Axios

Less information from the Federal Reserve would likely make the markets more volatile and market pricing more "error-prone," Goldman Sachs chief economist Jan Hatzius wrote in a note Monday.

Why it matters: Markets won't stop trying to predict the Fed's actions in the face of less information — investors will likely make the same guesses, only with less evidence and a greater chance of getting it wrong, he argued, echoing the concerns of several other analysts and economists.

After decades of diminishing recess time, half of U.S. states now require it or other physical activity by law.

Why it matters: Yes, recess is literally child's play. But researchers, pediatricians and parents say it's crucial for young students' physical and mental health.

Acting Attorney General Todd Blanche will likely advance to a full Senate confirmation vote after he rescinded the order setting up President Trump's $1.776 billion "anti-weaponization" fund Sunday.

Why it matters: Blanche's Sunday order has won over Sens. John Cornyn (R-Texas) and Thom Tillis (R-N.C.), who had held out on voting for Trump's pick.

The House Democratic Women's Caucus is calling on Rep. Chuck Edwards (R-N.C.) to resign after the House Ethics Committee concluded he violated House rules over sexual harassment and creating a hostile work environment, according to a statement shared first with Axios.

Why it matters: The Democratic Women's Caucus is arguing that censure — the punishment recommended by the bipartisan Ethics Committee — is not sufficient for Edwards.

Senate Majority Leader John Thune is trying to pack the Senate's final week before the August recess with votes. One item missing from his agenda: President Trump's top legislative priority, the SAVE Act.

Why it matters: Schedules reveal priorities. Thune and Trump's are misaligned.

House Democrats are privately mulling whether to force a vote to expel Rep. Max Miller (R-Ohio) from Congress over domestic abuse allegations, which he denies.

Why it matters: While it is rare for a House member to be forcibly ousted, the mere threat of expulsion has been enough to precipitate multiple resignations this year.

The House Ethics Committee found Rep. Chuck Edwards (R-N.C.) violated House Rules by "failing to adhere to the spirit of rules prohibiting sexual harassment of and unwanted advances to House staffers," according to a 25-page report released Monday.

Why it matters: The bipartisan committee recommended that Edwards be censured after concluding he "violated the Code of Official Conduct by failing to act in a manner that reflects creditably upon the House."

Two people in Michigan have died in connection with the multistate cyclosporiasis outbreak, Michigan health officials said Monday, marking the first known deaths linked to the foodborne illness.

Why it matters: Weeks into the national crisis that's sickened thousands of people, federal authorities still don't know for certain where it's coming from or why.

The Justice Department told Rep. Anna Paulina Luna (R-Fla.) that it has never investigated her over allegations that she shared insider information about President Trump's vice presidential pick before it became public, Axios has learned.

Why it matters: The DOJ's letter gives Luna ammunition in arguing she was never under criminal scrutiny over the allegations, a claim she is now using to justify legal threats against a news organization that repeated them.

Far eastern Aurora's residents see rooftops rising across their landscape, but many still feel stuck in the middle of nowhere.

Zoom in: A King Soopers planned near 56th Avenue and Picadilly Road could see dirt moving later this summer, and a November vote could bring a library and rec center to the area along E-470.