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!

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!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

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: Sarah Grillo/Axios

President Trump is entering a new phase of his presidency: He's now dealing in real-time with the consequences of his policy decisions.

The big picture: For 30 years, Trump told America what it'd be like if he were in charge. Better deals, richer, safer, smarter. All rhetorical and theoretical. He could make all sorts of hyperbolic promises with no fear of being disproven. He could eliminate the national debt by eliminating a few agencies and cracking down on "waste, fraud and abuse." He could prevent terrorism by banning all Muslims from entering the country. He could build a big, beautiful wall and get Mexico to pay for it. He could deliver the best health care system anyone had ever dreamed of. 

  • For the first 12 months of his presidency, Trump made announcements, signed executive orders and some legislation too.
  • Now, Trump is living through the effects — and images — of his decisions. A booming economy at full employment. (Trump's tax cuts poured rocket fuel over what was already a hot economy.) Fractured alliances with Europe and Canada. Heartbreaking images and stories of parents separated from their children at the border. Ever higher health care premiums. And, potentially the most economically important: a multi-front trade war that Trump seems committed to following through on.

Overlaying all of this are three trends:

  1. Trump is trusting his instincts more every day. He feels emboldened, like he's finally in the swing of the job. I wonder whether he would make the same decision to stay in Afghanistan if he were making it today. Would he go against his instincts again and listen to his generals? (Compare that to the breezy, improvised way he’s handled North Korea announcements: deciding in the room with the South Koreans that he’ll take Kim Jong-un up on his offer to meet. And announcing, to the shock of much of official Washington, that he’d be ending joint U.S.-South Korean “war games” on the Korean Peninsula.)
  2. Fewer strictures: The brief interlude of Chief of Staff John Kelly whipping the West Wing into military discipline is over. Trump doesn't think he needs a chief, and is navigating Kelly's dayside guardrails in a way that has left POTUS largely uninhibited.
  3. An agenda that is — largely due to Congress’ dysfunction and Trump’s inability to tame it — moving from domestic to international. And the agenda faces growing groups of critics — abroad, in the media and at home.

Be smart, from a well-wired Republican: "Trump's biggest crisis will come if the trade wars cause a slowdown in the economy. The boom is giving him a cushion against the impact of his policies, personal behavior and impetuous decision making. No boom, no cushion. Political collapse."

Go deeper

Updated 29 mins ago - World

Fatal stabbing of British MP David Amess declared a terrorist incident

Police outside Belfairs Methodist Church in Leigh-on-Sea, England, on Oct. 15. Photo: John Keeble/Getty Images

Authorities have declared the death of David Amess a terrorist incident, hours after the Conservative Party lawmaker in the U.K. was fatally stabbed while meeting with local constituents in a church in eastern England on Friday.

The big picture: The Metropolitan Police has found "a potential motivation linked to Islamist extremism."

Biden: DOJ should prosecute those who defy Jan. 6 subpoenas

President Biden speaks with reporters at Bradley International Airport in Windsor Locks, Connecticut. Photo: Brendan Smialowski/AFP via Getty Images

President Biden said Friday that the Justice Department should prosecute those who defy subpoenas from the Jan. 6 select committee.

Why it matters: The president's remarks come one day after Donald Trump ally Steve Bannon failed to show up for a deposition before the committee.

Updated 2 hours ago - Politics & Policy

Bill Clinton hospitalized for non-COVID-related infection

Former President Bill Clinton. Photo: Win McNamee/Pool/AFP via Getty Images

Former President Bill Clinton was admitted to the University of California, Irvine Medical Center on Tuesday for a non-COVID-related infection, his spokesperson Angel Ureña said Thursday.

The latest: In an update on Friday, Ureña said Clinton's health indicators are "trending in the right direction, including his white blood count which has decreased significantly."