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Illustration: Rebecca Zisser/Axios

As Americans face Hurricane Florence's landfall, President Trump inaccurately accused Democrats of fabricating Hurricane Maria's death toll to make him look bad.

The bottom line: The Carolinas will need the president and FEMA on their game, undistracted by cable news and past grudges

  • "3000 people did not die in the two hurricanes that hit Puerto Rico. When I left the Island, AFTER the storm had hit, they had anywhere from 6 to 18 deaths ..."
  • "This was done by the Democrats in order to make me look as bad as possible when I was successfully raising Billions of Dollars to help rebuild Puerto Rico."

Go deeper: Our reality check on the death toll estimates.

Between the lines: Even Trump-aligned Florida Republicans shied away from his statements.

  • Gov. Rick Scott (running for Senate) and Rep. Ron DeSantis (running for governor) both publicly defended Puerto Rico's casualty estimates. Their state is now home to hundreds of thousands of Puerto Ricans who left after the storms.

What's next:

  • Florence will bring the storm surge equivalent to a Category 4 hurricane and an inland flooding threat of historic proportions.
  • In inland areas, more than 3 feet of rain may fall as the storm lumbers southwest into South Carolina through Saturday.
  • By early next week, heavy rains could spread up the spine of the Appalachians and reach the Mid-Atlantic states.

Go deeper: Our full storm coverage.

Go deeper

1 hour ago - World

Pentagon warns of ISIS-K capabilities outside Afghanistan

The site of an airstrike conducted by the U.S. against a planner for ISIS-K in Nangarhar province, Afghanistan in August. Photo: Xinhua via Getty Images

U.S. intelligence believes ISIS-K has the "intent" to eventually launch attacks outside of Afghanistan and could be capable of doing so "somewhere between six or 12 months," a top Pentagon official told senators Tuesday.

Why it matters: The U.S. withdrawal and subsequent Taliban takeover of Afghanistan has raised fears that terrorist groups will reconstitute and potentially pose a renewed threat to the U.S. homeland.

Exclusive: Billionaires back new media firm to combat disinformation

Illustration: Aïda Amer/Axios

A new public benefit corporation backed by billionaires Reid Hoffman, George Soros, and others is launching Tuesday to fund new media companies and efforts that tackle disinformation.

Why it matters: Good Information Inc. aims to fund and scale businesses that cut through echo chambers with fact-based information. As part of its mission, it plans to invest in local news companies.

Dan Primack, author of Pro Rata
2 hours ago - Economy & Business

Scoop: Sequoia Capital just blew up the VC fund model

Illustration: Aïda Amer/Axios

Sequoia Capital, one of the world's oldest and most successful venture capital firms, is forming a single fund to hold all of its U.S. and European investments, including stakes in publicly-traded companies, Axios has learned.

Why it matters: Venture capital is the money of innovation, but the industry itself rarely innovates. This is a radical exception.

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