Join me TOMORROW for Treasury Secretary Steve Mnuchin's first onstage interview, at 8 a.m. in downtown D.C. Click here to RSVP. This is the debut of my News Shapers event series, sponsored by PepsiCo and their Quaker, Tropicana and Naked nutrition brands. Shoot me your questions at email@example.com.
Follow the health-care cliff all day in the Axios STREAM. As Axios Editor Nick Johnston (@AxiosNick) tweeted yesterday: "we've literally built a new media company to help you out on days like today."
In an interview out this morning, President Trump tells TIME Washington Bureau Chief Michael Scherer, in response to a question about the risk to his reputation caused by false and ever-changing utterances: "Hey, look, I can't be doing so badly, because I'm President and you're not."
That "My Way" approach is part of the reason the Russia story has been festering, and now is erupting.
Health-care reform will be dead and born again many times before its true fate is sealed. That's how complicated legislation works.
But the Russia story
is going from fishy, to career-ending (Manafort, Flynn), to investigation-worthy, to FBI criminal probe, to a wide, Watergate-like scandal that could bring all of government to a halt:
If you read only 1 paragraph ... Watergate was a coverup of a burglary. This could be the coverup of a nuclear-armed U.S. nemesis that infiltrated our politics with the specific aim of disrupting the very foundation of our democracy — a presidential election — and did so, possibly, in a manner that elected its preferred candidate and locked in all party control that could decimate the opposition party for years.
Bulletin ... APNewsAlert at 6 a.m., "US probes banking of ex-Trump campaign chief": "Treasury Department agents have recently obtained information about offshore financial transactions involving President Donald Trump's former campaign chairman."
"[T]he information about Paul Manafort's transactions was turned over earlier this year to U.S. agents working in the Treasury Department's Financial Crimes Enforcement Network."
After a day of surprises, CNN popped the biggest one at 8 p.m.: "The FBI has information that indicates associates of ... Trump communicated with suspected Russian operatives to possibly coordinate the release of information damaging to Hillary Clinton's campaign," per CNN's Pamela Brown, Evan Perez and Shimon Prokupecz.
Yesterday's events will increase pressure for independent commission ... Nick Kristof column in N.Y. Times, "'A Smell of Treason in the Air,'" postulates "soft collusion": "The fundamental question now isn't about Trump's lies, or intelligence leaks, or inadvertent collection of Trump communications. Rather, the crucial question is as monumental as it is simple: Was there treason?"
The White House, short of votes with time running out, worked into the night trying to cut a deal with conservatives before tonight's wild House vote on Obamacare:
The Sunday shows foretold ... "Trump's awkward alliance with Ryan faces biggest test," by L.A. Times' Noah Bierman and Mike Memoli: "Ryan has learned that his wonky style of communication is wasted on Trump given the president's lack of interest in policy details, [former GOP leadership aide Michael] Steel said. But he has come to value Trump's eagerness to exert pressure on wavering Republicans."
Missed opportunity ... George Will's column in the WashPost points out that "whatever replaces the ACA's tapestry of subsidies, regulations and mandates will be a tapestry of subsidies, regulations and mandates ... hardly ... a revolution in the relation of the citizen, or the health-care sector, to the government."
"Investors extrapolated that a stalling bill could mean uphill battles for other Trump proposals," per Reuters' Megan Davies and Rodrigo Campos in N.Y:
Breaking ... "Seven held after Westminster attack" — BBC/London: "Defence Secretary Sir Michael Fallon told BBC Radio 4's Today programme the 'working assumption' was that the attack was linked to 'Islamic terrorism in some form.'"
The Guardian: "Seven arrested in six counter-terrorism raids in London, Birmingham and elsewhere."
TIME's new cover, "Is Truth Dead?," echoes the typography of TIME's classic "Is God Dead?" cover from April 8, 1966. In a phone interview from the Oval on March 22, Trump told TIME's Michael Scherer:
This could cost Google "hundreds of millions of dollars" ... Wall Street Journal, bottom of front page, "AT&T, Verizon Pull Ads From Google Over 'Hate' Videos: Carriers also aim to compete with Google for ad dollars":
Sen. John McCain to Greta Van Susteren: "China is ... the only one that can control Kim Jong Un, this crazy fat kid that's running North Korea." (Video)
"[A]uto parts workers in the American South are poorly paid, barely trained, not protected by unions, and under relentless pressure to produce," according to a Bloomberg Businessweek cover story by Peter Waldman, "Inside Alabama's Auto Jobs Boom: Cheap Wages, Little Training, Crushed Limbs."
Instant classic: A video mashup of Sean Spicer scolding and cajoling ABC's Jonathan Karl during their daily sparring session in the briefing room, brought to life by Axios' Rob Groulx, Bubba Atkinson, Stef Kight and Eli Sinkus.
P.S. "It's Not Your Imagination: There are Loads of Jalens in College Basketball" — Wall Street Journal A-Hed: "[T]housands of babies born during the 1990s heyday of Jalen Rose, the 'Fab Five' University of Michigan star, ... are reaching adulthood. This year there are 65 Jalens, Jaylens, Jaylans and other versions ... on Division I basketball teams, up from 58 last year. Six years ago, there were just four."