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Pablo Martinez Monsivais / AP

What doesn't really matter:

  1. Trump tweeting two months in advance that he'll skip the White House Correspondents' Association dinner April 29. It's a fine night in a crammed room with episodic humor and celebrity sightings, with scholarships awarded to journalism students who have contagious enthusiasm and idealism. In the scheme of things, the president's presence doesn't make or break it.
  2. Spicer cherry-picking media orgs for briefings. The briefings are marginally useful at best (transcript here of what the excluded reporters missed), and a terrific waste of time at worst. Twitter will tell you anything of substance that happened. So the time is better spent working the phones.

What really does matter:

  1. The double-barreled shots by Trump and Bannon at CPAC. Bannon: "If you think they're going to give you your country back without a fight, you are sadly mistaken. ... [E]very day, it is going to be a fight."
  2. "Wary of Trump unpredictability, China ramps up naval abilities," from Reuters: "The PLA Navy is likely to secure significant new funding in China's upcoming defense budget as Beijing seeks to check U.S. dominance of the high seas and step up its own projection of power around the globe."
  3. Republican "Rep. Darrell Issa [told Bill Maher] that a special prosecutor should be tapped to investigate Russian interference in the 2016 election, a stance that mirrors the calls of congressional Democrats to sideline the U.S attorney general from such inquiries."

Meanwhile, in the new NBC/ WSJ poll, Trump hits record low for a new president: 44% approve, 48% disapprove.

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Go deeper

Updated 4 hours ago - World

Mexican President López Obrador tests positive for coronavirus

Mexico's President Andrés Manuel López Obrador during a press conference at National Palace in Mexico City, Mexico, on Wednesday. Photo: Ismael Rosas/Eyepix Group/Barcroft Media via Getty Images

Mexican President Andrés Manuel López Obrador announced Sunday evening that he's tested positive for COVID-19.

Driving the news: López Obrador tweeted that he has mild symptoms and is receiving medical treatment. "As always, I am optimistic," he added. "We will all move forward."

4 hours ago - Politics & Policy

Sarah Huckabee Sanders to run for governor of Arkansas

Sarah Huckabee Sanders at FOX News' studios in New York City in 2019. Photo: Steven Ferdman/Getty Images

Former White House press secretary Sarah Huckabee Sanders will announce Monday that she's running for governor of Arkansas.

The big picture: Sanders was touted as a contender after it was announced she was leaving the Trump administration in June 2019. Then-President Trump tweeted he hoped she would run for governor, adding "she would be fantastic." Sanders is "seen as leader in the polls" in the Republican state, notes the Washington Post's Josh Dawsey, who first reported the news.

Coronavirus has inflamed global inequality

Illustration: Aïda Amer/Axios

History will likely remember the pandemic as the "first time since records began that inequality rose in virtually every country on earth at the same time." That's the verdict from Oxfam's inequality report covering the year 2020 — a terrible year that hit the poorest, hardest across the planet.

Why it matters: The world's poorest were already in a race against time, facing down an existential risk in the form of global climate change. The coronavirus pandemic could set global poverty reduction back as much as a full decade, according to the World Bank.

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