Sign up for our daily briefing

Make your busy days simpler with the Axios AM and PM newsletters. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to the Axios Closer newsletter for insights into the day’s business news and trends and why they matter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with the Axios Sports newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with the Axios Des Moines newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with the Axios Tampa Bay newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Pete Marovich / Getty Images

Andrew McCabe says President Trump asked him: “What was it like when your wife lost? ... So tell me, what was it like to lose?" McCabe — the former FBI deputy director who was fired Friday night, 26 hours short of being eligible for a full pension — says that in three or four interactions, President Trump was disparaging each time of his wife, Dr. Jill McCabe, a failed Virginia state Senate candidate in 2015. John Dowd, a Trump lawyer, told me: "I am told that the P never made that statement according to two others who were present."

The big picture: Axios has learned that McCabe has met with special counsel Robert Mueller, and has turned over Comey-style memos documenting his conversations with Trump. The memos include corroboration by McCabe of former FBI Director James Comey's account of his own firing by Trump.

The McCabe memos are helping fuel a possible constitutional crisis, with the White House turning up the heat on Mueller as Trump's exposure increases:

  • Dowd, the Trump lawyer, said in a statement first reported by The Daily Beast: "I pray that Acting [in this case] Attorney General Rosenstein will follow the brilliant and courageous example of the FBI Office of Professional Responsibility and Attorney General Jeff Sessions and bring an end to alleged Russia Collusion investigation manufactured by McCabe’s boss James Comey based upon a fraudulent and corrupt Dossier."
  • Dowd added in an email to me: "Just end it on the merits in light of recent revelations."
  • Dowd tells me Trump called him after seeing reports about the statement: "He thought it was all right. He didn’t have any problem."
  • Dowd told me in a phone conversation: "It’s nothing against Bob [Mueller] — I get along with Bob very well. ... Bob knows my view that there’s nothing there. ... On St. Patrick's Day, can't an old Marine make a prayer? No big deal."
  • In his email to The Daily Beast's Betsy Woodruff, Dowd wrote, in what she called "an annotated version of a line from a well-known 20th-century play": " What’s that smell in this room[Bureau}? Didn’t you notice it, Brick [Jim]? Didn’t you notice a powerful and obnoxious odor of mendacity in this room[Bureau}?... There ain’t nothin’ more powerful than the odor of mendacity[corruption]... You can smell it. It smells like death. Tennessee Williams- Cat on a Hot Tin Roof."

Trump v. Comey ... Both sides are getting personal:

  • President Trump, this morning: "Wow, watch Comey lie under oath to Senator G when asked 'have you ever been an anonymous source...or known someone else to be an anonymous source...?' He said strongly 'never, no.' He lied as shown clearly on @foxandfriends."
  • Trump earlier: "Andrew McCabe FIRED, a great day for the hard working men and women of the FBI - A great day for Democracy. Sanctimonious James Comey was his boss and made McCabe look like a choirboy. He knew all about the lies and corruption going on at the highest levels of the FBI!"
  • James Comey, whose book, "A Higher Loyalty," is out in 30 days: "Mr. President, the American people will hear my story very soon. And they can judge for themselves who is honorable and who is not."

Be smart, from Jonathan Swan: On this issue, Trump is dug in and angry. He views the leadership of the FBI as arrayed against him. And that red line he drew in the interview with the N.Y. Times last year — where he said he wouldn’t stand for Mueller prying into his family finances — still stands. 

  • One crucial variable in all this is Fox News. Trump feeds off the moods of his favorite hosts. If Sean Hannity and Judge Jeanine Pirro turn it up a notch, saying the deep state is out to get him and Mueller is out of control, there’s no telling what Trump will do.

Breaking ... Sen. Marco Rubio (R-Fla.) tells Chuck Todd on NBC's "Meet the Press" that McCabe "should've been allowed to finish through the weekend.”

  • Rep. Adam Schiff, top Democrat on House Intelligence, discussed McCabe's firing with George Stephanopoulos on ABC’s "This Week": "His firing may be justified — there’s no way for us to know at this point. But even though it may have been justified, it can also be tainted."

Editor's note: This story was updated to reflect the proper wording in the alleged quote from President Trump about Jill McCabe.

Not a valid email format.
Not a valid email format.
Server error. Please try a different email.
Not a valid email format.
Not a valid email format.
Server error. Please try a different email.
Not a valid email format.
Not a valid email format.
Server error. Please try a different email.
Not a valid email format.
Not a valid email format.
Server error. Please try a different email.
Not a valid email format.
Not a valid email format.
Server error. Please try a different email.

Go deeper

9 mins ago - Technology

3D printing's next act: big metal objects

Chief Scientist Andy Bayramian makes modifications to the laser system on Seurat's 3D metal printer. Photo courtesy of Seurat Technologies.

A new metal 3D printing technology could revolutionize the way large industrial products like planes and cars are made, reducing the cost and carbon footprint of mass manufacturing.

Why it matters: 3D printing — also called additive manufacturing — has been used since the 1980s to make small plastic parts and prototypes. Metal printing is newer, and the challenge has been figuring out how to make things like large car parts faster and cheaper than traditional methods.

Rising rates may hammer the stock market

Illustration: Sarah Grillo / Axios

Stocks are much more vulnerable to interest rate swings than they used to be.

Why it matters: A sharp rise in rates in early 2022 is the key reason the stock market is off to an ugly start. And with the Federal Reserve making noise about trying to keep inflation in check, rates could go higher.

Ina Fried, author of Login
54 mins ago - Technology

Microsoft's Activision Blizzard deal complicates Big Tech regulation

Illustration: Megan Robinson/Axios

Microsoft's surprise $68 billion deal to buy Activision Blizzard is adding a fresh twist to the heated debate over which tech companies have monopolies that need to be reined in.

The big picture: The deal could force a question the company has happily ducked for a decade: whether its size and power make it just as deserving of regulatory scrutiny as its Big Tech rivals.