May 5, 2018

WSJ: Michael Cohen investigated for cash buildup during election

Michael Cohen. Photo: Spencer Platt/Getty Images

President Donald Trump's personal lawyer Michael Cohen had access to "as much as $774,000 through two financial transactions" during the 2016 presidential election, the Wall Street Journal reports citing public records.

Why it matters: Per the WSJ, this could feed into the investigation of his business affairs by the FBI and Manhattan federal prosecutors. Cohen doubled the credit line to his Manhattan apartment in February 2016 to $245,000, and gained access to an additional $529,000 in late 2015. The report adds that Cohen reportedly used his "home-equity line of credit to make a $130,000 payment" to Stormy Daniels. [Go deeper: Giuliani walks back that Fox News interview.]

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Rebecca Falconer, Orion Rummler, Rashaan Ayesh

Updated 22 mins ago - Politics & Policy

George Floyd updates

Protesters in Washington, D.C. on June 6. Photo: Samuel Corum/Getty Images

Thousands of demonstrators are gathering in cities across the U.S. and around the world to protest the killing of George Floyd. Huge crowds have assembled in Washington, D.C., Philadelphia and Chicago for full-day events.

Why it matters: Twelve days of nationwide protest in the U.S. has built pressure for states to make new changes on what kind of force law enforcement can use on civilians and prompted officials to review police conduct.

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Axios

Updated 32 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

Global: Total confirmed cases as of 7:30 p.m. ET: 6,852,810 — Total deaths: 398,211 — Total recoveries — 3,071,142 — Map.
U.S.: Total confirmed cases as of 7:30 p.m. ET: 1,917,080 — Total deaths: 109,702 — Total recoveries: 500,849 — Total tested: 19,778,873 — Map.
Public health: Why the pandemic is hitting minorities harder — Coronavirus curve rises in Florida — How racism threatens the response to the pandemic — Some people are drinking and inhaling cleaning products in attempt to fight the virus.
Tech: The pandemic is accelerating next-generation disease diagnostics — Robotics looks to copy software-as-a-service model.
Business: Budgets busted by coronavirus make it harder for cities to address inequality — Sports, film production in California to resume June 12 after 3-month hiatus.
Education: Students and teachers flunked remote learning.

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Caitlin Owens

4 hours ago - Politics & Policy

Why the coronavirus pandemic is hitting minorities harder

Illustration: Aïda Amer/Axios. Photo: Mark Makela/Getty Images

The coronavirus’ disproportionate impact on black and Latino communities has become a defining part of the pandemic.

The big picture: That's a result of myriad longstanding inequities within the health care system and the American economy.

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