While President Trump agreed with Rep. Trey Gowdy's appearance on CBS' "This Morning" in a morning tweetstorm, he may have missed Gowdy's hit on Fox News' "The Story with Martha MacCallum" last night — where Gowdy largely dismissed the president's concerns about FBI surveillance of his campaign.
Go deeper: Gowdy, who is retiring from Congress at the end of this term, hasn't been shy about breaking with Trump on the Russia issues.
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Before the Paycheck Protection Program formally launched last Friday, we knew two things: The rollout would be rocky, and the initial $250 billion wouldn't be enough for America's small businesses.
The state of play: Banks and government officials have been working to smooth out the process, and on Thursday the Senate will vote to pump another $250 billion into the program.
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Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, told NBC's "Today" on Thursday that he's hopeful that social-distancing measures in place across the U.S. will reduce the total number of coronavirus deaths.
Why it matters: Fauci said that while early models projected between 100,000 and 200,000 U.S. deaths from the pandemic, he now believes that number could come down to 60,000 — but he emphasized the importance of keeping social distancing in place to ensure that trend holds.
Illustration: Aïda Amer/Axios
The next two days will be pivotal for determining whether large oil-producing countries can partially stabilize an industry reeling from very low prices and the historic, coronavirus-fueled collapse in demand.
Driving the news: The OPEC+ group led by Saudi Arabia and Russia begin meeting remotely later Thursday morning to discuss production cuts, to be followed by a virtual Friday meeting among G20 energy ministers that includes the U.S.