As President Trump catches heat for his Fourth of July celebration, set to include tanks, aircraft demonstrations and a primetime speech, it's worth looking back at how previous presidents spent the holiday.

1986: President Ronald Raegan and First Lady Nancy Raegan watching the start of Op Sail from Governor's Island in New York Harbor.

Photo: Ira Schwarz/AP

1990: President George H.W. Bush checking his bandaged hand while golfing at the Cape Arundel Golf Club.

Photo: Ron Edmonds/AP

1996: President Bill Clinton watching a bald eagle take flight during a ceremony at the Patuxent Naval Air Station.

Photo: Denis Paquin/AP

2007: President George W. Bush on a visit to the West Virginia National Guard 167th Airlift Wing.

Photo: Denis Paquin/AP

2014: President Barack Obama and First Lady Michelle Obama meeting military families on the grounds of the White House.

Photo: Charles Dharapak/AP

Go deeper: Cost of Trump's July 4 event: TBD

Subscribe to Axios AM/PM for a daily rundown of what's new and why it matters, directly from Mike Allen.
Please enter a valid email.
Please enter a valid email.
Server error. Please try a different email.
Subscribed! Look for Axios AM and PM in your inbox tomorrow or read the latest Axios AM now.

Go deeper

Dion Rabouin, author of Markets
19 mins ago - Economy & Business

Investors have nowhere to hide

Photo: Jeenah Moon/Getty Images

The massive losses in oil prices and U.S. and European equities were not countered by gains in traditional safe-haven assets on Wednesday.

Why it matters: The unusual movement in typical hedging tools like bonds, precious metals and currencies means they are not providing investors an asset that will appreciate in the event of a major equity selloff.

Kendall Baker, author of Sports
23 mins ago - Sports

A look inside sports owners' political donations

Data: ESPN/FiveThirtyEight; Chart: Axios Visuals

Sports team owners in the four largest North American leagues (NFL, NBA, MLB, NHL) have donated over $46 million in federal elections since 2015, according to research conducted by ESPN and FiveThirtyEight.

By the numbers: Over the past three elections, $35.7 million of that money (77.4%) has gone to Republican campaigns and super PACs, compared to $10.4 million (22.6%) to Democrats.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — Fauci says U.S. may not return to normal until 2022
  2. Politics: Space Force's No. 2 general tests positive for coronavirus
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases
  4. Europe faces "stronger and deadlier" wave France imposes lockdown Germany to close bars and restaurants for a month.
  5. Sports: Boston Marathon delayed MLB to investigate Dodgers player who joined celebration after positive COVID test.