Oct 11, 2018

Senators push Trump to launch probe into disappearance of Saudi journalist

Senator Bob Corker (R-TN). Photo: Andrew Caballero-Reynolds/AFP/Getty Images

Top foreign policy lawmakers in the Senate on Wednesday enforced a law that requires President Trump to launch an investigation into the disappearance of Saudi journalist Jamal Khashoggi and enforce sanctions against any foreign individual found responsible for the matter.

The details: The effort, led by Foreign Relations Committee Chairman Bob Corker and top Democrat Bob Menendez, requests an investigation under the Global Magnitsky Human Rights Accountability Act that requires the president to give a report to Congress within 120 days. The senators called the disappearance "a gross violation of internationally recognized human rights."

The backdrop: The Saudi journalist, who also wrote for the Washington Post, has been critical of the Saudi government. He disappeared last week after visiting the country's consulate in Turkey. Turkish investigators reportedly say he was assassinated there.

  • The request, which more than a dozen Democratic and Republican senators signed, could complicate the Trump administration’s relationship with the kingdom. Earlier this year, the State Department approved military arm sales to country worth slightly over $1 billion, and has promised continued support of Saudi Arabia military campaign in Yemen.

Go deeper: Khashoggi disappearance could impact Saudi Arabia's business deals

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 10:30 a.m. ET: 1,502,618 — Total deaths: 89,915 — Total recoveries: 339,775Map.
  2. U.S.: Total confirmed cases as of 10:30 a.m. ET: 432,554 — Total deaths: 14,829 — Total recoveries: 24,213Map.
  3. Business: The Fed will lend up to $2.3 trillion. — Another 6.6 million jobless claims were filed last week
  4. Federal government latest: Congress' $250 billion PPP injection could come too late for some businesses.
  5. Public health latest: Anthony Fauci said social distancing could reduce the death toll to 60,000.
  6. Poll: 1 in 10 Americans believe the economy will never return to normal.
  7. What should I do? Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Fed will lend up to $2.3 trillion amid coronavirus crisis

Fed Chairman Jerome Powell at a press conference in March. Photo: Eric Baradat/AFP via Getty Images

The Federal Reserve announced Thursday that it will support the coronavirus-hit economy with up to $2.3 trillion in loans to businesses, state and city governments — made possible in part by Treasury funds set aside in the government stimulus package.

Why it matters: The Fed has taken more action amid the coronavirus outbreak than it has in any other financial crisis in U.S. history in an effort to blunt the effects of the resulting economic shutdown.

DetailsArrowUpdated 13 mins ago - Economy & Business

Senate Democrats block Republicans' $250 billion PPP injection

Illustration: Sarah Grillo/Axios

Before the Paycheck Protection Program formally launched last Friday, we knew two things: The rollout would be rocky, and the initial $250 billion wouldn't be enough for America's small businesses.

The state of play: Banks and government officials have been working to smooth out the process. On Thursday, Senate Majority Leader Mitch McConnell's attempt to pump another $250 billion into the program via unanimous consent was blocked by Democrats, who are proposing an alternative.

Go deeperArrowUpdated 15 mins ago - Economy & Business