Carolyn Kaster / AP

Steve Bannon gave what an associate called "an epic, biggest, baddest defense" of President Trump in yesterday's "60 Minutes" interview with Charlie Rose. which ran several hours.

  • In defending Trump, he also called for Gary Cohn to resign. "If you're going to break [with Trump], then resign ... I'm talking about Gary Cohn and some other people. If you don't like what he's doing and you don't agree with it then you should resign."
  • The associate: "Steve puts Republicans on notice that they better support the president or there'll be consequences."
  • Bannon's hot quote: Trump's predecessors left him Vietnam in Afghanistan, the Cuban Missile Crisis in North Korea and the Bay of Pigs in Venezuela.

Go deeper

Dan Primack, author of Pro Rata
10 mins ago - Economy & Business

Leon Black says he "made a terrible mistake" doing business with Jeffrey Epstein

Photo illustration: Sarah Grillo/Axios. Photo: Rick Friedman/Corbis/Getty Images

Apollo Global Management CEO Leon Black on Wednesday said during an earnings call that he made a "terrible mistake" by employing Jeffrey Epstein to work on personal financial and philanthropic services.

Why it matters: Apollo is one of the world's largest private equity firms, and already has lost at least one major client over Black's involvement with Epstein.

1 hour ago - World

Jeremy Corbyn suspended by U.K. Labour Party over anti-Semitism report

Photo: Christopher Furlong/Getty Images

The U.K. Labour Party has suspended its former leader, Jeremy Corbyn, after a watchdog report found that the party failed to properly take action against allegations of anti-Semitism during his time in charge.

Why it matters: It represents a strong break by Keir Starmer, Labour's current leader, from the Corbyn era and one of the party's most persistent scandals.

U.S. economy sees record growth in third quarter

The U.S. economy grew at a 33.1% annualized pace in the third quarter, the Commerce Department said on Thursday.

The state of play: The record growth follows easing of the coronavirus-driven lockdowns that pushed the economy to the worst-ever contraction — but GDP still remains well below its pre-pandemic level.