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McConnell (L), McCarthy (R) and Trump. Photo: Erin Schaff-Pool/Getty Images

Republicans will emerge from the Trump era gutted financially, institutionally and structurally.

The big picture: The losses are stark and substantial.

  • They lost their congressional power.
  • Their two leaders, Mitch McConnell and Kevin McCarthy, are hamstrung by corporate blacklisting of their election-denying members.
  • The GOP brand is radioactive for a huge chunk of America.
  • The corporate bans on giving to the 147 House and Senate Republicans who voted against election certification are growing and virtually certain to hold.
  • The RNC is a shell of its former self and run by a Trump loyalist.
  • Democrats crushed them in fundraising when they were out of power. Imagine their edge with it.
  • Sheldon Adelson, the party's biggest donor, died Monday.
  • The NRA is weaker than it has ever been, after massive leadership scandals.
  • The U.S. Chamber of Commerce, once controlled by rock-ribbed Republicans, also gave to Democrats in 2020.
  • Rank-and-file Republicans are now scattered on encrypted channels like Signal and fearful of Big Tech platforms.

What to watch: Conservatives hold power in the courts and state legislatures, two foundational pieces to rebuilding their party. But they likely will face a raging internal war over policies and political leaders as they grapple with a post-Trump world — whenever that might be.

Go deeper

Young people want checks on Big Tech's power

Data: Generation Lab; Chart: Sara Wise/Axios

The next generation of college-educated Americans thinks social media companies have too much power and influence on politics and need more government regulation, according to a new survey by Generation Lab for Axios.

Why it matters: The findings follow an election dominated by rampant disinformation about voting fraud on social media; companies' fraught efforts to stifle purveyors of disinformation including former President Trump; and a deadly Jan. 6 insurrection over the election organized largely online.

Trump PACs raise over $82M for first half of 2021

Former President Trump during the Conservative Political Action Conference in Dallas, Texas, on July 11. Photo: Brandon Bell/Getty Images

Former President Trump's political action committees (PACs) raised more than $82 million in the first half of 2021, per Federal Election Commission filings published on Saturday.

Why it matters: It's a significant amount for a former president who's been banned from major social media platforms. It demonstrates his ability to raise huge sums of money should he choose to run for the presidency for a third time.

Updated 1 hour ago - Sports

Olympics dashboard

Team USA's Caeleb Dressel celebrates winning gold in the final of the men's 50m freestyle swimming event at the Tokyo 2020 Olympic Gameson Sunday. Photo: Odd Andersen/AFP via Getty Images

🚨: Simone Biles won't compete in Olympic floor finals, individual vault or uneven bars

🏊: U.S. wins gold in men's 4x100-meter medley relay, earning Caeleb Dressel fifth gold — American Bobby Finke wins gold in men's 1,500-meter freestyle

🏊‍♀️: Katie Ledecky wins gold in women's 800m freestyle

🇬🇧: Britain wins gold in new BMX freestyle category and gold in first-ever Olympic mixed 4x100m medley relay

💻: Japan tests teleporting games and "remote cheering"

🏳️‍⚧️: Axios at the Olympics: Games grapple with trans athletesTrans athletes see the Tokyo Games as a watershed moment

Go deeper: Full Axios coverage