Senators from both parties are rallying around a revised Russia sanctions package to honor the legacy of the late Sen. Lindsey Graham (R-S.C.).Why it matters: Bipartisanship is in short supply in the Senate.

A measure to prevent any State Department funding from going to Israel failed by a decisive margin in a House vote on Wednesday.Why it matters: The vote exposed deep divisions among House Democrats, with even the party's top two leaders taking divergent positions.House Minority Leader Hakeem Jeffries (D-N.Y.) and 97 other Democrats voted against the amendment, along with 215 Republicans.But Minority Whip Katherine Clark (D-Mass.) — along with 102 other Democrats and Rep.

Data: Bureau of Labor Statistics; Chart: Emily Peck/AxiosInflation fell in June, on the back of lower energy prices, the government said Tuesday.Why it matters: It's the largest one-month decrease since April 2020, but it may be a short-lived reprieve — the report doesn't account for the sharp increase in oil prices this month as the Iran war re-ignites.U.S. stock futures rallied on the news in Tuesday morning trading.By the numbers: Still, inflation is pretty hot.

Federal Reserve chairman Kevin Warsh told Congress Tuesday that the central bank remains determined to bring inflation back to target, but declined to offer any hint about whether that could require higher interest rates.Why it matters: Warsh is trying to break with the Fed's post-financial crisis habit of telegraphing its next move, leaving investors with fewer clues about where policy is headed.What they're saying: "The 63 months of inflation above target has been an unfair...

Map: Axios VisualsJohan Sebastián Guerrero, who was shot to death in Maine, is the latest in a string of people killed by federal immigration authorities since President Trump launched a nationwide immigration crackdown in his second term.The big picture: Federal officers have been involved in a string of violent encounters with motorists, protestors and bystanders as Trump's harsh immigration tactics collide with public backlash.Driving the news: Guerrero in Maine and Lorenz...

A public dispute between New Mexico's attorney general and the U.S.

President Trump gave Saudi Crown Prince Mohammed Bin Salman (MBS) his support for a highly unusual military action against the Iran-backed Houthis in Yemen, according to two U.S. officials. Why it matters: The Saudi strike on the Sanaa airport Monday and Houthi retaliatory missile attacks that followed were the most serious cross-border escalation since 2022. They could signal the collapse of a four-year, unofficial truce between the parties.

Acting Attorney General Todd Blanche declined Wednesday to explicitly rule out deploying federal agents to polling places, saying only that he would "follow the law."Why it matters: Lawsuits challenging the Trump administration's use of federal agents near polling places are setting up a legal fight over whether those deployments violate federal protections against voter intimidation. What they're saying: When Sen.

Vice President JD Vance said the Trump administration "mishandled" last year's release of the Epstein files during an appearance on "The Joe Rogan Experience."Why it matters: Vance's comments are among the clearest public acknowledgments yet from the Trump administration that the Epstein files release became a major political liability.Many noted at the time that the Epstein files release was done alongside clumsy messaging and puzzling redactions — fueling sustained politica...

Europe must take "concrete actions" to rein in its enforcement of laws that disproportionately hit American tech companies, U.S. Trade Representative Jamieson Greer said at Axios House D.C.

President Trump is decimating both Grand Staircase-Escalante and Bears Ears national monuments.Why it matters: Monday's orders reduce protections on nearly 3 million acres in southern Utah, affecting more than 90% of each monument's area.Driving the news: Grand Staircase-Escalante will lose nearly 1.7 of its 1.87 million acresBears Ears' 1.36 million acres will be reduced to about 121,000.The big picture: The cuts are far more drastic than in 2017, when Trump eliminated almos...

The prolonged absences of Rep. Tom Kean Jr. (R-N.J.) and Sen.

House Speaker Mike Johnson is in an uncomfortably familiar spot: under pressure from President Trump, under fire from members and under the gun to advance a reconciliation bill in just a few days.Why it matters: Johnson (R-La.) is trying to tee up a final party-line legislative package before the midterms, but Republicans remain divided over the contents of the bill and the strategy behind it.GOP leaders are assembling a narrow framework that would include roughly $67 billion...