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!

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!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photos: Christian Hartmann/AFP/Getty Images; Saul Loeb/AFP/Getty Images

Responding to questions from Robert Mueller is President Trump’s literal moment of truth.

Why it matters: Over his decades in public life, Trump has faced scant — if any — serious consequences for saying things that are not true. However, right now, in putting together his answers for the special counsel, that all changes.

Trump told reporters yesterday that he had finished, but not submitted, his answers for Mueller:

  • "My lawyers aren’t working on that. I’m working on that. I write the answers. My lawyers don’t write answers; I write answers."
  • "I was asked a series of questions. I’ve answered them very easily. Very easily. I’m sure they’re tricked up, because, you know, they like to catch people — 'Gee, you know, was the weather sunny or was it rainy?' 'He said it may have been a good day; it was rainy, therefore he told a lie. He perjured himself.'"
  • "OK? So you have to always be careful when you answer questions with people that probably have bad intentions."

It’s evident that Trump is acutely aware of the high price he would pay if he lies to the special counsel. His concern about that is entirely grounded in fact, and that’s why the process has dragged on for many months. 

  • We don't know what Trump has written as answers to these questions. But it’s hard to imagine Trump would tell Mueller anything that would incriminate himself or his family. Without direct knowledge of the contents of his answers, we feel on safe ground saying Trump isn’t handing Mueller any huge bombshells.
  • More than anything, for Trump, answering these questions — even though it’s in written form, and even though it dragged on — appears to be acquiescing to the legitimacy of the special counsel.
  • Once that letter gets sent, Trump will have accepted, in act if not in words, that Mueller is running a serious and important investigation, and that it behooves powerful people to give Mueller what he wants.

Between the lines: Rudy Giuliani told The Washington Post that Trump is only answering questions about events prior to his election. If that’s true, it would indicate a certain level of success for the president’s legal team in evading cooperation with inquiries into potential obstruction of justice.

  • That said, it’s still a concession on the part of the White House to give answers from the president to Mueller.

Go deeper:

Go deeper

Capitol review panel recommends more police, mobile fencing

Photo: Olivier Douliery/AFP via Getty Images

A panel appointed by Congress to review security measures at the Capitol is recommending several changes, including mobile fencing and a bigger Capitol police force, to safeguard the area after a riotous mob breached the building on Jan 6.

Why it matters: Law enforcement officials have warned there could be new plots to attack the area and target lawmakers, including during a speech President Biden is expected to give to a joint session of Congress.

Financial fallout from the Texas deep freeze

Illustration: Annelise Capossela/Axios

Texas has thawed out after an Arctic freeze last month threw the state into a power crisis. But the financial turmoil from power grid shock is just starting to take shape.

Why it matters: In total, electricity companies are billions of dollars short on the post-storm payments they now owe to the state's grid operator. There's no clear path for how they will pay — something being watched closely across the country as extreme weather events become more common.

U.S. Chamber decides against political ban for Capitol insurrection

A pedestrian passes the U.S. Chamber of Commerce headquarters as it undergoes renovation. Photo: Andrew Harrer/Bloomberg via Getty Images

The U.S. Chamber of Commerce revealed Friday it won't withhold political donations from lawmakers who simply voted against certifying the presidential election results and instead decide on a case-by-case basis.

Why it matters: The Chamber is the marquee entity representing businesses and their interests in Washington. Its memo, obtained exclusively by Axios, could set the tone for businesses debating how to handle their candidate and PAC spending following the Jan. 6 Capitol attack.