Adult-film actress Stephanie Clifford, also known as Stormy Daniels. Photo: Hector Retamal /AFP/Getty Images

A federal judge in California tossed out adult film actress Stormy Daniel's lawsuit on Thursday against President Trump to invalidate the $130,000 nondisclosure agreement she signed in Oct. 2016 demanding she keep quiet about her alleged affair with Trump ahead of the 2016 election.

Details: U.S. District Court Judge S. James Otero said the case should be sent back to the California Superior Court where it was initially filed, and that it "lacks subject matter jurisdiction," CNN reported.

The backdrop: Former Trump attorney Michael Cohen, who set up the payment, admitted in federal court that Daniels received the money in exchange for her silence. But Trump denied the alleged 2006 affair.

  • As the case played out in court, Cohen and Trump agreed with Daniels that the nondisclosure agreement would not be enforced. However, Daniels and her attorney, Michael Avenatti, asked the court to rule that the agreement was illegal. They also sought legal fees in the case and a sworn testimony from Trump and Cohen.

What they're saying: Avenatti declared victory in a tweet Thursday night, saying that by dismissing the case, the judge eventually gave his client "everything she asked for in the lawsuit — she won." But he didn't mention the broader goal of the case.

  • Daniels tweeted: "More than a year ago when I was being threatened with a 20 million lawsuit, I asked a judge to toss out this illegal NDA. Glad I stood my ground & kept fighting."
  • Trump attorney Charles Harder called Otero's ruling a "total victory" for the president, per the AP.

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Scoop: Lawmakers tee up hearing with academics ahead of antitrust report

Big Tech CEOs testify before the House Judiciary antitrust panel in June. Photo: Mandel Ngan/Pool/AFP via Getty Images.

Mostly academics will be testifying at Thursday's House Judiciary antitrust subcommittee hearing which will reveal where its year-long investigation into big tech and competition is going, a source familiar with the matter told Axios.

Why it matters: The hearing is the next step following testimony from Facebook's Mark Zuckerberg, Google's Sundar Pichai, Amazon's Jeff Bezos and Apple's Tim Cook before the committee in July. A showing of academics and think-tank types signals the lawmakers are still sorting out competition theories and possible legislative fixes to perceived antitrust abuses.

Biden releases 2019 tax returns ahead of debate

Photo: Alex Wong/Getty Images

Joe Biden's campaign released his 2019 tax returns on Tuesday, showing that he and his wife, Jill, paid nearly $300,000 in federal taxes last year.

Why it matters: The release, timed just hours before the first presidential debate, comes days after a bombshell New York Times report said that President Trump paid only $750 in federal taxes in 2016 and 2017. Biden's team is hoping to make the tax contrast a sticking point during their showdown.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2:15 p.m. ET: 33,454,037 — Total deaths: 1,003,571 — Total recoveries: 23,204,219Map.
  2. U.S.: Total confirmed cases as of 2:15 p.m. ET: 7,165,067 — Total deaths: 205,476 — Total recoveries: 2,794,608 — Total tests: 102,342,416Map.
  3. Health: Americans won't take Trump's word on the vaccine, Axios-Ipsos poll finds.
  4. States: NYC's coronavirus positivity rate spikes to highest since June.
  5. Sports: Tennessee Titans close facility amid NFL's first coronavirus outbreak.
  6. World: U.K. beats previous record for new coronavirus cases.