FiveThirtyEight founder Nate Silver said on ABC's "This Week" that while President Trump's reelection bid is "clearly in trouble" due to his dismal coronavirus approval ratings and polling in swing states, he does not believe the president's "fate is sealed."

Why it matters: There are 100 days until the election and the warning signs are flashing bright red for Trump. Eight in 10 Americans said in an AP-NORC poll released Sunday that the country is heading in the wrong direction — more than at any other point during Trump's presidency.

The big picture: That same poll found that just 32% support Trump's handling of the coronavirus pandemic, including only 68% of Republicans. But as Silver points out, a major breakthrough in the vaccine race or a sudden economic recovery could change the situation.

What he's saying: "We found historically that when there are lots of major news events and economic disruptions, an election becomes harder to predict," Silver said.

  • "So while he's clearly in trouble, I do not buy that Trump's fate is sealed. A lot could change in the next 100 days — things could get worse, still, for the president.
  • "But a turnaround in the COVID situation by the fall could make the election more competitive."

Go deeper: The blue wave threatening to crush Trump's re-election keeps growing

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Poll: Large majorities support Biden over Trump on major policy issues

Illustration: Eniola Odetunde/Axios

As Election Day gets closer, Joe Biden leads President Trump by sizable margins on the major issues of the day, according to a national poll by The New York Times and Siena College.

Why it matters: With only two weeks to go before election day, there's little time for Trump make up the gap between he and Biden on the issues voters care deeply about. These include a new multi-trillion dollar stimulus program, mandatory mask-wearing, and a $2 trillion renewable energy package. Voters are also now evenly split on who will better manage the economy — a blow to Trump as he's led on the issue for much of the campaign.

Republican senators defend Fauci as Trump escalates attacks

Photo: Roberto Schmidt/AFP via Getty Images

Several Republican senators defended Anthony Fauci after a string of attacks in recent days from President Trump, who has called the government's top infectious-disease expert "a disaster" and claimed without evidence that he's a Democrat.

Why it matters: As polls indicate warning signs for both Trump and down-ballot Republicans, more GOP leaders are urging the president to stop downplaying the pandemic and listen to advice from public health experts. Fauci is one of the most trusted voices in the country on coronavirus issues.

Updated 22 hours ago - Politics & Policy

Trump campaign reports shrinking cash haul to FEC

President Trump during a campaign rally at the Erie International Airport on Wednesday in Erie, Pa. Photo: Noah Riffe/Anadolu Agency via Getty Images

President Trump's re-election campaign had $63.1 million in the bank by the end of September after spending some $139 million that month, filings to the Federal Election Commission Tuesday night show.

Why it matters: The Trump campaign reported having $121 million in cash and $900,000 in debts the previous month. Trump's campaign and the shared Republican committees had just over $251 million at the start of October.