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."

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Trump's Tucker mind-meld

Photo illustration: Sarah Grillo/Axios. Photo: Roy Rochlin/Getty Images and BRENDAN SMIALOWSKI/AFP via Getty Images

If you want to understand the rhetorical roots of Trump's Independence Day speech at Mount Rushmore, go back and watch Tucker Carlson's monologues for the past six weeks.

Between the lines: Trump — or rather his speechwriter Stephen Miller — framed the president's opposition to the Black Lives Matter protest movement using the same imagery Carlson has been laying out night after night on Fox.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 6 p.m. ET: 11,366,145 — Total deaths: 532,644 — Total recoveries — 6,154,138Map.
  2. U.S.: Total confirmed cases as of 6 p.m. ET: 2,874,396 — Total deaths: 129,870 — Total recoveries: 906,763 — Total tested: 35,512,916Map.
  3. States: Photos of America's pandemic July 4 ICU beds in Arizona hot spot near capacity — Houston mayor warns about hospitals
  4. Public health: U.S. coronavirus infections hit record highs for 3 straight days.
  5. Politics: Former Trump official Tom Bossert says face masks “are not enough”
  6. World: Mexican leaders call for tighter border control as infections rise in U.S.
  7. Sports: Sports return stalked by coronavirus
  8. 1 📽 thing: Drive-in movie theaters are making a comeback.

Bolton's hidden aftershocks

Photo illustration: Sarah Grillo/Axios. Photo: Justin Sullivan/Getty Images

The news media has largely moved on, but foreign government officials remain fixated on John Bolton's memoir, "The Room Where It Happened."

Why it matters: Bolton's detailed inside-the-Oval revelations have raised the blood pressure of allies who were already stressed about President Trump's unreliability.