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Manafort leaves the E. Barrett Prettyman U.S. Courthouse in April. Photo: Chip Somodevilla/Getty Images

Former Trump campaign manager Paul Manafort was found guilty on 8 criminal counts Tuesday, including bank fraud, tax fraud and hiding a foreign bank account. Judge T.S. Ellis declared a mistrial on the other 10 charges.

The big picture: While this is the first case brought to court as a result of special counsel Robert Mueller's investigation into potential Russian interference in the 2016 election, the federal tax and bank fraud charges are not related to Manafort's work with the Trump campaign — they're instead focused on his activities as a lobbyist for Ukraine.

The details: Manafort was found guilty on five counts of false tax returns, one count of a failure to register a foreign bank account, and two counts of bank fraud. All together, Manafort faces up to 80 years in prison.

Manafort's lawyer appeared before cameras following the verdict saying:

"Mr. Manafort is disappointed for not getting acquittals all the way through or a complete hung jury on all counts. However, he would like to thank Judge Ellis for granting him a fair trial, [and thank the] jury for their very long and hard fought deliberations. He is evaluating all options at this point."

What’s next: Manafort will face a second criminal trial next month in Washington, D.C. on seven other charges brought by Mueller, including failure to register as a foreign agent, obstruction of justice and money laundering.

President Trump reacted to the guilty verdict, saying "this has nothing to do" with Russian collusion and that he feels "very badly" for Manafort.

Go deeper: How the Russia probe closed in on Paul Manafort

Go deeper

8 hours ago - World

Maximum pressure campaign escalates with Fakhrizadeh killing

Photo: Fars News Agency via AP

The assassination of Mohsen Fakhrizadeh, the architect of Iran’s military nuclear program, is a new height in the maximum pressure campaign led by the Trump administration and the Netanyahu government against Iran.

Why it matters: It exceeds the capture of the Iranian nuclear archives by the Mossad, and the sabotage in the advanced centrifuge facility in Natanz.

Scoop: Biden weighs retired General Lloyd Austin for Pentagon chief

Lloyd Austin testifying before Congress in 2015. Photo: Chip Somodevilla/Getty Images

Joe Biden is considering retired four-star General Lloyd Austin as his nominee for defense secretary, adding him to a shortlist that includes Jeh Johnson, Tammy Duckworth and Michele Flournoy, two sources with direct knowledge of the decision-making tell Axios.

Why it matters: A nominee for Pentagon chief was noticeably absent when the president-elect rolled out his national security team Tuesday. Flournoy had been widely seen as the likely pick, but Axios is told other factors — race, experience, Biden's comfort level — have come into play.

Updated 9 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: Supreme Court backs religious groups on New York COVID restrictions.
  3. World: Thailand, Philippines sign deal with AstraZeneca for vaccine.
  4. Economy: Safety nets to disappear in December Black Friday shopping across the U.S., in photosAmazon hires 1,400 workers a day throughout pandemic.
  5. Education: National standardized tests delayed until 2022.