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Hunter Biden at the World Food Program USA's Annual McGovern-Dole Leadership Award Ceremony in April 2016. Photo: Teresa Kroeger/Getty Images for World Food Program USA

Hunter Biden is scheduled to speak at the Democratic National Convention on Thursday night, during the curtain-raiser to his father's high-profile acceptance speech as the Democratic nominee.

Why it matters: Trump and his allies have sought to exploit the controversy over Hunter Biden's paid board position at Ukrainian gas company Burisma — held while his father was the Obama administration's point man on Ukraine — to damage Joe Biden.

  • Trump's efforts to pressure the Ukrainian government to investigate the Bidens culminated in his impeachment and subsequent acquittal in the Senate.
  • Hunter will speak with his sister, Ashley Biden, to tell DNC audience members about their father.

Reality check: Hunter’s role with Ukrainian energy company Burisma did raise conflict-of-interest concerns at the time. But there is no evidence that the former vice president committed "corruption" of any kind in the country while his son worked at Burisma, as Trump and his allies have claimed.

What to watch: People close to President Trump told Axios' Alayna Treene in March that Trumpworld planned to hit Biden hard with attacks over the controversy involving his son if he gained front-runner status.

Go deeper

Updated Dec 7, 2020 - Politics & Policy

The top Republicans who have acknowledged Biden as president-elect

Photo: Tasos Katopodis/Getty Images

Some elected Republicans are breaking ranks with President Trump to acknowledge that President-elect Biden won the 2020 presidential election.

Why it matters: The relative sparsity of acknowledgements highlights Trump's lasting power in the GOP, as his campaign moves to file multiple lawsuits alleging voter fraud in key swing states — despite the fact that there have been no credible allegations of any widespread fraud anywhere in the U.S.

US cites Ukrainian oligarch Kolomoyskyy for involvement "in significant corruption"

State Secretary Antony Blinken on Friday designated former Ukrainian public official Ihor Kolomoyskyy as an individual involved "in significant corruption."

Why it matters: The designation prohibits Kolomoysky and his immediate family from traveling to the U.S. and signals that the Biden administration will help Ukrainian President Volodymyr Zelensky in his fight against oligarchs and entrenched corruption. U.S. authorities view Kolomoyskyy as among the most powerful of the oligarchs.

U.S. economy added 379,000 jobs in February

Data: FRED; Chart: Axios Visuals

The economy added 379,000 jobs in February, while the unemployment rate dropped from 6.3% to 6.2%, the Labor Department said on Friday.

Why it matters: The first Biden-era jobs report shows hiring surged as coronavirus cases eased — though a full recovery remains far off. Economists expected the economy to add roughly 182,000 jobs last month, after adding a paltry 49,000 in January.

This story is breaking news. Please check back for updates.