President Trump praised the Treasury Dept. — and reminisced about Alexander Hamilton — while delivering remarks on his financial services executive order at a presidential lectern between the secretary's desk and a fireplace with a portrait of Hamilton above it. Quotables, per White House pool reports:

  • "I went through that beautiful hallway with those incredible paintings of every secretary," said Trump, adding that he wished he could stop and listen to stories about each one. He also said current Secretary Mnuchin was one of the best." I think Hamilton is tough to beat, but maybe you can do that too," he joked.
  • "The Treasury Department is the guardian of America's wealth and a symbol of America's prestige," said Trump, noting that Hamilton "understood that the government must protect the jobs of our citizens and the wealth of our nation."
  • "We've lifted one terrible regulation after another at a record clip from the energy sector to the auto sector... We're now in the process of rebuilding America and there's a new optimism sweeping our country that people have not seen in decades."

Go deeper

Dave Lawler, author of World
29 mins ago - World

Pompeo to protest China deal in Vatican visit

Pompeo. Photo: Getty

Secretary of State Mike Pompeo will visit the Vatican on Tuesday to protest the pending renewal of a controversial deal with China.

Behind the scenes: Pope Francis has reportedly declined to meet with Pompeo, citing the imminent U.S. election.

House Democrats unveil new $2.2 trillion coronavirus relief proposal

House Speaker Nancy Pelosi (D-Calif.) Photo: Liz Lynch/Getty Images

Speaker Nancy Pelosi (D-Calif.) on Monday unveiled House Democrats' new $2.2 trillion coronavirus relief proposal.

Why it matters: Negotiations with the Trump administration have stalled since the House passed its $3 trillion HEROES Act in May. The pared-down bill, which is $200,000 smaller than Democrats' most recent proposal, is part of Pelosi's last-ditch effort to strike a deal with the White House.

Updated 59 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 33,238,168 — Total deaths: 999,667 — Total recoveries: 22,980,342Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 7,143,521 — Total deaths: 205,003 — Total recoveries: 2,766,304 — Total tests: 101,308,599Map.
  3. Business: Companies are still holding back earnings guidance.
  4. Health: Trump announces plan to distribute 150 million rapid tests —The childless vaccine.
  5. Media: Fauci: Some of what Fox News reports about COVID-19 is "outlandish"
  6. States: Cuomo extends New York moratorium on evictions until 2021.
  7. World: India the second country after U.S. to hit 6 million cases.