President Trump listens to a question during a White House Coronavirus Task Force briefing on April 10. Photo: Alex Wong/Getty Images

President Trump was informed in late January of a memo from White House economic adviser Peter Navarro that warned the novel coronavirus could kill up to half a million Americans and cost trillions of dollars, the New York Times reports.

Why it matters: Trump has repeatedly denied seeing January and February memos that Navarro sent, while insisting he did "more or less" what his adviser suggested by banning non-U.S. citizens from traveling from China effective Feb. 2.

  • Early missteps allowed COVID-19 to spread throughout the U.S. for weeks before state and local officials took action with strict lockdowns designed to keep the pandemic from spinning further out of control.

What they found: After Trump was presented with a mitigation plan on Feb. 24, "focus would shift to messaging and confident predictions of success rather than publicly calling for a shift to mitigation," NYT reports.

  • Trump's scheduled meeting with health officials advocating for widespread stay-at-home directives was replaced with the Feb. 26 White House briefing that put Vice President Mike Pence in charge of leading the administration's response to COVID-19, per the Times.
  • The axed meeting came after Trump "fumed" over a CDC official's public warning that mitigation efforts like social distancing would be necessary, the Times reports.

What they're saying: “While the media and Democrats refused to seriously acknowledge this virus in January and February, President Trump took bold action to protect Americans and unleash the full power of the federal government to curb the spread of the virus, expand testing capacities and expedite vaccine development even when we had no true idea the level of transmission or asymptomatic spread,” Judd Deere, a White House spokesperson, told Axios in a statement.

Go deeper: Read the Navarro memos, first published by Axios

Go deeper

Updated 14 mins ago - Health

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

France reported more than 2,500 new COVID-19 cases in 24 hours — the largest single-day number since May. French officials said the situation was "clearly worsening," per France 24.

By the numbers: Over 745,600 people have died of the novel coronavirus globally and over 20.4 million have tested positive, per Johns Hopkins. Almost 12.7 million have recovered from the virus.

Biden campaign raises $26 million in 24 hours after announcing Harris as running mate

Joe Biden and Kamala Harris. Photo: Olivier Douliery/AFP via Getty Images

Joe Biden's campaign announced on Wednesday that it raised $26 million in the 24 hours after revealing Sen. Kamala Harris as his vice presidential pick.

Why it matters: The cash influx signals that Harris has helped the Democratic presidential campaign pick up steam. Nearly 150,000 contributors were first-time donors, according to the campaign statement.

Updated 55 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 20,456,016 — Total deaths: 745,600— Total recoveries: 12,663,206Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 5,190,948 — Total deaths: 165,883 — Total recoveries: 1,714,960 — Total tests: 63,252,257Map.
  3. Politics: Pelosi says Mnuchin told her White House is "not budging" on stimulus position.
  4. Business: U.S. already feeling effects of ending unemployment benefits.
  5. Public health: America's two-sided COVID-19 response America is flying blind on its coronavirus response.
  6. Education: New Jersey governor allows schools to reopenGallup: America's confidence in public school system jumps to highest level since 2004.