Politics & Policy

Why it matters: While Democrats fight to convince voters that they should be the ones tasked with taking down President Trump, the current administration is powering ahead on efforts to restrict immigration, unleash business and reshape the U.S. role in the world.

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Fauci says White House effort to discredit him is "bizarre"

Photo: Joshua Roberts/Getty Images

Anthony Fauci told The Atlantic on Wednesday that efforts by certain White House officials to discredit him are "bizarre" and that it "ultimately hurts the president" to undermine a top health official in the middle of a pandemic.

Driving the news: Fauci's comments on the heels of a USA Today op-ed by White House trade adviser Peter Navarro, who claimed that Fauci has been "wrong about everything" related to the coronavirus that the two have interacted on. Fauci told The Atlantic: “I can’t explain Peter Navarro. He’s in a world by himself.”

Trump says Navarro shouldn't have written op-ed attacking Fauci

President Trump told reporters Wednesday that White House trade adviser Peter Navarro was speaking for himself when he wrote a USA Today op-ed attacking Anthony Fauci, and that he "shouldn't be doing that."

The big picture: The White House put out a statement earlier Wednesday saying that Navarro's op-ed, which claimed that Fauci has been wrong about everything that the two officials have interacted on during the pandemic, did not go through "normal White House clearance processes."

Austin Mayor Steve Adler calls for caution when reopening economies

Photo: Axios screenshot

Austin, Texas, Mayor Steve Adler cautioned states against loosening restrictions meant to stem the spread of coronavirus without having proper measures in place, at an Axios virtual event on Wednesday.

The big picture: Adler called on jurisdictions to "be innovative and adaptive and creative" when they reopen, to ensure people's safety.

Austin mayor: Having to cancel SXSW festival was "horrible"

Photo: Axios screenshot

Canceling the South by Southwest festival was "horrible," but necessary, as the coronavirus began to spread through the United States, Austin, Texas, Mayor Steve Adler said at an Axios event on Wednesday.

The big picture: The popular film, music and technology event attracts more than 400,000 attendees annually to the city's downtown. It was scheduled to take place March 13–22 before it was moved to an online format. The cancellation cost Austin $350 million in revenue, Adler said.

2 hours ago - Health

Oklahoma Gov. Kevin Stitt tests positive for coronavirus

Oklahoma Gov. Kevin Stitt. Photo: Alex Wong/Getty Images)

Oklahoma Gov. Kevin Stitt (R) announced on Wednesday he has tested positive for the coronavirus and will self-isolate, Tulsa World reports.

Why it matters: The 47-year-old Stitt is believed to be the first governor in the U.S. to test positive. He attended President Trump's rally in Tulsa last month, which the county's health department director said likely contributed to a surge in cases in the region.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 11 a.m. ET: 13,357,992 — Total deaths: 579,546 — Total recoveries — 7,441,446Map.
  2. U.S.: Total confirmed cases as of 11 a.m. ET: 3,432,307 — Total deaths: 136,493 — Total recoveries: 1,049,098 — Total tested: 41,764,557Map.
  3. Public health: Florida's outbreak is getting worse — Testing is again overwhelmed by massive U.S. caseload.
  4. Business: UnitedHealth posts most profitable quarter in its history — Walmart will require all customers to wear masks.
  5. Politics: White House says it didn't clear Navarro op-ed that attacked Fauci.

White House says it didn't clear Navarro op-ed that attacked Fauci

Photos: Chip Somodevilla/Getty Images; Al Drago/Pool/Getty Images

The White House said Wednesday that a USA Today op-ed by economic adviser Peter Navarro attacking Anthony Fauci "didn’t go through normal White House clearance processes."

Why it matters: In a normal administration, Navarro's actions would almost certainly result in his dismissal — but the White House did not immediately indicate any disciplinary action against him. It also further obscures the administration's support of Fauci, days after it put out a statement listing the times he was "wrong on things" in the coronavirus pandemic's early days.

Biden teases political path for climate plans

Photo illustration: Aïda Amer/Axios. Photo: Eric Baradat/AFP via Getty Images

Joe Biden is offering hints about how he’d try to thread the political needle to move big climate and energy plans through Congress.

Why it matters: If the 2020 election opens a path to moving substantial legislation, it's likely to be a fraught and narrow one that could vanish entirely in the 2022 midterm elections.

6 hours ago - Sports

Timeline: CrossFit transforms as athletes unionize and new owner steps in

Photo: Ed Zurga/Getty Images

In the three weeks since CrossFit founder Greg Glassman resigned amid backlash against his offensive remarks on George Floyd's killing, the company — and community — have undergone substantial change.

Why it matters: While CrossFit undergoes its first ownership change, its athletes are unifying and aiming for a seat at the table when it comes to the future of their sport.

What a Democratic wave in 2020 could mean for asset prices

Data: BofA Global Investment Strategy, Bloomberg, Haver; Table: Axios Visuals

More asset managers are starting to consider the "rising probability of political 'blue wave'" with Democrats sweeping the White House and Congress in the fall, strategists at Bank of America write in a note.

Where it stands: The analysts note that Oddschecker.com is factoring in a 57% likelihood of a win for Joe Biden, while Real Clear Politics puts a 62% likelihood on Democrats taking the Senate. BofA's data found annualized returns for assets from 7 out of 21 "blue waves" since 1928. The analysts also cite the likelihood of a "Blue Deal" fiscal stimulus in 2021 that would include infrastructure, student debt forgiveness and health care spending, which would be positive for value stocks and banks.

The CIA's new license to cyberattack

Illustration: Aïda Amer/Axios

In 2018 President Trump granted the Central Intelligence Agency expansive legal authorities to carry out covert actions in cyberspace, providing the agency with powers it has sought since the George W. Bush administration, former U.S. officials directly familiar with the matter told Yahoo News.

Why it matters: The CIA has conducted disruptive covert cyber operations against Iran and Russia since the signing of this presidential finding, said former officials.

17 hours ago - Politics & Policy

Jeff Sessions loses Alabama Senate primary runoff

Jeff Sessions. Photo: Michael DeMocker/Getty Images

Former Attorney General Jeff Sessions has lost the Republican nomination for Senate to Tommy Tuberville in Alabama in Tuesday night’s primary runoff, AP reports.

Why it matters: Sessions had been the underdog in the race against former Auburn University head football coach Tommy Tuberville, who had the backing of President Trump. Tuberville will now face off against Sen. Doug Jones (D-Ala.) in November, who is considered to have one of the most vulnerable Democratic Senate seats in the country.

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