is far behind his predecessors in the rate at which his ambassadorial picks have been confirmed. The Senate Foreign Relations Committee will hold a series of high-profile hearings and votes this week to finally begin chipping away at the backlog.