Michel Euler/AP

Anthony Scaramucci's sale, at an attractive valuation, of his hedge fund to a Chinese firm with strong ties to the Communist Party has raised concerns at the Office for Government Ethics. Those concerns have been leveraged by Chief of Staff Reince Priebus to potentially force Scaramucci out of the Trump Administration, according to Politico.

Our thought bubble: Axios' Mike Allen reports that Scaramucci is an ally of Trump's nationalist adviser, Steve Bannon, but Scaramucci is also one of the most well-connected members of the Wall Street establishment who supported Scott Walker and Jeb Bush before throwing in with Trump. He could be a moderating influence on the Bannon wing on issues like trade reform, if he makes it to the West Wing.

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Updated 39 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8 a.m. ET: 12,520,431 — Total deaths: 560,830 — Total recoveries — 6,900,718Map.
  2. U.S.: Total confirmed cases as of 8 a.m. ET: 3,184,722 — Total deaths: 134,830 — Total recoveries: 983,185 — Total tested: 38,856,341Map.
  3. Public health: The reality of the coronavirus bites.
  4. Trade: Trump says he's no longer considering phase-two trade deal with China because the pandemic damaged the two countries' relationship.
  5. 🎧 Podcast: Rural America has its own coronavirus problem.
2 hours ago - Health

We're losing the war on the coronavirus

Chart: Danielle Alberti/Axios

By any standard, no matter how you look at it, the U.S. is losing its war against the coronavirus.

Why it matters: The pandemic is not an abstraction, and it is not something that’s simmering in the background. It is an ongoing emergency ravaging nearly the entire country, with a loss of life equivalent to a Sept. 11 every three days — for four months and counting.

Trump commutes Roger Stone's sentence

Roger Stone arriving at his sentencing hearing on Feb. 20. Photo: Drew Angerer/Getty Images

President Trump on Friday evening commuted the sentence of his longtime associate Roger Stone, according to two senior administration officials. Stone in February was sentenced to 40 months in prison for crimes including obstruction, witness tampering and making false statements to Congress.

Why it matters: The controversial move brings an abrupt end to the possibility of Stone spending time behind bars. He had been scheduled to report to prison on July 14.