The Albert V. Bryan U.S. Courthouse, where Manafort's trial is taking place. Photo: Saul Loeb/AFP/Getty Images

Jurors in the financial fraud trial of former Trump campaign chairman Paul Manafort are set to begin deliberations Thursday morning, after federal prosecutors made their closing arguments into how Manafort orchestrated a scheme to obtain millions of dollars and avoid paying taxes, according to multiple reports.

The big picture: This is the first case that special counsel Robert Mueller has brought to court as a result of his ongoing probe into potential meddling by Russians during the 2016 elections. However, the federal tax and financial fraud charges in dispute are separate from Manafort's work with the Trump campaign.

The details: Manafort is facing the possibility of life in prison, if convicted, after being charged with 18 counts of tax evasion and bank fraud. He has pleaded not guilty to all charges.

  • Manafort's attorney Kevin Downing said his client is "very happy with how things went today," per the AP.

Meanwhile, prosecutors told jurors there is "overwhelming" evidence against Manafort. Deliberations for the 12 jurors to reach a judgment will come after nearly three weeks of testimony, largely from the prosecution.

Go deeper: The prosecution in Manafort's trial has left no stone unturned

Go deeper

Bryan Walsh, author of Future
26 mins ago - Health

Rockefeller Foundation commits $1 billion for COVID-19 recovery

A health worker performs a COVID-19 test in New Delhi. Photo: Raj K Raj/Hindustan Times via Getty Images

The Rockefeller Foundation announced on Monday that it will allocate $1 billion over the next three years to address the pandemic and its aftermath.

Why it matters: The mishandled pandemic and the effects of climate change threaten to reverse global progress and push more than 100 million people into poverty around the world. Governments and big NGOs need to ensure that the COVID-19 recovery reaches everyone who needs it.

Updated 47 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Ex-FDA chief: Pence campaigning after COVID exposure puts others at risk — Mark Meadows: "We are not going to control the pandemic"
  2. Health: 13 states set single-day coronavirus case records last week — U.S. reports over 80,000 new cases for second consecutive day.
  3. World: Italy tightens restrictions Spain declares new state of emergency.
  4. Media: Fox News president and several hosts advised to quarantine after possible COVID-19 exposure

Fox News president and several hosts advised to quarantine in COVID-19 precaution

A political display is posted on the outside of the Fox News headquarters on 6th Avenue in New York City in July. Photo: Timothy A. Clary/AFP via Getty Images

Fox News President Jay Wallace and anchors Bret Baier and Martha MacCallum are among those recommended to get tested and quarantine after possible exposure to COVID-19, the New York Times first reported Sunday night.

The big picture: The Fox News contingent, which also included "The Five" show hosts Juan Williams and Dana Perino, were on a charter flight from Nashville to New York following Thursday's presidential debate with a person who later tested positive for the coronavirus.