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President Trump at Camp David on Friday. Photo: Anna Moneymaker/Getty Images

Catch up quick

Trump cancels Iran attack, citing progress in negotiations

  • George Moriarty,
  • Donica Phifer
Scoop: MBS raises concerns over Trump's plans for massive Iran strikes
Scoop: MBS raises concerns over Trump's plans for massive Iran strikes
Tillis says Blanche won't be confirmed as AG amid Trump fund fight
Tillis says Blanche won't be confirmed as AG amid Trump fund fight
DeepSeek's new bargain model accelerates AI's race to zero
DeepSeek's new bargain model accelerates AI's race to zero
Trump considering strikes on Iranian energy targets within days
Trump considering strikes on Iranian energy targets within days
    • Avery Lotz
    Jul 31, 2026
    -
    Politics & Policy
    Trump's comments reignite Blanche confirmation fight
    Todd Blanche — a man with brown hair wearing a navy blue suit and red tie — looks over his shoulder while sitting in a chair at a Cabinet meeting.

    Acting Attorney General Todd Blanche attends a Cabinet Meeting on July 31 in Camp David, Maryland. Photo: Anna Moneymaker/Getty Images

    The Trump administration is still pushing lawmakers to confirm acting Attorney General Todd Blanche, even as President Trump defends the "anti-weaponization" fund holding Blanche's confirmation hostage.

    The big picture: The "anti-weaponization" fund has been the red line for Sens. John Cornyn (R-Texas) and Thom Tillis (R-N.C.). The lawmakers have refused to vote for Blanche until the DOJ put into writing that aspects of the deal aren't moving forward.

    Go deeper (1 min. read)
    • Courtenay Brown
    Jul 31, 2026
    -
    Economy
    Fed rates dissenters make their case for higher rates
    Photo illustration of Kevin Warsh with abstract arrows made from dollar bill signs going up and down.

    Federal Reserve chairman Kevin Warsh. Illustration: Aïda Amer/Axios. Photo: Brendan Smialowski/AFP via Getty Images

    Inflation has been too high for too long, and the Federal Reserve should not count on it fading without further action.

    • That is the argument from the three Fed officials who dissented from the decision led by chairman Kevin Warsh to leave interest rates unchanged this week, preferring instead to raise them.

    Why it matters: Together, the dissents lay out a blueprint for the Fed's hawkish wing, arguing that repeated supply shocks paired with resilient demand have made inflation too persistent to fade on its own without tighter monetary policy.

    Go deeper (2 min. read)
    • Shane Savitsky
    Jul 31, 2026
    -
    Economy
    The issue CEOs can't afford to ignore

    CEOs face an increasingly skeptical American public that's laser-focused on affordability and fairness, according to polling from the Brunswick Group and Echelon Insights provided first to Axios.

    Why it matters: With the midterms less than 100 days away, the results show corporate leaders need to build trust through consistency and neutrality — rather than trying to chase political headwinds.

    Go deeper (1 min. read)

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