Photo: Mikhail Svetlov / Getty Images

A forthcoming Treasury report on the close ties between Russian oligarchs and Russian President Vladimir Putin has been branded a "direct and obvious attempt to influence [March's Russian presidential] elections" by Putin's spokesman, per the BBC. The report was part of last year's package of sanctions against Russia, designed to "name and shame" members of Putin's inner circle in retaliation for Russia's interference in the 2016 election.

Why it matters: The report won't pose any political problems for Putin, who will win reelection handily in March, but it could create other structural issues for his regime. The report is expected to out the corrupt sources of income for some of his biggest — and richest — supporters and could, in turn, prompt additional economic sanctions from the U.S. against prominent Russian individuals.

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Biden enters final stretch with huge cash advantage over Trump

Democratic presidential nominee Joe Biden in Wilmington, Delaware, on Monday. Photo: Drew Angerer/Getty Images

Democratic presidential nominee Joe Biden had $177.3 million in the bank at the end of September, per the latest Federal Election Commission filings.

Why it matters: President Trump's re-election campaign reported having $63.1 million in the bank at the end of last month.

Of note: Trump was well ahead of Biden earlier in the year.

Go deeper: The green tsunami

Editor's note: This is a developing news story. Please check back for updates.

Updated 18 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting — McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.

Court allows North Carolina mail-in ballots deadline extension

An absentee ballot election worker stuffs ballot applications at the Mecklenburg County Board of Elections office in Charlotte, North Carolina, in September. Photo: Logan Cyrus/AFP via Getty Images

North Carolina can accept absentee ballots that are postmarked Nov. 3 on Election Day until Nov. 12, a federal appeals court decided Tuesday in a 12-3 majority ruling.

Why it matters: The 4th Circuit Court of Appeals' ruling against state and national Republican leaders settles a lawsuit brought by a group representing retirees, and it could see scores of additional votes counted in the key battleground state.