President Trump during a rally in Panama City Beach, Florida, Wednesday. Photo: Scott Olson/Getty Images

President Trump told supporters after a rally in Panama City Beach, Florida, Wednesday congressional Democrats’ investigations would help him win re-election in 2020, AP reports.

They want to do investigations instead of investments. I think it drives us right on to victory in 2020."

Why it matters: Trump made the remarks hours after Congress announced for the first time it had subpoena one of his children, Donald Trump Jr. It's seeking to quiz him on his previous testimony before Senate investigators in relation to the Russia investigation, sources with direct knowledge told Axios. The House Intelligence Committee also subpoenaed the Department of Justice Wednesday evening over the Mueller report.

The big picture: During his rally, Trump went after his potential 2020 Democratic presidential rivals, including Former Vice President Joe Biden, Sen. Bernie Sanders (I-Vt.), Southbend, Indiana Mayor Pete Buttigieg and former Texas congressman Beto O'Rourke, quipping, "Beto, boy has he fallen like a rock."

“You got a choice between sleepy Joe and crazy Bernie — and I’ll take any of them. Let's just pick somebody please and let’s start this thing. ... We have a young man, Buttigieg, Boot-edge-edge. They say edge-edge. He’s got a great chance. He’ll be great. He’ll be great representing against President Xi of China. It’ll be great. I wanna be in that room. I want to watch that one."

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Why it matters: This was a for-the-history-books moment in a debate that was mostly headache-inducing noise. Trump failed to condemn racist groups after four months when millions marched for racial justice in the country's largest wave of activism in half a century.

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Shell plans up to 9,000 job cuts by 2022

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Why it matters: The cuts could amount to over 10% of the company's global workforce, which was 83,000 at the end of 2019.