Alex Brandon / AP

President Trump's Health and Human Services nominee was already going to face more questions about his stocks and his ethics. But now, the Senate Finance Committee will have even more reason to grill him on policy this morning — thanks to that Obamacare executive order Trump put out late Friday night. Like, what does it really mean? And how would Price apply it once he's running HHS?

Everyone is confused: Democrats aren't the only ones wondering what Price will say. Caitlin Owens reports that Republican Sen. Susan Collins called the executive order "really confusing," and said that "until there's a secretary in place...it's very difficult to say what the impact of the executive order is going to be."

Other topics they'll throw at Price: Republicans plan to ask him about Trump's Obamacare replacement plans, of course, but also about his thinking on the future of Medicare and Medicaid. Democrats will hammer him on the executive order and his stocks, but they'll also try to squeeze in a few questions on Price's plans for Medicare, Medicaid, and drug prices. (Will Price sound any more enthusiastic about negotiating drug prices than he did last week?)

The biggest danger: More "Price is Right" headlines. Not from me, though. I hate those.

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Jeff Sessions loses Alabama Senate primary runoff

Jeff Sessions. Photo: Michael DeMocker/Getty Images

Former Attorney General Jeff Sessions has lost the Republican nomination for Senate to Tommy Tuberville in Alabama in Tuesday night’s primary runoff, AP reports.

Why it matters: Sessions had been the underdog in the race against former Auburn University head football coach Tommy Tuberville, who had the backing of President Trump. Tuberville will now face off against Sen. Doug Jones (D-Ala.) in November, who is considered to have one of the most vulnerable Democratic Senate seats in the country.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 13,273,537 — Total deaths: 577,006 — Total recoveries — 7,367,106Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 3,424,304 — Total deaths: 136,432 — Total recoveries: 1,049,098 — Total tested: 41,764,557Map.
  3. Politics: Biden welcomes Trump wearing mask in public but warns "it’s not enough"
  4. Public health: Four former CDC heads say Trump's undermining of agency puts lives at risk — CDC director: U.S. could get coronavirus "under control" in 4–8 weeks if all wear masks.

Bank CEOs brace for worsening economic scenario

JPMorgan CEO Jamie Dimon. Photo: J. Lawler Duggan/For The Washington Post via Getty Images

Wells Fargo swung to its first loss since the financial crisis — while JPMorgan Chase and Citigroup reported significantly lower profits from a year earlier — as the banks set aside billions of dollars more in the second quarter for loans that may go bad.

Why it matters: The cumulative $28 billion in loan loss provisions that banks have so far announced they’re reserving serves as a signal they’re preparing for a colossal wave of loan defaults as the economy slogs through a coronavirus-driven downturn.