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Photo: Jim Watson/AFP/Getty Images

President Trump pardoned Jon Ponder, a convicted bank robber turned activist, ahead of Ponder's Tuesday night appearance at the Republican National Convention.

What they're saying: In a pre-recorded clip, Trump said, "He has created one of the most successful reentry programs, Hope For Prisoners, in Las Vegas. Hope for Prisoners is a movement that began as a dream, in a tiny prison cell, and is now making a difference in the lives of thousands, truly bringing hope that there is an opportunity and a community that is waiting and willing to offer them a second chance," per Fox.

Before night two of the RNC, Trump described Ponder's story as "a beautiful testament to the power of redemption."

Background: Ponder started the nonprofit as a post-prison re-entry program.

  • He is a three-time convicted felon, and was granted clemency by the Nevada Board of Pardons for past battery convictions earlier this year.

The state of play: Ponder will speak at the convention the FBI agent who arrested him, Fox News reports.

Trump's pardon removes a federal bank robbery charge from Ponder's record.

Go deeper

Janet Yellen confirmed as Treasury secretary

Janet Yellen. Photo: Alex Wong/Getty Images

The Senate voted 84-15 to confirm Janet Yellen as Treasury secretary on Monday.

Why it matters: Yellen is the first woman to serve as Treasury secretary, a Cabinet position that will be crucial in helping steer the country out of the pandemic-induced economic crisis.

Dan Primack, author of Pro Rata
3 hours ago - Economy & Business

Scoop: Red Sox strike out on deal to go public

Illustration: Sarah Grillo/Axios

The parent company of the Boston Red Sox and Liverpool F.C. has ended talks to sell a minority ownership stake to RedBall Acquisition, a SPAC formed by longtime baseball executive Billy Beane and investor Gerry Cardinale, Axios has learned from multiple sources. An alternative investment, structured more like private equity, remains possible.

Why it matters: Red Sox fans won't be able to buy stock in the team any time soon.