Cliff Owen / AP

President Trump fired FBI Director James Comey today, and we're working to get everyone up to speed:

  1. BREAKING: "Grand jury subpoenas issued in FBI's Russia investigation: CNN reports that it learned of federal subpoenas seeking business records related to Michael Flynn in the hours before Comey's firing. We're updating along, live.
  2. The basics: Trump wrote in a letter to Comey that while he appreciated their three previously undisclosed conversations during which Comey had told Trump there was no FBI probe into Russia, he had lost faith in his ability to lead the Bureau. The cited reason: his handling of the Clinton email probe. More questions answered in a post with rolling updates, here.
  3. Full timeline: How Comey got fired.
  4. The reactions: Lawmakers and activists, ranging from Chuck Schumer to John McCain to the ACLU to Edward Snowden, have weighed in.
  5. The Nixon thing: Democrats have seized on a theme to react to the news.
  6. The Russia thing: The calls are pouring in to appoint a special investigation on Russia, in light of this firing. Justin Amash called Trump's comments to Comey "bizarre."
  7. Clintonworld sounds the alarm: They're concerned about the future of the Russia investigation.
  8. Read the letters yourself: If you want to see the letters, we've got them embedded.

Go deeper

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

Investors have nowhere to hide

Photo: Jeenah Moon/Getty Images

The massive losses in oil prices and U.S. and European equities were not countered by gains in traditional safe-haven assets on Wednesday.

Why it matters: The unusual movement in typical hedging tools like bonds, precious metals and currencies means they are not providing investors an asset that will appreciate in the event of a major equity selloff.

Kendall Baker, author of Sports
26 mins ago - Sports

A look inside sports owners' political donations

Data: ESPN/FiveThirtyEight; Chart: Axios Visuals

Sports team owners in the four largest North American leagues (NFL, NBA, MLB, NHL) have donated over $46 million in federal elections since 2015, according to research conducted by ESPN and FiveThirtyEight.

By the numbers: Over the past three elections, $35.7 million of that money (77.4%) has gone to Republican campaigns and super PACs, compared to $10.4 million (22.6%) to Democrats.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — Fauci says U.S. may not return to normal until 2022
  2. Politics: Space Force's No. 2 general tests positive for coronavirus
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases
  4. Europe faces "stronger and deadlier" wave France imposes lockdown Germany to close bars and restaurants for a month.
  5. Sports: Boston Marathon delayed MLB to investigate Dodgers player who joined celebration after positive COVID test.

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