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In an interview for "Axios on HBO," Donald Trump Jr. told me he wants to debate Hunter Biden over who has benefited more financially from their father's government service.

Driving the news: "We can go full transparency, we show everything, and we can talk about all of the places where I am supposedly grifting but Hunter Biden isn't," said the president's eldest son, who still runs the Trump Organization with his brother Eric.

  • After I pressed Don Jr. on his book deal and paid speeches during Trump's presidency, he replied, "If you looked at my tax returns, which maybe we could talk about in this debate."
  • So you'll release your tax returns, I asked.
  • "If we do it both, 100%," Don Jr. said. "Let's talk about who profited off of whose public service. Happy to do it. Let's make it happen."
  • The other side: TJ Ducklo, national press secretary for the Biden campaign, said in response: "It is hard to believe anything a Trump says on tax returns when Donald Sr. has lied for years about releasing his."

Why it matters: After spending much of the past year aggressively attacking Joe Biden over his son's business dealings with a corrupt energy company in Ukraine while he was vice president, Republicans mostly stopped talking about Hunter when it looked like his father wouldn't make it through the primaries.

  • But now that Joe Biden has had a resurgence, Republicans are gearing up for investigations on Capitol Hill designed to undermine the vice president's chances in the fall.

What's next: Biden's allies have hit back, saying Democrats should fight fire with fire by subpoenaing Trump's children.

  • Former Obama aide Tommy Vietor tweeted: "The House Oversight Committee should start investigating the business dealings of Don Jr, Eric Trump, Ivanka and Jared. We should welcome a conversation about the children of corrupt politicians."

The bottom line: Don Jr. has now publicly embraced that conversation.

  • A source close to Don Jr. told Axios that his debate challenge was a direct response to "Biden allies, earlier in the week, threatening him and his siblings."
  • "From our point of view," the source added, "Don is already one of the most scrutinized people on planet Earth and is more than prepared to respond to Democrat attacks. The same can't be said about Hunter Biden."

Go deeper:

Go deeper

Federal judge says Florida ban on "sanctuary cities" racially motivated

Florida Gov. Ron DeSantis. Photo: Joe Raedle/Getty Images

A federal judge on Tuesday struck down parts of a Florida law aimed at banning local governments from establishing "sanctuary city" policies, arguing in part that the law is racially motivated and that it has the support of hate groups.

Why it matters: In a 110-page ruling issued Tuesday, U.S. District Judge Beth Bloom said the law — signed and championed by Gov. Ron DeSantis (R) — violates the Constitution's Equal Protection Clause because it was adopted with discriminatory motives.

Biden steps into the breach

Sen. Joe Manchin heads to a meeting with President Biden today. Photo: Kevin Dietsch/Getty Images

President Biden ramped up the pressure on his fellow Democrats Wednesday, calling a series of lawmakers to the White House in the hope of ending infighting and getting them in line.

Why it matters: Divisions within the party are threatening to derail Biden's top priorities. After several weeks of letting negotiations play out, the president is finally asserting his power to ensure his own party doesn't block his agenda.

2 hours ago - Politics & Policy

Scoop: Dems seek new green deal

Rep. Stephanie Murphy. Photo: Chip Somodevilla/Getty Images/Bloomberg via Getty Images

House Democrats discussed with President Biden on Wednesday a plan to exempt billions of dollars of new climate spending from his requirement that his $3.5 trillion "soft" infrastructure plan be offset with additional revenue.

Why it matters: The accounting proposal — a version of "dynamic scoring" — would dramatically lower the amount of taxes Democrats would need to raise while creating wiggle room to increase the ultimate size of the package.