Evan Vucci / AP

Former national security advisor Michael Flynn misled Pentagon investigators over his involvement with Russia during his application process for a security clearance last year, per a letter from House Oversight ranking member Elijah Cummings to the committee's chairman, Jason Chaffetz.

The big thing: Flynn stated he had not received "any benefit from a foreign country," claiming that his $45,000 speaking fee at a 2015 Moscow gala for RT, the state-owned Russian news network, was paid by his U.S. speakers' bureau — however, Cummings' letter states that the Oversight Committee has documents showing Flynn's speaking fees were paid directly by RT.

The other big thing: Flynn claimed he had "insubstantial contact" with foreign officials in his clearance disclosures. He sat next to Russian President Vladimir Putin at the gala.

The backdrop: Flynn's attorneys sent a letter to the Senate Intelligence Committee today saying he would exercise his Fifth Amendment protection against self-incrimination rather than turn over documents the committee is seeking in its Russia probe.

Go deeper

"Hamilton" is a streaming hit for Disney+

Data: Google Trends; Chart: Andrew Witherspoon/Axios

The debut of "Hamilton" on Disney+ last Friday sent downloads of the app soaring over the weekend.

Why it matters: With theaters closed until 2021, "Hamilton" is the biggest litmus test for whether Broadway will ever be able to successfully transition some of its iconic hits.

Wall Street is no longer betting on Trump

Illustration: Sarah Grillo/Axios

Betting markets have turned decisively toward an expected victory for Joe Biden in November — and asset managers at major investment banks are preparing for not only a Biden win, but potentially a Democratic sweep of the Senate and House too.

Why it matters: Wall Street had its chips on a Trump win until recently — even in the midst of the coronavirus-induced recession and Biden's rise in the polls.

With new security law, China outlaws global activism

Illustration: Eniola Odetunde/Axios

The draconian security law that Beijing forced upon Hong Kong last week contains an article making it illegal for anyone in the world to promote democratic reform for Hong Kong.

Why it matters: China has long sought to crush organized dissent abroad through quiet threats and coercion. Now it has codified that practice into law — potentially forcing people and companies around the world to choose between speaking freely and ever stepping foot in Hong Kong again.