Attorney General Bill Barr. Photo: Bill Pugliano/Getty Images

Senate Majority Leader Mitch McConnell, Senate Judiciary Chairman Lindsey Graham and House Minority Leader Kevin McCarthy issued a statement Tuesday in support of Attorney General William Barr.

Why it matters: More than 2,000 former Justice Department officials have called on Barr to resign for his role in politically sensitive investigations, after he intervened in the case of Trump associate Roger Stone.

  • Career prosecutors sought a prison sentence of seven to nine years for Stone, but the DOJ overruled their sentencing memo and claimed such a sentence would be too harsh.
  • All four prosecutors who tried the Stone case resigned following the DOJ's intervention.

The big picture: Trump has publicly expressed his support for the DOJ's decision, but Barr hasn't welcomed the praise. The attorney general said in an ABC News interview he believes Trump chiming in on the issue makes his job "impossible."

What they're saying:

"Suggestions from outside groups that the Attorney General has fallen short of the responsibilities of his office are unfounded. The Attorney General has shown that he is committed without qualification to securing equal justice under law for all Americans."
— McConnell, Graham and McCarthy

Go deeper: 9 Democratic senators call on Bill Barr to resign over Roger Stone case

Go deeper

Updated 40 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 7:30 p.m. ET: 13,258,016 — Total deaths: 576,752 — Total recoveries — 7,366,845Map.
  2. U.S.: Total confirmed cases as of 7:30 p.m. ET: 3,416,222 — Total deaths: 136,319 — Total recoveries: 1,049,098 — Total tested: 41,764,557Map.
  3. Politics: Biden welcomes Trump wearing mask in public but warns "it’s not enough"
  4. Public health: Four former CDC heads say Trump's undermining of agency puts lives at risk — CDC director: U.S. could get coronavirus "under control" in 4–8 weeks if all wear masks.

Bank CEOs brace for worsening economic scenario

JPMorgan CEO Jamie Dimon. Photo: J. Lawler Duggan/For The Washington Post via Getty Images

Wells Fargo swung to its first loss since the financial crisis — while JPMorgan Chase and Citigroup reported significantly lower profits from a year earlier — as the banks set aside billions of dollars more in the second quarter for loans that may go bad.

Why it matters: The cumulative $28 billion in loan loss provisions that banks have so far announced they’re reserving serves as a signal they’re preparing for a colossal wave of loan defaults as the economy slogs through a coronavirus-driven downturn.

3 hours ago - Health

Moderna's vaccine spurred immune system response to coronavirus

Moderna's stock rose 16% after hours on this news. Photo: Jakub Porzycki/NurPhoto via Getty Images

Healthy volunteers who took Moderna's coronavirus vaccine candidate appeared to generate an immune system response to the virus, and there were "no trial-limiting safety concerns," according to a new study published in the New England Journal of Medicine.

Why it matters: The phase one trial is still small and does not definitively determine how effective the vaccine is. But Anthony Fauci of the National Institutes of Health, which is running the trial, told the Wall Street Journal that these data make it "pretty clear that this vaccine is capable of inducing quite good [levels] of neutralizing antibodies."