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Photo: Jabin Botsford/The Washington Post via Getty Images

Rudy Giuliani called President Trump this week to say he was joking when he told reporters that he has "insurance" if the president "throws him under the bus," Giuliani's attorney told Reuters.

Why it matters: Giuliani is a central figure in the impeachment inquiry against Trump and has publicly said that he pushed for investigations in Ukraine with Trump's knowledge. Amid new revelations that federal prosecutors are now investigating Giuliani's activities in Ukraine, Trump has denied sending him to Ukraine to dig up dirt on his political opponents.

What they're saying: Giuliani's attorney Robert Costello told Reuters: "He shouldn’t joke, he is not a funny guy. I told him, 'Ten thousand comedians are out of work, and you make a joke. It doesn’t work that way.'"

  • Giuliani already said he was being sarcastic in making the comment, and Trump has dismissed the remarks.
  • "[Costello] said Giuliani 'at my insistence' had called Trump 'within the last day' to emphasize that he had not been serious when he said he had an 'insurance policy, if thrown under the bus,'" Reuters notes.

Go deeper:

Go deeper

Dan Primack, author of Pro Rata
41 mins ago - Economy & Business

Scoop: Red Sox strike out on deal to go public

Illustration: Sarah Grillo/Axios

The parent company of the Boston Red Sox and Liverpool F.C. has ended talks to sell a minority ownership stake to RedBall Acquisition, a SPAC formed by longtime baseball executive Billy Beane and investor Gerry Cardinale, Axios has learned from multiple sources. An alternative investment, structured more like private equity, remains possible.

Why it matters: Red Sox fans won't be able to buy stock in the team any time soon.

Trump political team disavows "Patriot Party" groups

Marine One carries President Trump away from the White House on Inauguration Day. Photo: Patrick Smith/Getty Images

Donald Trump's still-active presidential campaign committee officially disavowed political groups affiliated with the nascent "Patriot Party" on Monday.

Why it matters: Trump briefly floated the possibility of creating a new political party to compete with the GOP — with him at the helm. But others have formed their own "Patriot Party" entities during the past week, and Trump's team wants to make clear it has nothing to do with them.