May 31, 2019

Trump lawyer asked for "heads up" from Michael Flynn's lawyer

President Trump with Michael Flynn Photo: Jim Watson/AFP/Getty Images

President Trump's lawyer asked for a "heads up" from former national security advisor Michael Flynn’s attorney as Flynn was preparing to cooperate with Special Counsel Robert Mueller's investigation according to a transcript released by federal prosecutors on Friday.

Why it matters: The message is included in Mueller's report, but illustrates how people working closely with the president tried to exercise their influence over those who were in contact with Mueller, per Bloomberg.

"If, on the other hand, there's information that implicates the President, when we've got a national security issue, or maybe a national security issue, I don't know...some issue, we've got to deal with, not only for the President, but for the country. know, then-then, you know, we need some kinds of heads up."
— President Trump's lawyer John Dowd to Michael Flynn's lawyer Rob Kelner

Read the transcript:

Go deeper: Michael Flynn assisted in Mueller's obstruction and WikiLeaks investigations

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Peter Navarro defends hydroxychloroquine use in heated CNN interview

White House economic adviser Peter Navarro defended the use of anti-malarial drug hydroxychloroquine to treat coronavirus during a CNN interview Monday, highlighting "the possibility" that it has therapeutic efficacy.

Why it matters: Navarro did not deny reporting from Axios' Jonathan Swan that he got into a heated exchange in the White House Situation Room over the weekend with infectious disease expert Dr. Anthony Fauci about the drug's prospects against the illness.

Special report: Health care workers vs. coronavirus

Photo Illustration: Sarah Grillo/Axios. Photos: Angela Weiss/AFP via Getty Images, Bruce Bennett/Getty Images, and Europa Press News/Europa Press via Getty Images

Health care workers are at an especially high risk of catching the coronavirus, because of their prolonged exposure to patients who have it. Making matters worse, the U.S. doesn't have enough of the protective equipment, like masks and gloves, that keeps them safe.

  • And yet these workers, with loved ones of their own, keep showing up at hospitals across the country, knowing that more Americans than they can possibly care for are depending on them.
Go deeperArrow53 mins ago - Health

Backed by the Fed, bond investors get bullish

Illustration: Sarah Grillo/Axios

The Fed's massive injections of liquidity have reopened much of the bond market, and after back-to-back weeks in which more than $100 billion flowed out of bond funds, investors have regained their bearings and now see opportunity.

What's happening: But after the hemorrhaging outflows relented last week, bulls may now be sticking their heads out a bit too far. Junk bond funds took in more than $7 billion for the week ended April 1, according to Refinitiv Lipper, setting a new weekly record.