Evan Vucci, Richard Drew / AP

Trump is adding to his Goldman crew, per Axios' Mike Allen. Jim Donovan is Trump's first choice for undersecretary of domestic finance. The others:

  1. Dina Powell, head of philanthropic investing at Goldman, will be Trump's economic assistant.
  2. Steven Mnunchin, former partner at the firm, will be Treasury secretary.
  3. Gary Cohn, former Goldman Sachs President, was named to the top White House economic post.
  4. Stephen Bannon, former M&A banker, will be chief strategist.
  5. Jay Clayton, who advised Goldman during the recession, was nominated as SEC chairman.
  6. Anthony Scaramucci, who began his career at Goldman, will be Trump's top advisor and White House liaison.

Trump's election win has also helped bolster Goldman shares, which have flirted with an all-time high as investors anticipate laxer financial regulation, lower taxes and pro-growth policies, according to the WSJ.

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Fund managers start to board the stock bandwagon

Illustration: Aïda Amer/Axios

Asset managers at major U.S. investment firms are starting to get bullish with their clients, encouraging stock buying and trying not to get left behind right as the metrics on tech stocks rise back to highs not seen since the dot-com crash of 2000.

What's happening: Appetite for stocks is starting to return, but slowly as institutional money managers were overwhelmingly sitting on the sidelines in cash during April and May.

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China bans Cruz and Rubio over Xinjiang criticism

Photos: Graeme Jennings/Pool/Getty Images; Al Drago/Pool/Getty Images

China said Monday that it will ban entry to Sens. Marco Rubio (R-Fla.) and Ted Cruz (R-Texas) over their criticisms of human rights abuses in Xinjiang, the AP reports.

The big picture: The move seems to be retaliatory after the U.S. announced sanctions on four Chinese officials for human rights abuses against Uighur Muslims and other ethnic minorities in the region last week.

Roger Stone says he plans to campaign for Trump

Roger Stone appears yesterday outside his home in Fort Lauderdale. Photo: Johnny Louis/Getty Images

Roger Stone told Axios in a phone interview that he plans to write and speak for President Trump's re-election now that Stone "won't die in a squalid hellhole of corona-19 virus."

"I'm asthmatic," said Stone, 67. "Sending me to a prison where I could not be socially distanced ... would, I think, be a death sentence."