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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

In photos: Protesters rally for George Floyd ahead of Derek Chauvin's trial

Chaz Neal, a Redwing community activist, outside the Minnesota Governor's residence during a protest in support of George Floyd in St.Paul, Minnesota, on March 6. Photo: Kerem Yucel/AFP via Getty Images

Dozens of protesters were rallying outside the Minnesota governor's mansion in St Paul Saturday, urging justice for George Floyd ahead of former Minneapolis police officer Derek Chauvin's trial over the 46-year-old's death.

The big picture: Chauvin faces charges for second-degree murder and manslaughter over Floyd's death last May, which ignited massive nationwide and global protests against racism and for police reform. His trial is due to start this Monday, with jury selection procedures.

Biden says $1,400 stimulus payments can start going out this month

Photo: Samuel Corum/Getty Images

President Biden said Saturday that the Senate passage of his $1.9 trillion COVID relief package means the $1,400 direct payments for most Americans can begin going out later this month.

Driving the news: The Senate voted 50-49 Saturday to approve the sweeping legislation. The House is expected to pass the Senate's version of the bill next week before it heads to Biden's desk for his signature.