Trump's plans for infrastructure spending and tax cuts will be a short-term positive for the U.S. economy, the head of the International Monetary Fund, Christine Lagarde, said.

Longer term she warned higher inflation and a stronger dollar could cause problems, according to the AP.

Her verdict on the Trump administration so far: "this is really a work in progress — there's been of announcements, a lot of tweets, a lot of things being said."

Go deeper

Trump says G7 summit will be delayed until after the election

President Trump told reporters on Monday that he wants to delay the G7 summit until after November's election and implied that the decision had already been made.

The big picture: Plans for the summit have already been scrapped multiple times, with proposed venues moving from the Trump National Doral resort in Miami to Camp David. In May, Trump postponed the in-person event in Washington, D.C. to September.

Trump whisked out of press briefing after shooting outside White House

President Trump was escorted out of a coronavirus press briefing by a Secret Service agent on Monday after law enforcement reportedly shot an armed suspect outside of the White House.

The state of play: Trump returned to the podium approximately ten minutes later and informed reporters of the news. He said the suspect has been taken to the hospital, but was unable to provide more details and said Secret Service may give a briefing later.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 5:30 p.m. ET: 19,952,057 — Total deaths: 732,689 — Total recoveries — 12,150,698Map.
  2. U.S.: Total confirmed cases as of 5:30 p.m. ET: 5,074,059 — Total deaths: 163,275 — Total recoveries: 1,656,864 — Total tests: 61,792,571Map.
  3. Politics: House will not hold votes until Sept. 14 unless stimulus deal is reached.
  4. Business: Richer Americans are more comfortable eating out.
  5. Public health: A dual coronavirus and flu threat is set to deliver a winter from hellAt least 48 local public health leaders have quit or been fired during pandemic.
  6. Sports: The cost of kids losing gym class — College football is on the brink.
  7. World: Europe's CDC recommends new restrictions amid "true resurgence in cases."