Jul 18, 2018

More than half of Trump voters worry MS-13 will target their family

Photo: Mandel Ngan/AFP/Getty Images

A majority of Trump voters said that they were at least somewhat worried about MS-13 targeting them or their families and 85% believe that the violent gang is a serious threat to the United States, according to a new HuffPost/YouGov survey.

Why it matters: Trump has repeatedly used the gang to validate his administration's "zero-tolerance" policy at the southern border and the need for a wall. While the gang's actions are indeed vicious, its members prey almost exclusively on immigrant communities in small, specific areas of the U.S.

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SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.

Trump indulges Wall Street with Milken pardon

Photo Illustration: Sarah Grillo/Axios. Photo: Chris Graythen/Getty Images

Donald Trump loves Wall Street shenanigans. Companies owned by him have declared bankruptcy six different times, and he was once sued alongside Mike Milken for participating in a scheme to artificially inflate junk-bond prices.

Driving the news: Trump pardoned Milken this week, with an official statement positively gushing over Milken's role in developing the wilder side of fixed-income capital markets.