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Matt Rourke / AP

The FBI's pre-dawn raid on Paul Manafort's home in Alexandria, Va., makes it look like the special counsel is trying to:

  1. Squeeze the former Trump campaign chairman to cooperate against others.
  2. Send a message to others that they better cooperate if they want to avoid humiliation.

As John Heilemann told Lawrence O'Donnell on MSNBC: "What Robert Mueller is doing right now is turning up the crank ... There are two guys who could be the prime people who could flip on Donald Trump, on the Trump family: Paul Manafort and Michael Flynn."

"We are now moving into the next phase, which is: 'We see what the case is. We're now gonna try to go in and lock this case down.' And they're moving faster than I think anybody thought."

The deets from the WashPost's Carol Leonnig, Tom Hamburger and Roz Helderman:

  • "Using a search warrant, agents appeared [July 26,] the day Manafort was scheduled to testify before the Senate Judiciary Committee and a day after he met voluntarily with Senate Intelligence Committee staff members."
  • "The search warrant requested documents related to tax, banking and other matters. People familiar with the search said agents departed the Manafort residence with a trove of material, including binders prepared ahead of Manafort's congressional testimony."
  • "Manafort's allies fear that Mueller hopes to build a case against Manafort unrelated to the 2016 campaign, in hopes that he would provide information against others in Trump's inner circle in exchange for lessening his legal exposure."

Go deeper

2021 economy boomed at fastest rate in 37 years

Source: Bureau of Economic Analysis

The U.S. economy surged ahead with a 6.9% annual growth rate in the final months of 2021 and achieved the strongest growth over an entire calendar year since 1984.

Driving the news: New GDP numbers from the Commerce Department show a remarkable acceleration in economic activity, much faster than the 5.3% growth rate analysts expected.

The Fed isn't the only problem investors are worried about

Illustration: Aïda Amer/Axios

The Federal Reserve will be raising rates, just as the economy is slowing. The markets hate that.

Why it matters: The ugly start to the stock trading year doesn't just reflect Fed-induced agita — investors are also worried about a growth slowdown.

2 hours ago - Health

White House says Obamacare sign-ups hit record

Health and Human Services Secretary Xavier Becerra speaking in the White House in December 2021. Photo: Jim Watson/AFP via Getty Images

The White House said Thursday that a record 14.5 million Americans have signed up for health insurance through Obamacare marketplaces since Nov. 1, including more than 10 million enrollments through HealthCare.gov.

Why it matters: Last year's stimulus bill contained substantial investments in the program, including increased subsidies for people who don't receive health insurance from an employer or through Medicare or Medicaid.