May 18, 2017

Trump: I'm victim of "greatest witch hunt" in U.S. history

Andrew Harnik / AP

President Trump, who reportedly didn't learn that his Deputy Attorney General Rod Rosenstein had appointed a special counsel to the Russia probe until right before the news hit, broke his silence on Twitter Thursday morning:

"With all of the illegal acts that took place in the Clinton campaign & Obama Administration, there was never a special councel appointed! This is the single greatest witch hunt of a politician in American history!"

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Scoop: Amazon's local podcast play

Illustration: Sarah Grillo/Axios

Amazon is looking to invest in localized podcast content, like news and sports, sources tell Axios. Sports content is top of mind as the company plans to buy up more TV rights and have adjacent audio content for users.

Why it matters: Amazon sees a strategic advantage in podcasts by leveraging Alexa voice tech to help users discover personalized content.

The oil stakes of Trump vs. Biden

Reproduced from Rapidan Energy Group; Chart: Axios Visuals

U.S. oil production is in a steep decline, but one question is how much November's elections will affect how much it does — or doesn't — bounce back.

Why it matters: The powerful price and demand headwinds from the coronavirus pandemic are creating a financial crisis in the oil patch.

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