Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

President Trump referred repeatedly during an "Axios on HBO" interview to Jeffrey Epstein's death in prison custody, citing it when asked about his prior comments wishing Ghislaine Maxwell good luck in the criminal justice system.

Why it matters: Maxwell has been charged with multiple counts of allegedly helping Epstein sexually abuse minor girls. She was arrested in New Hampshire in early July.

  • Epstein took his own life while in law enforcement custody last August. The cause of death was suicide by hanging, per official autopsy results.

"Her friend or boyfriend was either killed or committed suicide in jail," Trump told Axios' Jonathan Swan in the "Axios on HBO" interview last week.

  • "She's now in jail. Yeah, I wish her well. I'd wish you well. I'd wish a lot of people well. Good luck. Let them prove somebody was guilty."
  • "Her boyfriend died in jail and people are still trying to figure out how did it happen. Was it suicide? Was he killed?"

Go deeper

Dan Primack, author of Pro Rata
Oct 12, 2020 - Economy & Business

Leon Black to investors: "I deeply regret" Epstein involvement

Illustration: Sarah Grillo/Axios

Wall Street billionaire Leon Black expressed remorse for his personal business and philanthropic relationship with Jeffrey Epstein on Monday in a letter sent to investors and obtained by Axios.

Driving the news: Black's letter follows a bombshell New York Times report that revealed that ties between Black, co-founder and CEO of Apollo Global Management, and Epstein were deeper than previously disclosed, including upward of $75 million changing hands.

Oct 12, 2020 - Podcasts

Jeffrey Epstein's money trail

Jeffrey Epstein died more than a year ago, but the investigation into how he made his money is heating up. The latest is a New York Times report that private equity titan Leon Black might have paid Epstein to up $75 million over the years, which is much more than was previously disclosed.

Axios Re:Cap goes deeper with Matthew Goldstein, a New York Times business reporter who co-authored today's story.

2 hours ago - Health

Treasury begins dispersing $350 billion in COVID relief funding to states and localities

Treasury Secretary Janet Yellen. Photo: Tasos Katopodis/UPI/Bloomberg via Getty Images

The U.S. Treasury on Monday began giving state and local governments access to $350 billion in emergency funding from the American Rescue Plan, the department announced Monday.

Why it matters: Though the money is aimed at helping state, local, territorial and tribal governments recover from the pandemic's economic fallout, the administration will generally give them wide latitude on how they can use the funds.