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Photo: Salwan Georges/The Washington Post via Getty Images

President Trump is withdrawing his nomination for former U.S. attorney for D.C. Jessie Liu to serve as the Treasury Department's undersecretary for terrorism and financial crimes, a top position overseeing economic sanctions, according to two sources with direct knowledge.

The big picture: Liu was confirmed in September 2017 to lead the largest U.S. attorney's office in the country, overseeing a number of politically charged prosecutions that included the case against Trump associates Roger Stone, Michael Flynn, Paul Manafort and other spinoffs from the Mueller investigation.

  • Liu stepped down from the U.S. attorney's office last month after Trump announced his intention to nominate her to the Treasury position in December 2019.
  • Liu was expected to stay in her position through her confirmation — with a hearing before the Senate Banking Committee scheduled for this Thursday — but was unexpectedly informed last month that Attorney General Bill Barr was replacing her with his close adviser Timothy Shea.
  • She was informed that Trump was pulling her nomination Tuesday afternoon.

Behind the scenes: This was "the president's call," according to a former administration official familiar with the situation. The decision, which was made today, has administration officials questioning the circumstances that led to Trump changing his mind — with the developments in the Roger Stone case today being the only new information they are aware of.

  • Four career prosecutors from the D.C. attorney's office withdrew from the Stone case after the Justice Department overruled them on a sentencing recommendation.

Go deeper

Updated 2 mins ago - World

German election: Social Democrats narrowly beat Angela Merkel's bloc

SPD leader Olaf Scholz. Photo: Alex Kraus/Bloomberg via Getty Images

BERLIN — The center-left Social Democratic Party (SDP) clinched a narrow victory in Germany's historic federal elections on Sunday, just four years after suffering its worst loss since World War II.

Why it matters: It's a stunning political comeback for the SPD, paving the way for its chancellor candidate Olaf Scholz to form a new governing coalition and lead Europe's largest economy into the post-Merkel era.

Updated 2 hours ago - Politics & Policy

Liz Cheney: Americans deserve better than choice of Biden or Trump

Rep. Liz Cheney talks with Lesley Stahl on CBS' "60 Minutes." Photo: CBS News

Rep. Liz Cheney (R-Wyo.) told CBS' "60 Minutes" in an interview broadcast Sunday that Americans "deserve better than having to choose between" President Biden's "disastrous" policies and former President Trump, "who violated his oath of office."

Why it matters: Cheney made the remarks after CBS' Lesley Stahl put it to her in the interview that Republicans feel that her joining the House select committee in charge of investigating the Jan. 6 U.S. Capitol riot helps "keep the focus on Trump instead of on the shortcomings of the Biden administration."

7 hours ago - Politics & Policy

First look: The LCV's $4M ad buy

A screenshot from a new League of Conservation Voters ad supporting Rep. Stephanie Murphy.

The League of Conservation Voters and Climate Power are aiming another $4 million worth of ads at centrist House Democrats, urging them to support the climate provisions in President Biden’s $3.5 trillion budget reconciliation package, Axios has learned.

Why it matters: Progressive groups are trying to counter the onslaught of conservative money pouring into swing districts. Both sides are trying to define Biden’s Build Back Better Agenda and pressure lawmakers to support — or oppose — the legislation scheduled for a vote in the House this week.