Democratic Presidential candidate Sen. Bernie Sanders at the Climate Crisis Summit at Drake University in Des Moines, Iowa, Saturday. Photo: Stephen Maturen/Getty Images

Sen. Bernie Sanders had a message for new Democratic presidential rival, billionaire Mike Bloomberg, during the Climate Crisis Summit at Drake University in Des Moines, Iowa, Saturday: "You're not going to buy this election."

Why it matters: A Bloomberg source told Axios, "Mike will spend whatever it takes to defeat Donald Trump."

  • Fellow Democratic candidate and billionaire Tom Steyer has spent more than any other 2020 hopeful to self-fund his campaign — allowing him to meet the increasingly strict qualifications for presidential debates.
We don’t have a super PAC and I’m not worth $52 billion."
— Sanders' the Climate Crisis Summit


The big picture: Per Fox News, Sanders' campaign is using moderate Bloomberg's bid to enter to the race as a a fundraising point, saying in an email to supporters,"Did you see the news? Mike Bloomberg is filing paperwork to run for President of the United States. Just what America needs... another billionaire using his wealth to try to buy an election."

Go deeper:

Go deeper

Trump claims TikTok will be banned if not sold by Sept. 15

President Trump said Monday that TikTok will be shut down in the U.S. if it hasn't been bought by Microsoft or another company by Sept. 15.

Why it matters: Trump appears to have backed off his threat to immediately ban TikTok after speaking with Microsoft CEO Satya Nadella, who said Sunday that the company will pursue discussions with TikTok’s Chinese parent company ByteDance to purchase the app in the U.S.

Updated 22 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2 p.m. ET: 18,147,574 — Total deaths: 690,573 — Total recoveries — 10,753,815Map.
  2. U.S.: Total confirmed cases as of 2 p.m. ET: 4,687,828 — Total deaths: 155,062 — Total recoveries: 1,468,689 — Total tests: 56,812,162Map.
  3. Politics: White House will require staff to undergo randomized coronavirus testing — Pelosi says Birx "enabled" Trump on misinformation.
  4. Business: Virtual school is another setback for retail — The pandemic hasn't hampered health care.
  5. Public health: Former FDA chief says MLB outbreaks should be warning sign for schools.

Filing suggests Manhattan DA is investigating Trump for possible fraud

Photo: Brendan Smialowski/AFP

The Manhattan District Attorney's office suggested for the first time Monday that it's investigating President Trump and his company for "alleged bank and insurance fraud," the New York Times first reported.

The state of play: The disclosure was made in a filing in federal court that seeks to force accounting firm Mazars USA to comply with a subpoena for eight years of Trump's personal and corporate tax returns.