AP

"Morning Joe" host Joe Scarborough repeatedly called Steve Bannon "President Bannon" on his show Friday: "TIME magazine was right: Steve Bannon is the president of the United States."

"He has gone in. Donald Trump doesn't know anything about policy. Donald Trump doesn't know anything about politics. Donald Trump doesn't know anything about anything. He can get up and give a good speech. You listen to him talk about any topic and he wanders from sentence to sentence to sentence. So Steve Bannon is now the President of the United States. And that was more clear yesterday than ever before."

Scarborough also suggested that "President Bannon" was the source behind the negative leaks on Jared Kushner and his ties to Russia, noting that Bannon bragged about having damaging information on Trump's son-in-law in the days leading up to the reports that Kushner was being looked at by the FBI.

The leaks:

"President Bannon":

Go deeper

Ben Geman, author of Generate
22 mins ago - Energy & Environment

Oil's turbulent long-term future

Illustration: Aïda Amer/Axios

The oil sector is facing risks from all sides.

Why it matters: Risk in the industry is nothing new. But these are especially turbulent and uncertain times. The industry's market clout has waned, the future of demand is kind of a mystery, and future U.S. policy is too, just to name three.

Meadows on Wray's voter fraud dismissal: "He has a hard time finding emails in his own FBI"

White House chief of staff Mark Meadows dismissed FBI Director Chris Wray's testimony that the U.S. has never historically seen evidence of widespread voter fraud, including by mail, during an appearance on "CBS This Morning" on Friday.

Why it matters: Meadows' statement highlights the Trump administration's strategy to sow doubt in November's election results by challenging the legitimacy of mail-in ballots, which are expected to skew heavily in Democrats' favor.

The next cliff for the unemployed

Illustration: Sarah Grillo/Axios

A program supporting Americans who are typically ineligible for unemployment benefits will expire at the end of the year, with millions still relying on it as the labor market sputters.

Why it matters: The result could be catastrophic for the economic recovery that Wall Street fears is already fragile.

Get Axios AM in your inbox

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

Please enter a valid email.

Subscription failed
Thank you for subscribing!