Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Sarah Grillo/Axios

The immunity deal for the Trump organization's chief financial officer leaves no doubt: This has been, unequivocally, the worst week of Donald Trump's presidency.

Why it matters: For the first time, I’m hearing real fear and concern in the voices of Trump allies. 

The big picture: The warning lights of growing legal jeopardy are flashing red. His former lawyer and campaign manager are going to jail, the lawyer has implicated him in a federal crime, and now his CFO and the head of the National Enquirer have been given immunity to share what they know.

The latest:

  • Trump organization CFO Allen Weisselberg has been granted immunity to talk to federal prosecutors about the payments former Trump lawyer Michael Cohen made during the 2016 campaign to two women who had affairs with Trump, per the Wall Street Journal.
  • That follows the news of another immunity deal with David Pecker, CEO of American Media, Inc., which publishes The National Enquirer, over the same issue. Pecker was friendly with Trump, and the Associated Press reports that the National Enquirer had a safe with records of damaging stories about Trump that were bought and buried — a practice called "catch and kill."
  • And Cohen's guilty plea set the stage by accusing "Individual-1" — guess who — of ordering him to pay the hush money to keep the women from talking about the affairs. That would be a violation of campaign finance law.

All of this goes way beyond the Robert Mueller investigation. This is now in the hands of federal prosecutors, and they can keep going regardless of what happens with the Russia probe — including, possibly, digging into Trump's business affairs.

  • Unlike Cohen, who was involved in quixotic projects and sleazy side deals to hush up women, Weisselberg has true and deep visibility into the Trump Organization.

What we don't know: The Weisselberg immunity deal might not mean he's ready to spill a lot of secrets. Any good white collar lawyer would request immunity for their client. We don't even know for sure that federal prosecutors are looking for anything in the Trump organization, other than evidence of campaign violations.

  • A top Washington white collar attorney tells me: “Could be really big deal but unclear if it’s limited to past Cohen stuff which culminated in his plea or if it’s ongoing. But clearly prosecutors thought he had something of value in return for giving immunity. There had to be some 'showing' by his counsel to get the immunity.”

The bottom line: Trump's legal peril is getting worse, not better.

Go deeper:

Trump organization CFO Allen Weisselberg gets immunity

David Pecker granted immunity in Cohen investigation

GOP fears Cohen set road to impeachment

Go deeper

Updated 12 mins ago - World

Trudeau's party projected to win minority government in Canada

Canadian Prime Minister Justin Trudeau. Photo: Jeff Vinnick/Getty Images

Canadian Prime Minister Justin Trudeau's Liberal government was reelected for a third term in the country's parliamentary elections, but without a majority, CBC and CTV News projected early Tuesday.

By the numbers: The Liberal Party needed to win 170 seats in the 338-seat House of Commons to form a majority government. Preliminary figures showed the party had won 156 seats just before 1:30a.m. ET, with over 90% of polling stations reporting.

37 mins ago - World

Reports: CIA director's team member reported Havana Syndrome symptoms

Central Intelligence Agency (CIA) director Bill Burns during a House Intelligence Committee hearing in April on Capitol Hill. Photo: Al Drago-Pool/Getty Images

A member of CIA director Bill Burns' team who traveled with him to India this month was treated for "symptoms consistent with Havana syndrome," CNN first reported Monday.

Why it matters: Current and former officials told the New York Times the incident signals a "possible escalation" in the mysterious neurological symptoms affecting as many as 200 Americans who've worked in overseas posts since 2016.

Pelosi's back-to-school math problem

Illustration: Sarah Grillo/Axios

House Speaker Nancy Pelosi (D-Calif.) may need votes from an unlikely source — the Republican Party — if she hopes to pass the bipartisan infrastructure bill by next Monday, as she's promised Democratic centrists.

Why it matters: With at least 20 progressives threatening to vote against the $1.2 trillion bipartisan bill, centrist members are banking on more than 10 Republicans to approve the bill.