President Donald Trump speaks during a cabinet meeting at the White House. Photo: Evan Vucci / AP
Trump told reporters before a cabinet meeting Wednesday, "I don't think the market's even begun to realize how good" the tax cuts are. "The market hasn't fully digested" the tax bill yet, he said.
Why it matters: Trump's predicting a stronger stock market once the new tax code kicks in, but the stock market has already hit an all-time high this year.
Illustration: Eniola Odetunde/Axios
Photo: NurPhoto/Getty Images
Facebook removed a video post from President Trump Wednesday in which he claimed in an interview with Fox News that children are "almost immune" to COVID-19.
Why it matters: It’s the first time that Facebook has removed content from Trump's account for violating policies on coronavirus-related misinformation.
Combination images of President Trump and former Vice President Joe Biden. Photo: Alex Wong/Getty Images/Mark Makela/Getty Images
President Trump's re-election campaign and the Republican National Committee announced on Wednesday they collectively raised $165 million in July.
Why it matters: With 90 days until the election, Trump and the RNC outpaced the Biden campaign, the Democratic National Committee and their joint fundraising committees, who announced earlier Wednesday that they raised $140 million last month.