Evan Vucci / AP

Last Wednesday, Treasury Secretary Mnuchin met with Republican leaders from the House and Senate, including Mitch McConnell and Paul Ryan.

  • What everyone can agree on: Two sources with direct knowledge of the meeting tell me Mnuchin made it clear he wants the debt ceiling to be raised ahead of any "deadline," as early as before the August recess. (It's no secret that Mnuchin views the debt ceiling as non-negotiable and doesn't want it used as a negotiating tool.)
  • Where the accounts differ: One source told me, "it's not like people laughed when he said before the August recess but the mood was clear that this wasn't something that was ever going to happen." But a source close to Mnuchin says the Secretary heard no rejection of that pre-August timeline and considers it "a viable option."
  • Current timing: Treasury believes it can keep using emergency cash saving measures to avoid breaking the borrowing limit until the early fall.

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AOC to speak at Dem convention

Rep. Alexandria Ocasio-Cortez during an April a press conference in Queens, New York City. Photo: Scott Heins/Getty Images)

Rep. Alexandria Ocasio-Cortez will speak at the Democratic convention next week, to give the nominating speech for Sen. Bernie Sanders on the Tuesday night, CNN first reported and Axios has confirmed.

Why it matters: Her involvement is a strategic decision to energize young progressives without tying former Vice President Joe Biden too closely or directly with her agenda.

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Illustration: Annelise Capossela/Axios

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Protests in Belarus turn deadly following sham election

An arrest today in Minsk. Photo: Natalia Fedosenko/TASS via Getty

Protesters and security forces are clashing across Belarus tonight, with at least one person dead, hundreds injured and thousands arrested.

Why it matters: Sunday’s rigged presidential elections have yielded political uncertainty unlike any seen in Aleksander Lukashenko’s 26-year tenure. After claiming an implausible 80% of the vote, Lukashenko is using every tool in the authoritarian arsenal to maintain his grip on power.