Joe Biden at a virtual event. Photo: Carolyn Van Houten/The Washington Post via Getty Images

Joe Biden's campaign ties President Trump's coronavirus response to the U.S. economic downturn and death toll in a new digital ad previewed by Axios.

What they're saying: "Trump didn't want to upset the markets," the narrator says, adding, "Trump didn't build a great economy. His failure to lead destroyed one."

  • The ad, released Monday, will run statewide on Facebook, Instagram and YouTube in Pennsylvania, Wisconsin, Michigan, Florida, North Carolina and Arizona, per the campaign.

Why it matters: The Biden team plans to take on Trump over the economy, health care and China.

  • Just last week, Biden delivered a speech on the state of the economy across NowThis platforms, outlining the central economic arguments his campaign will use against Trump.
  • "We have an economic crisis because we have a public health crisis, and we have a public health crisis because he failed to act," Andrew Bates, the Biden campaign's rapid response director, told Axios.

The other side: The Trump campaign called the ad's premise a "factually inaccurate attempt to be relevant by Joe Biden" and said the president has been focused on protecting Americans' safety and the economy.

  • "It’s a fact that the hottest economy anyone had ever seen was artificially interrupted by the coronavirus," a spokesperson said.

The big picture: Biden is seeking to use digital ads to get his message out to voters as he competes with the president's bully pulpit.

Go deeper: Democrats lay out rebuttal to Trump attacks on Biden over China

Go deeper

The top Republicans who aren't voting for Trump in 2020

Photo: Brendan Smialowski/AFP via Getty Images

Vice President Pence's former lead staffer on the White House coronavirus task force announced that she plans to vote for Joe Biden in the 2020 election, while accusing President Trump of costing lives with his pandemic response.

Why it matters: Olivia Troye, who described herself as a life-long Republican, joins other prominent Republicans who have publicly said they will either not vote for Trump's re-election this November or will back Biden.

Biden team launches fundraiser series, starting with Tom Hanks

Joe Biden giving remarks in Delaware. Photo: Drew Angerer/Getty Images

Joe Biden and Tom Hanks held a virtual fundraiser together on Tuesday — collecting  $750,000 in 24 hours, per the campaign — that marks the first of a three-part fundraising series they're calling "Grassroots Fest."

Why it matters: The Biden campaign continues to rake in cash, even before debating President Trump in September. 

Harris gives Biden ticket a big shot of enthusiasm

Data: Newswhip; Graphic: Axios Visuals — Note: Hover over the graphic on desktop to see weekly articles and interactions for candidates and issues.

The addition of Kamala Harris to the Democratic ticket provided Joe Biden with the biggest surge of online enthusiasm he's seen in the entire campaign, according to data from NewsWhip provided exclusively to Axios.

Why it matters: While Biden has been getting much of his momentum from voters who are opposed to President Trump, rather than excited about him, Harris could stir other voters looking for reasons to turn out.