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President Trump stands in a prayer circle with faith leaders during a Evangelicals for Trump campaign event in Miami. Photo: Jim Watson/AFP/Getty Images

President Trump received an ovation from a crowd at a predominantly Hispanic megachurch where he touted his immigration policies and southern border wall during the launch of a new coalition, "Evangelicals for Trump," on Friday in Miami, the Washington Post reports.

Why it matters: "Trump’s decision to launch the new group at one of the largest Latino evangelical churches in the nation was 'without a doubt' a reaction to" an op-ed Christianity Today released calling for the president's impeachment, the Post writes. Trump is counting on a strong evangelical vote in 2020, and his re-election campaign expects Evangelicals for Trump to expand before then.

What Trump is saying: His 75-minute address focused on social issues with a religious undertone.

"Evangelicals ... have never had a greater champion, not even close in the White House, than you have right now. Just look as the record because we've done things that nobody thought was possible."

Go deeper:

Go deeper

Felix Salmon, author of Capital
21 mins ago - Economy & Business

The places regulation does not reach

Illustration: Aïda Amer/Axios

Financial regulation is not exactly simple anywhere in the world. But one country stands out for the sheer amount of complexity and confusion in its regulatory regime — the U.S.

Why it matters: Important companies fall through the cracks, largely unregulated, while others contend with a vast array of regulatory bodies, none of which are remotely predictable.

Trump nominee Christopher Waller confirmed to Fed board

Christopher Waller at a Senate Banking hearing earlier this year. (Photo: Sarah Silbiger/Getty Images)

The Senate voted 48-47 on Thursday to confirm Trump nominee Christopher Waller to the Federal Reserve Board of Governors — filling one of the two vacant slots on the influential economic body.

Why it matters: It's one of the last marks left on the Fed board by Trump, who has nominated five of its six members.

1 hour ago - Economy & Business

Boeing gets huge 737 Max order from Ryanair, boosting hope for quick rebound

Ryanair low cost airline Boeing 737-800 aircraft as seen over the runway. Photo by Nik Oiko/SOPA Images/LightRocket via Getty Images

Dublin-based Ryanair said it would add 75 more planes to an existing order for Boeing's 737 Max airplanes, a giant vote of confidence as Boeing seeks to revive sales of its best-selling plane after a 20-month safety ban following two fatal crashes.

The big picture: Ryanair's big order, on the heels of breakthrough vaccine news, is also a promising sign that the devastated airline industry might recover from the global pandemic sooner than expected.

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