Situational awareness: Private equity investor Bill McGlashan, already facing criminal charges for his alleged role in the college bribery scandal, now stands to lose tens of millions of dollars, Axios' Dan Primack scoops.
1 big thing: Biden puts 20 in 2020
Joseph Robinette Biden is running for president for the 3rd time in 4 decades, with an announcement video focused on President Trump's response to the racist march in Charlottesville.
- "Biden’s sister and longtime political confidante, Valerie Biden Owens, described Trump’s comments as a 'blow' to the man who had served as the No. 2 to America’s first black president," the AP reports.
- “'It really started percolating, and the essence of this was Charlottesville,' Biden Owens said. 'I can tell you that was a major motivating moment for my brother, and the entire family.'”
- Watch the video.
Why it matters: Absent a big surprise, the Democratic field is now set, with neither of the two early frontrunners bowing out.
- He's the 20th candidate in the Democratic field. Catch up here.
Your cheat sheet on Biden launch day:
- Trump welcomed him with a mean tweet: “Welcome to the race Sleepy Joe. I only hope you have the intelligence, long in doubt, to wage a successful primary campaign."
- There was no immediate Obama endorsement (Biden claims he asked his former boss not to deliver one.)
- And Biden hired Bernie's 2016 press secretary, Symone Sanders, to advise the campaign.
- Biden called "Anita Hill earlier this month to express his regret over 'what she endured' testifying against Justice Clarence Thomas at the 1991 Supreme Court hearings," the NYT reports.
- "But Ms. Hill ... said she left the conversation feeling deeply unsatisfied and declined to characterize his words to her as an apology."
- "She said she is not convinced that Mr. Biden truly accepts the harm he caused her and other women who suffered sexual harassment and gender violence."
P.S. Chris Christie to Tina Brown: “If Biden can make it through the primaries, he’s the one Dem candidate who appeals to the white working-class voters who handed the election to Trump — and could hand 2020 to Biden instead."
Bonus: Pic du jour
Prince William is greeted with a traditional Maori greeting by Prime Minister Jacinda Ardern as they attend the Auckland Anzac Day Civic Service in Auckland, New Zealand.
- William is on a two-day visit to New Zealand to commemorate the victims of the Christchurch mosque terror attacks.
2. What you missed
- Vladimir Putin will speak with President Trump about his summit with Kim Jong-un, saying "there are no secrets."
- The FBI and IRS are investigating Baltimore Mayor Catherine Pugh, executing search warrants this morning. Maryland Gov. Larry Hogan has called on Pugh to resign.
- North Korea issued the U.S. a $2 million hospital bill before releasing then-comatose American student Otto Warmbier, according to sources familiar with the situation who spoke to the Washington Post's Anna Fifield.
- Cyclone Kenneth struck Mozambique as one of the strongest storms ever to hit the nation, which is still recovering from the widespread devastation caused by Cyclone Idai in March. Go deeper.
- A panel of 3 federal judges struck down Michigan’s congressional and state legislative districts, ruling that they were unconstitutionally gerrymandered to favor Republicans.
3. 1 fun thing
Jeopardy! has a new titan, James Holzhauer, who got to $1 million in winnings faster than any in history.
- "[H]e’s accrued just above $1 million in winnings over 14 consecutive games, an astonishing pace that should be making Jeopardy!’s greatest champion, Ken Jennings, shvitzing a bit," Vulture notes.