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U.S. troops near Bagram, Afghanistan in 2014. Photo: Scott Olson/Getty Image

The American military has begun its withdrawal from Afghanistan, Gen. Austin Miller, the head of the U.S.-led coalition there, said at a press conference Sunday, per the New York Times.

Why it matters: Miller's statement comes about two weeks after President Joe Biden formally announced that the U.S. would execute a complete withdrawal from Afghanistan and effectively "end America’s longest war."

What they're saying: “I now have a set of orders," said Miller.

  • "We will conduct an orderly withdrawal from Afghanistan, and that means transitioning bases and equipment to the Afghan security forces.”

What's more: In addition to the 3,500 U.S. troops that will leave the country by mid-September, many of the 7,000 NATO troops stationed in Afghanistan will also withdraw, according to the Times.

  • Many private contractors operating in Afghanistan will leave as well, though Miller noted that some contracts will be adjusted to continue support for the Afghan security forces.

Go Deeper:

Go deeper

Top general: Calls to China were "perfectly within the duties" of job

Gen. Mark Milley. Photo: Andrew Harrer/Bloomberg via Getty Images

Joint Chiefs Chairman Mark Milley told the Associated Press on Friday that calls with his Chinese counterpart during the final months of Donald Trump's presidency were "perfectly within the duties and responsibilities" of his job.

Why it matters: In his first public comments on the calls that have prompted critics to question whether the general went too far, Milley maintained that such conversations are "routine," per AP.

The consumer's massive "war chest"

Illustration: Megan Robinson/Axios

Economists expect the pace of economic growth to cool off now that government transfer payments like stimulus checks and emergency unemployment benefits are in the rearview mirror. But evidence suggests that the U.S. consumer is sitting on a lot of financial firepower that could be a key driver of growth in the quarters to come.

Why it matters: U.S. consumer spending is massive, representing about 70% of GDP.

The Fed takes on its own rules amid stock trading controversy

Photo: Al Drago/Bloomberg via Getty Images

New disclosures that showed Fed officials were active in financial markets set off a firestorm of criticism. Now the Fed may overhaul the long-standing rules that allow those transactions.

Why it matters: What officials actively traded was sensitive to the Fed decisions they helped shape, including the unprecedented support that underpinned a massive financial market boom.

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