Some of Washington’s most influential industry trade associations, including the U.S. Chamber of Commerce, have formed a new advocacy group, launched Monday, urging President Trump to back an Obama-era climate policy.

The details: The coalition, called Let America Lead, focuses on how the policy — a phase-down of heat-trapping chemicals used in appliances like air conditioners — makes America competitive and creates jobs. Climate change isn’t mentioned.

Flashback: The Obama administration helped broker the policy in October 2016 as an amendment to the Montreal Protocol, the 1987 treaty to repair the ozone layer.

The details: The group is a 501(c)(4), which means its donors don’t have to disclose their funding, and that it can be used for political purposes. Its backers include:

  • U.S. Chamber of Commerce
  • National Association of Manufacturers
  • American Chemistry Council
  • American Council for Capital Formation

What’s next: The policy would need to be voted on and approved by the Senate to be enacted, which is also a component of the campaign. But the Trump administration needs to send it to the Senate first.

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Scoop: Chinese biotech giant's U.S. subsidiary received PPP loan

Chinese biotech company BGI Genomics provided mobile labs for conducting COVID-19 tests at a sports center in Beijing. Photo credit: Xinhua/Chen Zhonghao via Getty Images.

A U.S. subsidiary of Chinese genomics company BGI Group received a loan through the Paycheck Protection Program (PPP), according to data on the program released by the U.S. Treasury Department this week.

Why it matters: BGI's close ties to the Chinese government, which is constructing a massive genetics database of its population, have raised concerns among U.S. officials.

Updated 45 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 10:30 a.m. ET: 12,077,210 — Total deaths: 550,327 — Total recoveries — 6,636,374Map.
  2. U.S.: Total confirmed cases as of 1o:30 a.m. ET: 3,055,491 — Total deaths: 132,310 — Total recoveries: 953,420 — Total tested: 37,431,666Map.
  3. Public health: Cases rise in 33 states — Fauci says states with severe outbreaks "should seriously look at shutting down"
  4. Education: How Trump's push to reopen schools could backfire — College sports stare down a disaster in the fall.
  5. Jobs: 1.3 million Americans filed for unemployment last week.

Supreme Court says Manhattan prosecutors can obtain Trump's financial records

Photo: Saul Loeb/AFP via Getty Images

The Supreme Court ruled Thursday that Manhattan prosecutors can obtain President Trump's financial records — and punted House Democrats' efforts to access similar records to a lower court.

Why it matters: The Manhattan ruling, a 7-2 decision, is a stinging loss for Trump, who has fought relentlessly to keep these records secret.