Robert Mueller. Photo: Chip Somodevilla/Getty Images

The Supreme Court issued a stay on Wednesday denying House Democrats immediate access to secret grand jury materials from the Mueller report in order to give the Trump administration time to appeal a lower court decision.

Why it matters: Democrats say the material could help them determine whether President Trump obstructed the Mueller investigation, possibly requiring new articles of impeachment.

The big picture: The Trump administration asked the Supreme Court earlier this month to temporarily block an appellate ruling that would force the Justice Department to release the grand jury testimony to Congress.

  • Solicitor General Noel Francisco argued to the Supreme Court that the release of the documents would cause irreparable harm to the executive branch.
  • Counsel for the House Judiciary Committee said in a filing this week that "the committee's impeachment investigation related to obstruction of justice pertaining to the Russia investigation is ongoing" and that the grand jury testimony may be relevant.

What to watch: The Supreme Court gave the Trump administration until June 1 to file its appeal.

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Updated Aug 9, 2020 - Politics & Policy

Republicans and Democrats react to Trump's coronavirus aid action

President Trump speaks to workers at a manufacturing facility in Clyde, Ohio, on Thursday. Photo: Scott Olson/Getty Images

Some Republicans joined Democrats in criticizing President Trump Saturday night for taking executive action on coronavirus aid, with Democratic leaders demanding the GOP return to negotiations after stimulus package talks broke down a day earlier.

Why it matters: Trump could face legal challenges on his ability to act without congressional approval, where the constitutional power lies on federal spending. Sen. Ben Sasse (R-Neb.) was the most vocal Republican critic, saying in a statement: "The pen-and-phone theory of executive lawmaking is unconstitutional slop."

Dion Rabouin, author of Markets
58 mins ago - Economy & Business

Investors are betting the future is priced in euros

Illustration: Aïda Amer/Axios

It's the euro's time now — at least that's how investors have been positioning recently.

What's happening: Speculators have raised their bets to the highest in nine years that the dollar will fall and increased bullish bets that the euro will rise to the highest level on record, Reuters reported citing data from the CFTC.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 7 a.m. ET: 20,317,087 — Total deaths: 742,035— Total recoveries: 12,602,544Map.
  2. U.S.: Total confirmed cases as of 7 a.m. ET: 5,141,879 — Total deaths: 164,545 — Total recoveries: 1,714,960 — Total tests: 63,252,257Map.
  3. States: Georgia reports 137 coronavirus deaths, setting new daily record Florida reports another daily record for deaths.
  4. Health care: Trump administration buys 100 million doses of Moderna's coronavirus vaccine.
  5. Business: Moderna reveals it may not hold patent rights for vaccine.
  6. Sports: Big Ten and Pac 12 scrap fall footballMLB salaries at 37%
  7. World: Lebanon reported record new cases as UN warned blast may drive spike — Fauci "seriously" doubts Russia's coronavirus vaccine is safe