May 25, 2017

Report: FBI thinks Kushner has key information for Russia probe

Dave Lawler, author of World

Andrew Harnik / AP

Jared Kushner is under FBI "scrutiny," because the bureau believes he has "significant information" relevant to the Russia investigation, NBC News reports. The Washington Post previously reported that a senior official close to Trump was a "significant person of interest" for the FBI.

Kushner had contact last year with Russian Ambassador Sergey Kislyak, as well as a Russian banker. There is no indication that he is suspected of breaking any laws.

Why it matters: Unlike Michael Flynn and Paul Manafort, Kushner is not a subject of the investigation. But the investigation could grow increasingly uncomfortable for President Trump as it reaches into his inner circle.

Kushner's lawyer responds: "Mr. Kushner previously volunteered to share with Congress what he knows about these meetings. He will do the same if he is contacted in connection with any other inquiry."

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Scoop: German foreign minister to travel to Israel with warning on annexation

Heiko Maas. Photo: Michael Kappeler/picture alliance via Getty Images

German Foreign Minister Heiko Maas is expected to travel to Israel next week to warn that there will be consequences if Israeli leaders move forward with plans to annex parts of the West Bank, Israeli officials and European diplomats tell me.

Why it matters: Israeli and European officials agree that if Israel goes ahead with unilateral annexation, the EU will respond with sanctions.

Minneapolis will ban police chokeholds following George Floyd's death

A memorial for George Floyd at the site of his death in Minneapolis. Photo: Steel Brooks/Anadolu Agency via Getty Images

Minneapolis has agreed to ban the use of police chokeholds and will require nearby officers to act to stop them in the wake of George Floyd's death, AP reports.

Why it matters: The agreement between the city and the Minnesota Department of Human Rights, which has launched an investigation into Floyd's death while in police custody, will be enforceable in court.

Better-than-expected jobs report boosts stock market

Data: Yahoo Finance; Chart: Axios

The S&P 500 jumped nearly 3% on Friday after a stronger-than-expected May jobs report showed that an economic recovery could be underway.

The state of play: Stocks have rallied since the worst of the coronavirus sell-off ended in late March and looked past a spate of ugly economic reports — not to mention civil unrest.