Photo: Drew Angerer / Getty Images

Donald Trump Jr. is ramping up his efforts for the midterms, a source tells me. Don Jr., a favorite of outdoors enthusiasts, was a draw in 2016. Now Republicans are betting (hoping?) that he'll be equally effective for the midterms. The president's eldest son will focus on helping members who would benefit from his involvement and have been helpful to POTUS and his agenda. 

Two of the first stops on his dance card: Don Jr. will headline an event for Greg Pence, the vice president's brother who's running for U.S. House in Indiana. Wayne Berman and Tommy Hicks are hosting that April 23 event in New York City. And he just confirmed for an event benefiting Rep. Lee Zeldin (R-N.Y.) that top GOP fundraiser Steve Louro is hosting in early August on Long Island.

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Trump's new TikTok threat

Photo illustration: Aïda Amer/Axios. Photo: Jim Watson/AFP via Getty Images

President Trump said twice Monday that the U.S. Treasury would need to get a portion of the sale price of TikTok, as a condition of regulatory approval.

Why it matters: This is akin to extortion — the sort of thing you'd expect to hear on a wiretap, not from the White House in front of reporters.

Ford names James Farley as new CEO amid ongoing turnaround effort

James Hackett, left, is retiring as Ford CEO. Jim Farley, right, takes over Oct. 1. Photo: Ford

Ford announced Tuesday that James Farley will take over as its next CEO, replacing James Hackett, 65, who is retiring after three years in the job.

Why it matters: It leaves Farley to complete the company's ongoing turnaround effort. The transition will be that much harder as the industry tries to navigate the coronavirus-induced economic slowdown which shuttered Ford plants for two months on the eve of some of its most important vehicle launches.

Updated 3 hours ago - Politics & Policy

Watch the full "Axios on HBO" interview with President Trump

In this episode of “Axios on HBO”, President Trump discusses his handling of the coronavirus pandemic, the upcoming election and much more with National Political Correspondent Jonathan Swan.

The interview was filmed on Tuesday, July 28 and aired Monday, Aug. 3 on HBO.