Sep 20, 2017

National Review: Manafort's legal troubles might not lead to Trump

Manafort appears on stage ahead of Republican presidential candidate Donald Trump, June, 2016. Photo: Mary Altaffer / AP

We now know that Trump's former campaign chairman, Paul Manafort, was wiretapped under orders from the Obama administration and that the FBI has raided his home as part of the special counsel probe of Russian interference in the election. National Review's Andrew C. McCarthy points out these are two very different issues, none of which necessarily spells certain trouble for Trump.

  • The residence raid is part of the Mueller criminal investigation.
  • The FISA wiretapping was part of an effort to understand the behaviors of a foreign power by monitoring one of its suspected agents.

Bottom line, as McCarthy writes: "Paul Manafort appears to be in serious jeopardy, but any suspected criminality may involve matters having nothing to do with President Trump…It has never necessarily followed that legal trouble for Manafort is legal trouble for Trump — even if it does portend tremendous political trouble for the Trump administration."

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8 a.m. ET: 6,294,222 — Total deaths: 376,077 — Total recoveries — 2,711,241Map.
  2. U.S.: Total confirmed cases as of 8 a.m. ET: 1,811,277 — Total deaths: 105,147 — Total recoveries: 458,231 — Total tested: 17,340,682Map.
  3. Public health: Nearly 26,000 coronavirus deaths in nursing homes have been reported to federal health officials —Coronavirus looms over George Floyd protests across the country.
  4. Federal government: Trump lashes out at governors, calls for National Guard to "dominate" streets.
  5. World: Former FDA commissioner says "this is not the time" to cut ties with WHO.
  6. 🎧 Podcast: The virus didn't go away.

More than 1 in 6 black workers lost jobs between February and April

Adapted from EPI analysis of Bureau of Labor Statistics data; Chart: Andrew Witherspoon/Axios

As is often the case, the staggering job losses in the coronavirus-driven recession have been worse for black workers.

By the numbers: According to a report from the Economic Policy Institute, titled "Racism and economic inequality have predisposed black workers to be most hurt by coronavirus pandemic," more than 1 in 6 black workers lost their jobs between February and April.

Coronavirus could lower GDP by $15.7 trillion

Reproduced from Congressional Budget Office; Chart: Axios Visuals

The CBO released projections on Monday for U.S. nominal GDP to be lower by $15.7 trillion over the next decade than its estimate in January as a result of the coronavirus pandemic.

What they're saying: It predicts that when adjusted for inflation GDP will be $7.9 trillion lower over the next decade and down by $790 billion in the second quarter of this year — a 37.7% quarterly contraction.