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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Trump commutes Roger Stone's sentence

Roger Stone arriving at his sentencing hearing on Feb. 20. Photo: Drew Angerer/Getty Images

President Trump on Friday evening commuted the sentence of his longtime associate Roger Stone, according to two senior administration officials. Stone in February was sentenced to 40 months in prison for crimes including obstruction, witness tampering and making false statements to Congress.

Why it matters: The controversial move brings an abrupt end to the possibility of Stone spending time behind bars. He had been scheduled to report to prison on July 14.

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Which states have set single-day coronavirus records this week

Data: COVID Tracking Project and state health department data compiled by Axios; Map: Danielle Alberti and Naema Ahmed/Axios

13 states this week surpassed records set just last week for their highest number of coronavirus infections in a single day, according to the COVID Tracking Project and state health department data. 16 states in total reported new highs.

The big picture: The United States' alarming rise in coronavirus cases isn't just due to increased testing — particularly where the number of cases has grown fastest over the last month, Axios' Andrew Witherspoon and Caitlin Owens report.

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Illustration: Sarah Grillo/Axios

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