Photo: Zach Gibson/Getty Images

President Trump told Bill O'Reilly in an interview broadcast Tuesday that he plans to designate Mexican drug cartels as terrorist organizations after they killed Americans in Mexico.

Why it matters: Trump's remarks to O'Reilly that he would act because "we are losing 100,000 people a year to what is happening and what is coming through on Mexico" mark a shift in U.S. policy that's sent Mexican officials scrambling.

  • Mexico's Foreign Ministry said in a statement later Tuesday that the country’s foreign minister would contact Secretary of State Mike Pompeo "to discuss this very important issue for the bilateral agenda," per Reuters.
  • The killing of six children and three mothers in a Mormon community in northern Mexico shone a spotlight on the issue of warring cartels in the country.

Go deeper: Gruesome attacks challenge López Obrador's softer approach to Mexico's cartels

Go deeper

Dion Rabouin, author of Markets
51 mins ago - Economy & Business

Americans' trust in the Fed keeps falling

Data: Axios/Ipsos poll; Note: ±3.3% margin of error; Chart: Axios Visuals

Americans' trust in the Federal Reserve fell again in October, with just 34% saying they have a fair amount or a great deal of trust in the central bank in the latest Axios/Ipsos poll.

What's happening: While trust in the Fed rises with age, income level and among those who say they know more about the institution, there was not a single group where even half of respondents said they trusted the Fed.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Politics: Trump calls Fauci a "disaster" on campaign call.
  2. Health: Coronavirus hospitalizations are on the rise — 8 states set single-day coronavirus case records last week.
  3. States: California to independently review FDA-approved coronavirus vaccinesWisconsin judge reimposes capacity limit on indoor venues.
  4. Media: Trump attacks CNN as "dumb b---ards" for continuing to cover pandemic.
  5. World: Ireland moving back into lockdown as cases surge — Argentina becomes 5th country to report 5 million infections

USA Today breaks tradition by endorsing Joe Biden

Photo illustration: Aïda Amer/Axios. Photo: Win McNamee/Getty Images

USA Today, one of the largest newspapers by circulation in America, gave Joe Biden its first-ever presidential endorsement on Tuesday.

The big picture: A slew of media companies are endorsing a candidate this year for the first time ever, citing the unprecedented nature of this election.