Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

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

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

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Rebecca Zisser / Axios

As President Trump formally launches his tax-reform drive this afternoon with a no-details, "vision-casting" speech in Springfield, Missouri, the self-inflicted wounds of the past 222 days are adding up. (Speech preview here, off embargo at 6 a.m.)

The "most powerful man in the world" is suddenly looking mighty powerless:

  • Speaker Ryan and Senate Majority Leader Mitch McConnell are going their own way on tax reform. Hill sources believe his original targets, including a 15% corporate rate, are dead.
  • SecDef Mattis didn't immediately embrace his full ban on transgender troops.
  • His Justice Department won't drop the Russia probe.
  • Courts won't allow his full Muslim ban.
  • Mexico won't pay for his wall.
  • Congress won't pay for his wall.
  • The Senate won't pass his promised health-care reform.
  • Gary Cohn and Sec State Tillerson won't tolerate his Charlottesville response.
  • North Korea won't heed his warnings.
  • China doesn't fear his trade threats.
  • CEOs won't sit on his councils.
  • Mexico and Canada won't bend to his will on NAFTA.

19 days in August: Trump's road not taken ... Now imagine where Trump would be today if he had instantly (and only) condemned the racist violence in Charlottesville, blown off the Arizona meltdown rally, and held off on the Arpaio pardon till the usual protocol could be followed.

The press would be writing about a new, late-summer Trump who had managed two crises like a normal president, and cleaned house of the most toxic "America First" true believers. His Texas trip would have gotten a high grade, with his trademark brio and well-received remarks.

Now snap back to reality: Instead, Trump has escalated his war with the judiciary, media and Republican establishment. At the same time, he has created a monster on the outside in the form of Steve Bannon and his merry band of Breitbart brawlers.

And he chose that path with crises sprouting all around:

  • An epic flood that will cost taxpayers billions in damages and consume Congress when it returns.
  • North Korea crossing new lines, rattling markets.
  • Racial tensions boiling.
  • Rising fear of a government shutdown, at the end of September or December.
  • Increasing pessimism in a once-buoyant business community.
  • Daily clues emerging of an expansive, ominous Mueller investigation.
Subscribe to Axios AM/PM for a daily rundown of what's new and why it matters, directly from Mike Allen.
Please enter a valid email.
Please enter a valid email.
Server error. Please try a different email.
Subscribed! Look for Axios AM and PM in your inbox tomorrow or read the latest Axios AM now.

Go deeper

Democrats drubbing Trumpless GOP on social media

Data: Twitter/CrowdTangle (Feb 24, 2021); Chart: Will Chase/Axios

In a swift reversal from 90 days ago, Democrats are now the ones with overpowering social media muscle and the ability to drive news.

The big picture: Former President Donald Trump’s digital exile and the reversal of national power has turned the tables on which party can keep a stranglehold on online conversation.

Here come Earmarks 2.0

DeLauro at a hearing in May 2020. Photo: Alex Wong/Getty Images

The House Appropriations Committee is preparing to announce details of a plan to restore a limited version of earmarks, which give lawmakers power to direct spending to their districts to pay for special projects.

Why it matters: A series of scandals involving members in both parties prompted a moratorium on earmarks in 2011. But Democrats argue it's worth the risk to bring them back because earmarks would increase their leverage to pass critical legislation with a narrow majority, especially infrastructure and spending bills.

Caitlin Owens, author of Vitals
42 mins ago - Health

New data reignites the debate over coronavirus vaccine strategy

Illustration: Eniola Odetunde/Axios

New research is bolstering the case for delaying second doses of coronavirus vaccines.

Why it matters: Most vulnerable Americans remain unvaccinated heading into March, when experts predict the more infectious virus variant first found in the U.K. could become dominant in the U.S.