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Photo: Win McNamee/Getty Images

Allen Weisselberg, longtime chief financial officer for the Trump organization, has been granted immunity by federal prosecutors for providing information about Michael Cohen and the 2016 payments he made to two women during the 2016 presidential campaign who alleged they had sexual encounters with the president, the Wall Street Journal reports.

Why it matters: This is a very significant story that’s already causing waves in the legal circles around the White House. Unlike Cohen, who was involved in quixotic projects and sleazy side deals to hush up women, Weisselberg has true and deep visibility into the Trump Organization. Trumpworld’s greatest fear is that U.S. District Court for the Southern District of New York (SDNY) investigators will start prying deeper into the president’s business affairs. And Trump can’t shut down such an investigation by firing Robert Mueller. This one’s out of his hands.

The bottom line: If there are any fishy payments for any purpose going back decades, Weisselberg would know about them. That’s why Trumpworld is on high alert about this. Concerned texts are flying around now from sources in the President’s orbit.

Timing: David Pecker, CEO of American Media, Inc., which publishes The National Enquirer was also granted immunity this week for providing information about Cohen's 2016 payments.

Be smart: A top Washington white collar attorney told Axios that this “could be really big deal but unclear if it’s limited to past Cohen stuff which culminated in his plea or if it’s ongoing. But clearly prosecutors thought he had something of value in return for giving immunity. There had to be some 'showing' by his counsel to get the immunity.”

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Updated 48 mins ago - Politics & Policy

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Illustration: Annelise Capossela/Axios

  1. Health: Coronavirus cases hold steady at 65,000 per day — CDC declares racism "a serious public health threat" — WHO official: Brazil is dealing with "raging inferno" of a COVID outbreak
  2. Vaccines: America may be close to hitting a vaccine wall — Pfizer asks FDA to expand COVID vaccine authorization to adolescents — CDC says Johnson & Johnson vaccine supply will drop 80% next week.
  3. Economy: Treasury says over 156 million stimulus payments sent out since March — More government spending expected as IMF projects 6% global GDP growth.
  4. Politics: Supreme Court ends California's coronavirus restrictions on home religious meetings
  5. Variant tracker: Where different strains are spreading.

Second senior Matt Gaetz aide resigns amid federal investigation

Rep. Matt Gaetz (R-Fla.) walking out of the Capitol in January 2021. Photo: Stefani Reynolds/Bloomberg via Getty Images

Devin Murphy, Rep. Matt Gaetz's legislative director, has stepped down amid a federal investigation into sex trafficking allegations against the Florida Republican congressman, the New York Times first reported and Axios has confirmed.

The latest: "It's been real," Murphy wrote in an email, obtained by Axios, to Republican legislative directors on Saturday morning, with the subject line: "Well...bye."

Rep. Dan Crenshaw says he'll be blind for a month after eye surgery

Rep. Dan Crenshaw (R-Texas) in Washington, D.C., in December 2020. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Rep. Dan Crenshaw (R-Texas) said in a statement Saturday he will be blind for roughly a month after getting surgery to reattach the retina in left eye.

Why it matters: Crenshaw, who lost his right eye and sustained severe damage to his left eye during his third deployment to Afghanistan in 2012, said he will be "pretty much off the grid for the next few weeks."