Good Thursday morning. Catch my live interviews with Ivanka Trump and EY (Ernst & Young) CEO Mark Weinberger at 8 a.m. on C-SPAN 2, with live updates on Axios.com.
☕️ Situational awareness: Starbucks strikes a partnership with Alibaba, the Amazon of China, for a bigger digital and physical presence in the world's most populous country.
While many of us have been distracted by Rudy Giuliani's latest legal theories — and President Trump’s latest tweets — the Trump administration is making two big moves that will get him closer to his goal of erasing President Obama's biggest policies, Axios' Amy Harder, Sam Baker and Jonathan Swan report:
Why it matters: This is being done through rulemaking, which gets the attention of health care and environmental reporters, yet flies under the radar of the cable news networks. These moves have huge, long-term consequences — and they show how easily Trump can achieve his policy goals while the TV cameras are focused on the outrage of the day.
The details on the fuel rollback, from energy columnist Amy Harder:
The details on the health care rule, from health care editor Sam Baker:
This isn’t the only swipe the Trump administration has taken against Obama's health care law since the repeal effort failed:
The bottom line: There's a lot that the agencies can do to wipe out Obama's legacy on their own — and they’re making full use of the space that Trump's rhetorical battles are giving them.
President Trump made 4,229 false or misleading claims during his first 558 days in office— an average of nearly 7.6 Trumpian claims a day, according to the WashPost's Fact Checker.
"[T]he average number of claims per day keeps climbing the longer Trump stays in office":
"For two weeks — maybe over your August vacation — resolve not to read, watch or listen to anything about politics," Arthur Brooks, president of the American Enterprise Institute, writes in a N.Y. Times Op-Ed:
The objection: "If I tune out politics, I may be happier, but it’s irresponsible. The fascists [Brooks' conservative friends say 'communists'] will run across the country with abandon."
In Pearl Harbor, Hawaii, military members carry transfer cases from a C-17 at a ceremony yesterday marking the arrival of the remains believed to be of American service members, handed over by North Korea last week.
Families that have been waiting for 65 years or more will have to wait longer, the N.Y. Times' Dave Philipps reports:
"Projected trillion-dollar federal deficits are prompting the U.S. Treasury to increase its borrowing substantially, which could restrain a fast-growing economy as the cost of credit also rises," The Wall Street Journal's Josh Zumbrun and Daniel Kruger report (subscription):
How it happened: "Deficits are rising in part because spending has been ramped up and in part because corporate and individual tax rates were cut last year."
In this photo from President Trump's rally in Tampa on Tuesday, CNN's Jim Acosta tries to hear out attendees who had been shouting at him: "CNN sucks!"
Trump supporters, stoked by hostile rhetoric, are lashing out at reporters at rally after rally, the N.Y. Times Michael Grynbaum writes:
N.Y. Times' Mark Mazzetti and Katie Benner:
Runner-up, from a report by the N.Y. Times' Mike Schmidt and Maggie Haberman that Trump, against his lawyers' advice, is once again pushing for an interview with Mueller:
President Trump tweeted yesterday:
The background, from AP's Don Babwin in Chicago: "Capone [was] a bootlegger during the Prohibition Era in the 1920s and 1930s who was willing to ruthlessly kill his rivals — or at least have his men pull the trigger. A federal judge has noted that Manafort has not been charged with any crime of violence."
Personalized political mass-texting is the breakout tech of 2018, the N.Y. Times' Kevin Roose writes:
"America’s Long Love Affair With Beer Is on the Rocks," The Wall Street Journal's Saabira Chaudhuri and Annie Gasparro report (subscription):
The data: "According to the Beer Institute, a trade group, drinkers chose beer just 49.7% of the time last year, down from 60.8% in the mid-’90s."
Thanks for reading. Live updates all day on Axios.com.