Kirsty Wigglesworth / AP

British authorities have launched an investigation into Barclays Bank and CEO Jes Staley for his attempts to identify the author of a whistleblower letter the board received in 2016.

Staley took over in 2015 with a pledge to overhaul the culture at Barclays, which had been rumbling through a series of public relations troubles, including its $450 million payout in 2012 over allegations it had tried manipulating the benchmark rate, Libor.

Why it matters: Timing. The UK's Serious Fraud Office is about to decide whether it will prosecute the bank and former executives for a loan it gave to Qatar.

The outcome: Staley's getting his pay docked once the investigation is over, but the Board has "unanimous confidence" in him and plans to reappoint him to his role this May.

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1 hour ago - Health

Fauci says if people won't wear masks, maybe it should be mandated

Anthony Fauci. Photo: Graeme Jennings- Pool/Getty Images

NIAID director Anthony Fauci told CNN on Friday evening that if "people are not wearing masks, then maybe we should be mandating it."

Why it matters: Fauci made the comments the same day the U.S. hit its highest daily COVID-19 case count since the pandemic began.

Harris to Black voters: Casting a ballot is about honoring your ancestors

Democratic vice presidential nominee Kamala Harris speaks at a "Get Out The Vote" rally at Morehouse College. Photo: Elijah Nouvelage/AFP via Getty Images

Sen. Kamala Harris appealed to Black voters in Georgia on Friday, urging them to "honor the ancestors" by casting ballots, and again calling President Trump a "racist."

Why it matters: The U.S. saw a significant decline in African-American voter turnout between 2012 and 2016, reaching its lowest point since 2000. Higher turnout among Black Americans this year could tip the balance in favor of Democrats in key battleground states, including Georgia.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Fauci: Trump hasn't been to a COVID task force meeting in months.
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  4. Retail: Santa won't greet kids at Macy's this year.
  5. World: Spain and France exceed 1 million cases.