Updated Jun 20, 2019

Trump defends Pelosi to Fox News' Sean Hannity

President Trump. Photo: Chip Somodevilla/Getty Images

President Trump defended House Speaker Nancy Pelosi (D-Calif.) during a telephone interview on Fox News' "Hannity" Wednesday night.

Details: Host Sean Hannity suggested to Trump that Pelosi had lost control of the Democratic Party to progressives like Reps. Alexandria Ocasio-Cortez (D-N.Y.) and Ilhan Omar (D-Minn.), saying she's the "speaker in name." But Trump replied, "I think Nancy Pelosi probably has control of it, I hear different things but I think she does. She knows what she's doing. We will see how it all comes out out."

The big picture: In the wide-ranging interview, Trump attacked the Democrats on several issues, including the House Judiciary Committee's treatment of his former communications director Hope Hicks, who refused to answer questions before the panel earlier. The president said he was thinking about live-tweeting the upcoming Democratic presidential debates went.

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Fed temporarily lifts Wells Fargo's growth restrictions

Photo: Streeter Lecka/Getty Images

The Federal Reserve said Wednesday it will temporarily lift Wells Fargo’s growth restriction put in place following the bank’s customer abuse scandals.

Why it matters: One of the nation's biggest lenders said the Fed's asset cap prevented it from lending more to struggling small businesses as part of the government's aid package. Now Wells Fargo says it will reopen its application process and lend to a broader set of business owners.

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Coronavirus dashboard

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  1. Global: Total confirmed cases as of 2 p.m. ET: 1,464,852 — Total deaths: 85,397 — Total recoveries: 315,105Map.
  2. U.S.: Total confirmed cases as of 2 p.m. ET: 402,923 — Total deaths: 13,007 — Total recoveries: 22,717Map.
  3. State latest: New York Gov. Andrew Cuomo issued an executive order for New Yorkers to vote by absentee ballot for June 23 primaries.
  4. Federal government latest: The U.S. has begun to see "glimmers of hope" despite its highest recorded number of deaths in 24 hours, Dr. Anthony Fauci said.
  5. Business updates: Roughly one-third of U.S. apartment renters didn't make April payments — The Fed will lift Wells Fargo's asset cap to help small business lending.
  6. 🎧 Podcast: The battle over billionaire coronavirus saviors
  7. What should I do? Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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