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Photo: Alexey Nikolsky/Sputnik/AFP

The White House has belatedly rejected Vladimir Putin's proposal that Russia be allowed to question several U.S. citizens, including former U.S. Ambassador to Russia Michael McFaul, in exchange for cooperation with the Mueller probe.

The latest: Three days after the press conference in which President Trump praised Putin's "incredible offer," Press Secretary Sarah Sanders today released a statement saying that while Putin's offer was "made in sincerity," Trump "disagrees with it." Sanders had generated significant backlash just yesterday, including from McFaul and other former U.S. officials, when she said Trump would meet with advisers to discuss the idea. The Senate was planning to vote on a resolution opposing Putin's proposal.

It is a proposal that was made in sincerity by President Putin, but President Trump disagrees with it. Hopefully President Putin will have the 12 identified Russians come to the United States to prove their innocence or guilt.

Go deeper

Chauvin trial leaves cities, activists across America on edge

Illustration: Brendan Lynch/Axios

The impact of the Derek Chauvin trial is reverberating far beyond the walls of the downtown Minneapolis courtroom.

The state of play: With the trial set to enter its third week, activists across America are watching the proceedings unfold with heavy skepticism that what they perceive as justice will be served.

Felix Salmon, author of Capital
1 hour ago - Economy & Business

The dispiriting housing boom

Illustration: Sarah Grillo/Axios

It's a discouraging scene: Bidding wars, soaring prices, and fears that homeownership is becoming out of reach for millions of Americans. We're in a housing frenzy, driven by a massive shortage of inventory — and no one seems to be happy about it.

Why it matters: Not all bubbles burst. Real estate, in particular, tends to rise in value much more easily than it falls. Besides, says National Association of Realtors chief economist Lawrence Yun, this "is not a bubble. It is simply lack of supply."

Updated 5 hours ago - World

China's COVID vaccines have low efficacy rates, official says

China Centers for Disease Control director Gao Fu at a March event in Beijing, China. Photo: Han Haidan/China News Service via Getty Images

The Chinese Center for Disease Control and Prevention's director said Saturday authorities are considering mixing COVID-19 vaccines because the country's domestically made doses "don't have very high protection rates," per AP.

Why it matters: The remarks by the Gao Fu at a news conference in the southwestern city of Chengdumark mark the first time a Chinese health official has spoken publicly about the low efficacy of vaccines made in China.