Todd Huffman via Flickr CC

Rural Americans would be most affected by Trump's proposal to pull funding from the Corporation for Public Broadcasting (CPB), the CEO Patricia de Stacy Harrison testified before a House Appropriations Subcommittee Tuesday. That's because more than 65% of the CPB's federal funding goes to keeping rural PBS and NPR stations running.

The rural-urban divide in public broadcasting: "Rural stations don't have a donor base," according to Harrison, and it already costs more to broadcast in rural areas, partly due to infrastructure upkeep.

Why it matters: Rural communities are the most at risk of losing public programming, and 62% of rural Americans voted for Trump. 70% of Americans oppose eliminating the CPB, according to a Quinnipiac poll.

Perspective: CPB gets about $500 million in federal funding annually. That's half of what Trump has requested this year to start the wall. Elmo should be safe, though, as Sesame Street has other funding sources.

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Brazil's Bolsonaro tests positive for coronavirus

Photo: Andre Borges/NurPhoto via Getty Images

Brazilian President Jair Bolsonaro announced Tuesday that he tested positive for coronavirus.

Why it matters: Brazil's coronavirus outbreak is one of the largest in the world, topped only by the U.S., and Bolsonaro has long downplayed the effects of the virus, pushing businesses to reopen over the last few months in order to jumpstart the country's economy.

Deutsche Bank pays New York $150 million for dealings with Jeffrey Epstein

Photo: Stephanie Keith/Getty Images

Deutsche Bank has agreed to pay the state of New York a $150 million penalty for "significant compliance failures" related to its dealings with now-dead convicted sex offender Jeffrey Epstein, the State Department of Financial Services announced Tuesday.

Why it matters: Deutsche Bank "failed to properly monitor account activity conducted on behalf of the registered sex offender despite ample" public information about Epstein's criminal history, according to regulators. It's the first time any financial institution has been penalized for its dealings with Epstein.