Illustration: Sam Jayne / Axios

Steve Bannon has stepped down as executive chairman of Breitbart News. SiriusXM has now also cancelled his radio show, as "the agreement is with Breitbart."

The big picture: Trump got his scalp. He forced everyone inside and close to the White House to make a binary choice: “it’s me or Steve.” For everyone, including some of Bannon’s close allies, it was an easy choice. Almost everyone abandoned Bannon.

Between the lines:

  • This was the Mercers forcing his hand. It wasn’t just Bannon’s quotes to Wolff but how he mishandled the fallout. He took five days to issue a weak apology, which fell flat.
  • Right up until today Steve was telling associates everything was going to be fine (but he always does that when he’s under the gun.) But his associates knew this was coming. The Mercers had turned against him months ago. 
  • Per source close to the White House: “God, I can’t believe the whole movement just collapsed on this guy. He’s done.”
  • Per a former WH ally of Bannon’s: “I’ve gone from being sympathetic to Steve to believing he’s a genuinely bad guy, totally duplicitous. It’s a shame. He has a lot of talent. But his self-destructive streak is unlike anything I’ve ever seen.”

Go deeper:

From Breitbart's statement:

  • Bannon said, “I’m proud of what the Breitbart team has accomplished in so short a period of time in building out a world-class news platform.”
  • According to Breitbart CEO Larry Solov, “Steve is a valued part of our legacy, and we will always be grateful for his contributions, and what he has helped us to accomplish.”

Go deeper

Updated 5 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9:45 p.m. ET: 19,282,972 — Total deaths: 718,851 — Total recoveries — 11,671,491Map.
  2. U.S.: Total confirmed cases as of 9:45 p.m. ET: 4,937,441 — Total deaths: 161,248 — Total recoveries: 1,623,870 — Total tests: 60,415,558Map.
  3. Politics: Trump says he's prepared to sign executive orders on coronavirus aid.
  4. Education: Cuomo says all New York schools can reopen for in-person learning.
  5. Public health: Surgeon general urges flu shots to prevent "double whammy" with coronavirus — Massachusetts pauses reopening after uptick in coronavirus cases.
  6. World: Africa records over 1 million coronavirus cases — Gates Foundation puts $150 million behind coronavirus vaccine production.

Warren and Clinton to speak on same night of Democratic convention

(Photos: Abdulhamid Hosbas/Anadolu Agency via Getty Images, Sean Rayford/Getty Images)

Sen. Elizabeth Warren and Hillary Clinton both are slated to speak on the Wednesday of the Democratic convention — Aug. 19 — four sources familiar with the planning told Axios.

Why it matters: That's the same night Joe Biden's running mate (to be revealed next week) will address the nation. Clinton and Warren represent two of the most influential wise-women of Democratic politics with the potential to turn out millions of establishment and progressive voters in November.

Trump considering order on pre-existing condition protections, which already exist

Photo: Jim Watson/AFP via Getty Images

President Trump announced on Friday he will pursue an executive order requiring insurance companies to cover pre-existing conditions, something that is already law.

Why it matters: The Affordable Care Act already requires insurers to cover pre-existing conditions. The Trump administration is currently arguing in a case before the Supreme Court to strike down that very law — including its pre-existing condition protections.