Oct 13, 2018

Trump: Pulling out of Saudi arms deal would "be punishing ourselves"

President Trump. Photo: Saul Loeb/AFP via Getty Images

After a meeting with recently-released American Pastor Andrew Brunson, who was imprisoned by Turkey for two years, President Trump said it was "too early" to conclude what happened to missing reporter Jamal Khashoggi.

The state of play: Trump echoed the sentiments of Treasury Secretary Steve Mnuchin, saying that Saudi Arabia has been a good partner. Trump said the administration worked hard for the Saudi arms deal and that pulling out of it would "be punishing ourselves." Though he didn't give specifics, the president said there are other "very powerful" punishments they could do if punishment is required. Go deeper: Khashoggi intrigue: A text from the Saudi ambassador, then silence

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Situational awareness

Photo: Scott Olson/Getty Images

Catch up on today's biggest news:

  1. Warren supporters form super PAC
  2. We may be on "the brink" of coronavirus pandemic
  3. Pentagon policy chief resigns
  4. National polls show Bernie in control ahead of Nevada
  5. How a Chinese think tank rates all 50 U.S. governors
  6. Sanders and Bloomberg battle over heart health

Trump has declared war on sanctuary cities

Illustration: Sarah Grillo/Axios

Armed with subpoenas, lawsuits and immigration SWAT teams, the Trump administration has declared war on sanctuary cities.

The big picture: President Trump and his administration have used every available tool to try to crack down on local governments that refuse to hold immigrants in criminal custody, block immigration agents from working in county jails or deny federal authorities access to immigrants' records.

Peter Thiel's Founders Fund isn't really Peter Thiel's Founders Fund

Illustration: Photo Illustration: Eniola Odetunde/Axios. Photos: Charles Eshelman, Steve Jennings, and Chip Somodevilla/Getty Images

Founders Fund has raised $3 billion for a pair of new funds, so expect a slew of headlines about how "Peter Thiel's venture capital firm" is now flush with cash.

Behind the scenes: Thiel is essential to Founders Fund, but he's not autocratic. Instead, Axios has learned that he's one of three people with veto power over most FF investments, and is unable to do a deal without approval of the other two.