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Photo: Mark Wilson/Getty Images

Two polls released Monday (from Quinnipiac University and CNN/SSRS) put President Trump's approval rating below 40%, despite Americans' satisfaction with strong economic growth.

Why it matters: Voters seem certain the U.S. economy is strong, but as the midterm elections approach, "a majority of voters either do not associate [the economy] with Trump, the Republican Party's leading figure, or disapprove of the president for other reasons," per CNBC. And while November is still weeks away, these figures should serve as a red flag to the administration.

Key findings:

Quinnipiac University poll:

  • Trump's approval dropped to 38%, down from 41% last month.
  • 70% of those surveyed said the economy is "good" or "excellent."
  • Respondents gave Trump the lowest rating for honesty since he entered office — 32%.
  • When asked if Trump is intelligent, 51% said yes, a new low.

CNN/SSRS poll:

  • Respondents rated Trump's approval at 36%, down from 42% last month.
  • The drop in approval ratings was the most significant among independent voters: 31%, down from 47%.
  • 32% say they see the president as honest and trustworthy — down six percentage points since March.
  • Only 36% said Trump "cares about people like you" — another new low.

Go deeper

Updated 1 hour 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. Economy: Safety nets to disappear in DecemberAmazon hires 1,400 workers a day throughout pandemic.
  4. Education: U.S. public school enrollment drops as pandemic persists — National standardized tests delayed until 2022.
  5. Cities: Los Angeles County issues stay-at-home order, limits gatherings.
  6. World: London police arrest dozens during anti-lockdown protests — Thailand, Philippines sign deal with AstraZeneca for vaccine.

Tony Hsieh, longtime Zappos CEO, dies at 46

Tony Hsieh. Photo: FilmMagic/FilmMagic

Tony Hsieh, the longtime ex-chief executive of Zappos, died on Friday after being injured in a house fire, his lawyer told the Las Vegas Review-Journal. He was 46.

The big picture: Hsieh was known for his unique approach to management, and following the 2008 recession his ongoing investment and efforts to revitalize the downtown Las Vegas area.

Dan Primack, author of Pro Rata
8 hours ago - Economy & Business

The unicorn stampede is coming

Illustration: Annelise Capossela/Axios

Airbnb and DoorDash plan to go public in the next few weeks, capping off a very busy year for IPOs.

What's next: You ain't seen nothing yet.