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Photo: Omar Martinez/picture alliance via Getty Images

Smuggling gangs in Mexico have been using power tools to saw through new parts of President Trump's border wall, making openings for people and drug loads to pass through, according to the Washington Post.

Why it matters: The border wall was one of Trump's significant policies and rallying cries during the campaign, and it is "a physical symbol of his presidency, touting its construction progress in speeches, ads and tweets," the Post writes.

Details: Smugglers have used a household tool called a reciprocating saw that sells at hardware stores for about $100, the Post reports, citing U.S. agents and officials. The tool's blade can slice through the barrier's steel in minutes.

  • They have also used ladders to go atop the barriers in areas around San Diego, per the Post.

Of note: The Post obtained data that shows the administration has completed 2% of the 166 miles of planned barrier construction at the border. Nearly all of the planned construction would take place on private land the government hasn't obtained.

Go deeper: Trump border wall

Go deeper

Dan Primack, author of Pro Rata
29 mins ago - Economy & Business

The Leon Black clock strikes midnight

Illustration: Sarah Grillo/Axios

Leon Black is "retiring" as CEO of Apollo Global Management, the alternative investment giant he has led since co-founding it in 1990. But he is not making a full break, as Black will remain chair of Apollo's board of directors.

Why it matters: This is the culmination of 18 months of head-in-the-sand obfuscation of Black's dealings with Jeffrey Epstein.

Reddit traders look to pummel Wall Street's old guard

Illustration: Sarah Grillo/Axios

Reddit traders are taking on Wall Street pros at their own game with this basic mantra: Stocks will always go up.

Why it matters: Their trades — egged on in Reddit threads — have played a role in historic market activity in recent days.

The week the Trump show ended

Data: NewsWhip; Chart: Andrew Witherspoon/Axios

Donald Trump was eclipsed in media attention last week by President Biden for the first time since Trump took office, according to viewership data on the internet, on social media and on cable news.

Why it matters: After Trump crowded out nearly every other news figure and topic for five years, momentum of the new administration took hold last week and the former president retreated, partly by choice and partly by being forced off the big platforms.