UAW to resurrect 'Buy American' campaign: That's according to the Detroit Free Press, which quotes UAW leader Dennis Williams saying "No company … can survive without the market of the United States of America," and that it's time Americans started using that power to say "enough is enough." But the problem of identifying what is exactly "American" hasn't gotten any easier since the 1980s during the campaign's heyday. Foreign automakers build much of what they sell in the U.S. here, while American firms are often using Mexican labor for part of their supply chains.

The great American debt machine: CNNMoney published the eye-grabbing headline, "Household debt is dangerously close to 2008 levels," based on New York Fed data showing that consumer debt climbed by $460 billion in 2016, the largest jump in close to a decade. But the debt profile of American consumers is much different today than in 2008, while the income and assets we're holding as collateral have changed too. Mortgage debt increased by 2.8% last year, but that's actually a slower pace than the growth in overall home values, and roughly in line with income growth.

The real drivers of debt of late have been auto and student debt. Though 11.9% of student loans are either delinquent or more than 90 days late, that figure has not been rising in recent months, so no alarms just yet.

Who will run Trump's Fed? Obama-era gridlock has left President Trump the chance to reshape the central bank. There are two open seats on the seven-member board, which serves staggered 14-year terms. Janet Yellen and Vice-chair Stanley Fischer's terms are up at the end of next year. Deustche Bank names four possible choices for the Trump Fed, including monetary hawks John Taylor and John Cochrane. These two would be no-brainers for another Republican, but as Trump has abandoned the strong-dollar policy, it's difficult to see how he could justify choosing these avid interest-rate hikers.

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Michael Cohen taken back into federal custody

Michael Cohen arrives at his Park Avenue apartment on May 21 in New York City. Photo: Johannes Eisele/AFP via Getty Images

President Trump's disgraced former personal lawyer Michael Cohen is heading back to prison after refusing the conditions of his home confinement, according to two people familiar with the situation.

Details: A New York Post report earlier this month placed Cohen out at a restaurant in New York with his wife, while one of the sources said that more broadly he refused to wear an ankle bracelet.

U.S. sanctions Chinese officials over Uighur human rights abuses

Photo: Xinhua/Liu Jie via Getty Images

The Treasury Department announced Thursday that the U.S. has sanctioned four Chinese Communist Party officials and the Xinjiang Public Security Bureau for human rights abuses against Uighur Muslims and other ethnic minorities in Xinjiang.

Why it matters: The sanctions designations, pursuant to the Global Magnitsky Act passed by Congress in 2016, mark a significant escalation in the Trump administration's response to the Chinese government's detainment of over 1 million Uighurs in internment camps.

Updated 36 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 2 p.m. ET: 12,118,667 — Total deaths: 551,271 — Total recoveries — 6,649,930Map.
  2. U.S.: Total confirmed cases as of 2 p.m. ET: 3,081,383 — Total deaths: 132,570 — Total recoveries: 953,420 — Total tested: 37,431,666Map.
  3. Public health: Cases rise in 33 statesFlorida reports highest single-day coronavirus death toll since pandemic began.
  4. Science: World Health Organization acknowledges airborne transmission of coronavirus.
  5. Travel: Young adults are most likely to have moved due to coronavirus.