Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. 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!

Denver news in your inbox

Catch up on 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!

Des Moines news in your inbox

Catch up on 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!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

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!

Asked by Fox News Sunday's Chris Wallace about President Trump's values, Secretary of State Tillerson said, "the president speaks for himself." Wallace followed up by asking Tillerson if he was separating himself from Trump's values, and Tillerson indicated that he was: "I have made my own comments as to our values."

Why it matters: The Secretary of State is saying that after events like Charlottesville, the President of the United States is not speaking for America and channeling its values — he's speaking for himself. And Tillerson's comments follow strong words from Gary Cohn, Trump's economic adviser, who said he felt "enormous pressure" to resign over Trump's response to Charlottesville.

Cohn on Friday to the Financial Times:

  • "This administration can and must do better in consistently and unequivocally condemning these groups and do everything we can to heal the deep divisions that exist in our communities."
  • "I have come under enormous pressure both to resign and to remain in my current position. As a patriotic American, I am reluctant to leave my post... But I also feel compelled to voice my distress over the events of the last two weeks... Citizens standing up for equality and freedom can never be equated with white supremacists, neo-Nazis, and the KKK."

From Axios' Jonathan Swan: Trump soured on Rex a while ago, and he's got few if any friends inside the White House. This surely won't help.

Our thought bubble: Trump's administration has been portrayed as a battle between nationalists and globalists. The nationalists are out of favor now that John Kelly is running the show, with Steve Bannon resigning, Sebastian Gorka being forced out, and H.R. McMaster cleaning house on that National Security Council. But the globalists, like Tillerson and Cohn, are putting themselves at risk by publicly criticizing Trump — though speculation is growing that they may leave of their own volition.

Go deeper

3 hours ago - Politics & Policy

Inhofe loudly sets Trump straight on defense bill

Sen. Jim Inhofe speaks with reporters in the Capitol last month. Photo: Samuel Corum/Getty Images

Senator Jim Inhofe told President Trump today he'll likely fail to get two big wishes in pending defense spending legislation, bellowing into his cellphone: "This is the only chance to get our bill passed," a source who overheard part of their conversation tells Axios.

Why it matters: Republicans are ready to test whether Trump's threats of vetoing the bill, which has passed every year for more than half a century, are empty.

Conspiracy theories blow back on Trump's White House

Sidney Powell. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

President Trump has rarely met a conspiracy theory he doesn't like, but he and other Republicans now worry the wild tales told by lawyers Sidney Powell and Lin Wood may cost them in Georgia's Senate special elections.

Why it matters: The two are telling Georgians not to vote for Republicans David Perdue and Kelly Loeffler because of a bizarre, baseless and potentially self-defeating theory: It's not worth voting because the Chinese Communist Party has rigged the voting machines.

3 hours ago - Politics & Policy

Bolton lauds Barr for standing up to Trump

John Bolton. Photo: Jabin Botsford/The Washington Post via Getty Images

John Bolton says Attorney General Bill Barr has done more to undercut President Trump's baseless assertions about Democrats stealing the election than most Senate Republicans by saying publicly that the Justice Department has yet to see widespread fraud that could change the election's outcome.

What he's saying: “He stood up and did the right thing," Bolton said in a Wednesday phone interview.