A portrait of the head of the Lebanese Shiite movement Hezbollah, Hasan Nasrallah, is seen on November 5, 2017 in Adshit. Photo: Mahmoud Zayyat / AFP / Getty Images

The U.S. Treasury Department is sanctioning six people and seven companies with links to Iranian-backed Hezbollah. In a statement Secretary Steve Mnuchin called Hezbollah “Iran’s primary proxy used to undermine legitimate Arab governments across the Middle East.”

Why it matters: The U.S. is working to limit Iran’s influence in the region, per the AP. The U.S. estimates Iran funds Hezbollah with $700 million annually, the AP reports. “The Administration is determined to expose and disrupt Hizballah’s networks, including those across the Middle East and West Africa, used to fund their illicit operations,” Mnuchin said.

Catch up quick: Hezbollah, founded in 1980, has long targeted Israel's army with Iran's financial and political support, but Hezbollah has been expanding its operations in recent years, NYT's Ben Hubbard writes: "It has sent legions of fighters to Syria. It has sent trainers to Iraq. It has backed rebels in Yemen. And it has helped organize a battalion of militants from Afghanistan that can fight almost anywhere."

Go deeper

Dion Rabouin, author of Markets
1 hour ago - Economy & Business

Wall Street fears meltdown over election and Supreme Court

Illustration: Aïda Amer/Axios

The death of Justice Ruth Bader Ginsburg and President Trump's vow to name her replacement to the Supreme Court before November's election are amplifying Wall Street's worries about major volatility and market losses ahead of and even after the election.

The big picture: The 2020 election is the most expensive event risk on record, per Bloomberg — with insurance bets on implied volatility six times their normal level, according to JPMorgan analysts. And it could take days or even weeks to count the record number of mail-in ballots and declare a winner.

Election clues county by county

Ipsos and the University of Virginia's Center for Politics are out with an interactive U.S. map that goes down to the county level to track changes in public sentiment that could decide the presidential election.

How it works: The 2020 Political Atlas tracks President Trump's approval ratings, interest around the coronavirus, what's dominating social media and other measures, with polling updated daily — enhancing UVA's "Crystal Ball."

Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 3 a.m. ET: 31,605,656 — Total deaths: 970,934 Total recoveries: 21,747,491Map.
  2. U.S.: Total confirmed cases as of 3 a.m. ET: 6,897,432 — Total deaths: 200,814 — Total recoveries: 2,646,959 — Total tests: 96,612,436Map.
  3. Health: The U.S. reaches 200,000 coronavirus deaths — The CDC's crumbling reputation — America turns against coronavirus vaccine.
  4. Politics: Elected officials are failing us on much-needed stimulus.
  5. Business: Two-thirds of business leaders think pandemic will lead to permanent changes — Fed chair warns economy will feel the weight of expired stimulus.
  6. Sports: NFL fines maskless coaches.

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