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President Trump at a press conference with South Korean President Moon Jae-in in Seoul. Photo: Jung Yeon-je / Pool via AP

President Trump took on a noticeably different tone regarding North Korea during a joint press conference with South Korean President Moon Jae-in in Seoul today, telling reporters, "I really believe that it makes sense for North Korea to come to the table and to make a deal that's good for the people of North Korea and the people of the world."

Why it matters: Trump had famously called for unleashing "fire and fury" against the North Korean regime earlier this year, so it's notable that his rhetoric is much more softened when he's just a few miles from the DMZ.

More from the presser:

  • In keeping with his shift in tone, Trump didn't use his preferred nickname for North Korean leader Kim Jong-un: "Little Rocket Man."
  • While listing the U.S. military assets in the region, including aircraft carriers and nuclear submarines, Trump stated, "We hope to God we never have to use [them]."
  • Moon also signaled that he wanted the trip to open Trump's eyes, saying, "I hope that your visit…will serve as an opportunity to relieve some of the anxiety that the Korean people have due to North Korea's provocations and also serve as a turning point in resolving the North Korean nuclear issue."

Go deeper

Scoop: Former OMB director to set up Pro-Trump think tanks

OMB Director Russ Vought parfticipates in a photo-op for the printing of President Donald Trumps budget for Fiscal Year 2020 at the Government Publishing Office in Washington on Thursday, March 7, 2019. (Photo By Bill Clark/CQ Roll Call)

Russ Vought, who led Donald Trump's Office of Management and Budget, plans to announce two pro-Trump organizations Tuesday, aiming to provide the ideological ammunition to sustain Trump's political movement after his departure from the White House.

Why it matters: The Center for American Restoration and an advocacy arm, America Restoration Action, will try to keep cultural issues that animated Trump’s presidency on the public agenda, according to people familiar with the matter.

Janet Yellen confirmed as Treasury secretary

Janet Yellen. Photo: Alex Wong/Getty Images

The Senate voted 84-15 to confirm Janet Yellen as Treasury secretary on Monday.

Why it matters: Yellen is the first woman to serve as Treasury secretary, a Cabinet position that will be crucial in helping steer the country out of the pandemic-induced economic crisis.

Dan Primack, author of Pro Rata
4 hours 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.