Trump shaking hands with a coal miner. Photo: Ron Sachs-Pool/Getty Images

Bloomberg broke a story last night about the emerging structure of long-discussed Trump administration efforts to aid economically struggling coal-fired and nuclear power plants.

Why it matters: Per their story, the plan would "represent an unprecedented intervention into U.S. energy markets."

One level deeper: The news service obtained a memo — circulated ahead of a National Security Council meeting scheduled for today — describing plans for Energy Department use of emergency powers to force grid operators to buy power or power capacity from at-risk plants.

  • "The agency also is making plans to establish a 'Strategic Electric Generation Reserve' with the aim of promoting the national defense and maximizing domestic energy supplies," Bloomberg reports.

To be sure: Bloomberg notes that there's "no indication whether" Trump has signed off on the plan or when it might be implemented.

Between the lines: The story is the latest twist in intense political and lobbying battle over the fate of power plants that will or might go offline under market pressure from cheap natural gas, stagnant demand and the growth of renewables.

  • Administration officials argue that action to keep coal and nuclear plants going is essential for the reliability and resilience of the power system, but the claim is hotly disputed by many experts.

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Trump commutes Roger Stone's sentence

Roger Stone arriving at his sentencing hearing on Feb. 20. Photo: Drew Angerer/Getty Images

President Trump on Friday evening commuted the sentence of his longtime associate Roger Stone, according to two senior administration officials. Stone in February was sentenced to 40 months in prison for crimes including obstruction, witness tampering and making false statements to Congress.

Why it matters: The controversial move brings an abrupt end to the possibility of Stone spending time behind bars. He had been scheduled to report to prison on July 14.

Updated 7 hours ago - Health

Which states have set single-day coronavirus records this week

Data: COVID Tracking Project and state health department data compiled by Axios; Map: Danielle Alberti and Naema Ahmed/Axios

13 states this week surpassed records set just last week for their highest number of coronavirus infections in a single day, according to the COVID Tracking Project and state health department data. 16 states in total reported new highs.

The big picture: The United States' alarming rise in coronavirus cases isn't just due to increased testing — particularly where the number of cases has grown fastest over the last month, Axios' Andrew Witherspoon and Caitlin Owens report.

Updated 8 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 6:30 p.m. ET: 12,389,660 — Total deaths: 557,279 — Total recoveries — 6,830,596Map.
  2. U.S.: Total confirmed cases as of 6:30 p.m. ET: 3,169,611 — Total deaths: 133,885 — Total recoveries: 983,185 — Total tested: 38,856,341Map.
  3. Public health: The reality of the coronavirus bites.
  4. Trade: Trump says he's no longer considering phase-two trade deal with China because the pandemic damaged the two countries' relationship.
  5. 🎧 Podcast: Rural America has its own coronavirus problem.