President Trump speaks with reporters at the White House. Photo: Jim Watson/AFP/Getty Images

President Trump has run approximately 2,200 Facebook advertisements warning of an "invasion" at the southern border, according to CNN analysis of the social media giant's political ad archive.

Why it matters: A study by Axios found last month that Trump is spending millions of dollars on Facebook ads, focusing on immigration as a key reelection strategy. However, his divisive rhetoric is being scrutinized amid reports that the suspected El Paso gunman spoke of an "invasion" in an online post just before the shooting massacre, CNN notes.

By the numbers: An examination of Facebook data by the Guardian shows Trump’s campaign has used the word "invasion” to describe migrants seeking entry at the southern border in 2,199 ads since January.

  • The ads were viewed 1 million to 5.5 million times by Facebook users and cost the Trump campaign between $7,900 and $241,601 to promote, according to the Guardian, which notes Facebook reports the spending and performance of ads as a range.

The big picture: The racist manifesto apparently posted by the El Paso shooting suspect posted to 8chan stresses that the opinions expressed pre-date Trump's presidency and that any attempt to blame the president for his actions would be "fake news."

  • Trump condemned racism and white supremacy Monday during an address to the nation after the mass shootings in El Paso and Dayton over the weekend.


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Jeff Sessions loses Alabama Senate primary runoff

Jeff Sessions. Photo: Michael DeMocker/Getty Images

Former Attorney General Jeff Sessions has lost the Republican nomination for Senate to Tommy Tuberville in Alabama in Tuesday night’s primary runoff, AP reports.

Why it matters: Sessions had been the underdog in the race against former Auburn University head football coach Tommy Tuberville, who had the backing of President Trump. Tuberville will now face off against Sen. Doug Jones (D-Ala.) in November, who is considered to have one of the most vulnerable Democratic Senate seats in the country.

Updated 5 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 13,273,537 — Total deaths: 577,006 — Total recoveries — 7,367,106Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 3,424,304 — Total deaths: 136,432 — Total recoveries: 1,049,098 — Total tested: 41,764,557Map.
  3. Politics: Biden welcomes Trump wearing mask in public but warns "it’s not enough"
  4. Public health: Four former CDC heads say Trump's undermining of agency puts lives at risk — CDC director: U.S. could get coronavirus "under control" in 4–8 weeks if all wear masks.

Bank CEOs brace for worsening economic scenario

JPMorgan CEO Jamie Dimon. Photo: J. Lawler Duggan/For The Washington Post via Getty Images

Wells Fargo swung to its first loss since the financial crisis — while JPMorgan Chase and Citigroup reported significantly lower profits from a year earlier — as the banks set aside billions of dollars more in the second quarter for loans that may go bad.

Why it matters: The cumulative $28 billion in loan loss provisions that banks have so far announced they’re reserving serves as a signal they’re preparing for a colossal wave of loan defaults as the economy slogs through a coronavirus-driven downturn.