Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Rod Rosenstein testifying before the Senate, June 3. Photo: Greg Nash-Pool/Getty Images

Former Deputy Attorney General Rod Rosenstein told special counsel Robert Mueller in May 2017 to only conduct a criminal investigation of possible coordination between the Trump campaign and the Kremlin, secretly curtailing an FBI counterintelligence probe into President Trump's ties to Russia, the New York Times' Mike Schmidt reports.

Why it matters: Acting FBI director Andrew McCabe had approved the opening of the counterintelligence investigation out of concerns that Trump's decades of personal and financial dealings in Russia posed a national security threat. Rosenstein, concluding that the probe lacked justification and that McCabe had conflicts of interest, never informed him of the decision.

What they're saying: "We opened this case in May 2017 because we had information that indicated a national security threat might exist, specifically a counterintelligence threat involving the president and Russia,” McCabe told the Times in a statement.

  • "I expected that issue and issues related to it would be fully examined by the special counsel team. If a decision was made not to investigate those issues, I am surprised and disappointed. I was not aware of that.”
  • Rosenstein declined to comment.

The big picture: Because Mueller — who secured more than 30 indictments but did not find sufficient evidence of a criminal conspiracy between the Trump campaign and Russia — did not conduct a counterintelligence investigation, Democrats say the full scope of Trump's Russia ties remains unknown.

  • In an analysis released last week, House Intelligence Committee Chair Adam Schiff (D-Calif.) said his committee has reason to believe that "the FBI Counterintelligence Division has not investigated counterintelligence risks arising from President Trump’s foreign financial ties."
  • House Democrats are engaged in legal battles over their attempts to obtain Trump's financial records from Deutsche Bank and other institutions.
  • The concerns come as intelligence officials have assessed that Russia is again attempting to interfere in the 2020 elections to support Trump and denigrate his opponent Joe Biden.

Go deeper

Trump campaign, RNC have raised $207.5 million since Election Day

Photo: Brendan Smialowski/AFP via Getty

The Trump campaign and the Republican National Committee said Thursday they have hauled in $207.5 million since Election Day.

Why it matters: The funds have been largely raised through President Trump's baseless claims of widespread voter fraud. Trump has refused to concede to President-elect Joe Biden. His campaign's slew of lawsuits and recount efforts have seen little success.

59 mins ago - World

Putin foe Navalny to be detained for 30 days after returning to Moscow

Russian opposition leader Alexey Navalny. Photo: Oleg Nikishin/Epsilon/Getty Images

Russian opposition leader Alexey Navalny has been ordered to remain in pre-trial detention for 30 days, following his arrest upon returning to Russia on Sunday for the first time since a failed assassination attempt last year.

Why it matters: The detention of Navalny, an anti-corruption activist and the most prominent domestic critic of Russian President Vladimir Putin, has already set off a chorus of condemnations from leaders in Europe and the U.S.

Biden picks Warren allies to lead SEC, CFPB

Photo: Justin Sullivan/Getty Images

President-elect Joe Biden has selected FTC commissioner Rohit Chopra to be the next director of the Consumer Financial Protection Bureau (CFPB) and Obama-era Wall Street regulator Gary Gensler to lead the Securities and Exchange Commission (SEC).

Why it matters: Both picks are progressive allies of Sen. Elizabeth Warren (D-Mass.) and viewed as likely to take aggressive steps to regulate big business.