Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Aïda Amer/Axios

Even before Robert Mueller has delivered his final communiqué, Democrats have activated a new phase in the Trump-Russia wars that ultimately could prove more damaging to the president than the special counsel's investigation.

Why it matters: For Trump, this has been a behind-the-scenes probe, with sensational yet intermittent revelations. Now, it's about to become a persistent and very public process — at best, a nuisance; at worst, a threat to his office.

  • What's new: Whether or not Mueller is sitting on a grand finale, Democrats are picking up the baton with a vast probe that already involves a half-dozen committees, and will include public hearings starring reluctant witnesses.
  • What House Democrats are thinking after the public Cohen hearing, via an email to Axios from MSNBC analyst Matt Miller: "Incredible to start an investigation and have six months' worth of leads on the first day."

What Democrats are planning: 

  • They want to call Trump family members — with subpoenas, if necessary.
  • The Democrats' investigation will touch Trump's businesses, foundation and presidency — and could extend into 2020, top Democrats tell me. 
  • Besides Russia, topics include conflicts of interest, money laundering, and Jared Kushner's security clearance and other White House clearances. (N.Y. Times scoop: "Trump Ordered Officials to Give Kushner a Security Clearance.")
  • Rep. Jamie Raskin (D-Md.), who's on the House Oversight Committee, tells Axios' Alayna Treene that committees are "zeroing in on the Moscow project, the Russia connection and the influence of other foreign actors like Saudi Arabia."

Democrats expect all that may serve as a Rosetta Stone to arguable "high crimes and misdemeanors," touching off an impeachment process. 

  • Well-wired Democrats tell us that even if the impeachment process doesn't lead to a showdown vote, so much energy in the party is invested in the idea that they see little chance of heading off at least the opening stages. 

Coming attractions: House Intelligence Chairman Adam Schiff said the committee will hear from Felix Sater, a Russia-born executive who worked with Cohen on Trump Tower in Moscow, in an open hearing on March 14, per AP.

  • The committee also plans to bring in longtime Trump Organization CFO Allen Weisselberg.

Be smart ... Kurt Bardella, a Republican former senior adviser for House Oversight, writing in USA Today:

  • "It will only be a matter of time before the Oversight Committee requests that Ivanka Trump, Donald Trump Jr. and Jared Kushner speak to congressional investigators about their meetings, conversations and plans for a Trump Tower project in Moscow."
  • "The Trump Organization will receive requests for all emails, documents, notes and other evidence related to the internal deliberations about the project."

Go deeper:

Not a valid email format.
Not a valid email format.
Server error. Please try a different email.
Not a valid email format.
Not a valid email format.
Server error. Please try a different email.
Not a valid email format.
Not a valid email format.
Server error. Please try a different email.
Not a valid email format.
Not a valid email format.
Server error. Please try a different email.
Not a valid email format.
Not a valid email format.
Server error. Please try a different email.

Go deeper

Felix Salmon, author of Capital
1 hour ago - Economy & Business

Warren Buffett resigns from Gates Foundation board

Buffett and Bill Gates in 2015. Photo: Dimitrios Kambouris/Getty Images

The Bill and Melinda Gates Foundation — the second-largest philanthropy in the world — is now governed by just two trustees, after Warren Buffett announced on Wednesday that he had resigned his position there.

Why it matters: The two remaining trustees, Bill Gates and Melinda French Gates, are going through a divorce.

Updated 2 hours ago - World

U.K. denies Russia fired warning shots at destroyer in Black Sea

The HMS Defender in the port of Odessa on Ukraine's Black Sea coast on June 18. Photo: Konstantin Sazonchik\TASS via Getty Images

Russia's defense ministry claimed Wednesday that a Russian warship and fighter jet fired "warning" shots at the British Royal Navy’s HMS Defender destroyer for encroaching on waters near Crimea in the Black Sea.

The latest: The U.K.'s ministry of defense disputed that any warning shots were fired, saying in a statement, "We believe the Russians were undertaking a gunnery exercise in the Black Sea and provided the maritime community with prior-warning of their activity."

Mike Allen, author of AM
Updated 2 hours ago - Politics & Policy

First look: WaPo Trump book's secret title revealed

Cover: Penguin Press

The Washington Post's Carol Leonnig and Philip Rucker will be out July 20 with "I Alone Can Fix It: Donald J. Trump’s Catastrophic Final Year," Penguin Press announced.

Breaking: Axios has learned that The Wall Street Journal's Michael Bender is moving "Frankly, We Did Win the Election" up to July 20, matching Leonnig-Rucker, from his earlier pub date of Aug. 10.