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Trump claims TikTok will be banned if not sold by Sept. 15

President Trump said Monday that TikTok will be shut down in the U.S. if it hasn't been bought by Microsoft or another company by Sept. 15.

Why it matters: Trump appears to have backed off his threat to immediately ban TikTok after speaking with Microsoft CEO Satya Nadella, who said Sunday that the company will pursue discussions with TikTok’s parent company ByteDance to purchase the app in the U.S.


The big picture: TikTok has come under intense scrutiny in the U.S. due to concerns that the vast amounts of data it collects could be accessed by the Chinese government, potentially posing a national security threat.

  • Negotiations between TikTok and Microsoft will be overseen by a special government panel called the Committee on Foreign Investment in the United States (CFIUS), Reuters reports.

What he's saying: Trump appeared to suggest on Monday, without elaborating, that Microsoft would have to pay the U.S. government in order to complete the deal. He also argued that Microsoft should buy all of TikTok, not just 30% of the company.

  • "I don't mind if, whether it's Microsoft or somebody else, a big company, a secure company, a very American company, buy it. It's probably easier to buy the whole thing than to buy 30% of it. How do you do 30%? Who's going to get the name? The name is hot, the brand is hot," Trump said.
  • "A very substantial portion of that price is going to have to come into the Treasury of the United States. Because we're making it possible for this deal to happen. Right now they don't have any rights, unless we give it to them. So if we're going to give them the rights, it has to come into this country. It's a little bit like the landlord/tenant," he added.

Our thought bubble, via Axios' Dan Primack: Trump's inexplicable claim that part of Microsoft's purchase price would have to go to the Treasury is skating very close to announcing extortion.

Democrats demand Trump release his tax returns after explosive NYT report

Democrats called President Trump to disclose his tax returns following a New York Times report that he allegedly paid $750 in federal income taxes in 2016 and 2017, and nothing in 10 of the past 15 years.

Details: Trump said the report was "total fake news," that he's unable to release the returns as they're "under audit" by the IRS, "which does not treat me well." House Speaker Nancy Pelosi (D-Calif.) said in a statement the report "provides further evidence of the clear need" for a House lawsuit to access the tax returns and "ensure the presidential audit program is functioning effectively, without improper influence."

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Former Trump campaign manager Brad Parscale hospitalized

Police responded to a home owned by former Trump campaign manager Brad Parscale in Fort Lauderdale Sunday evening after his wife called to say he "had guns and was threatening to harm himself," officers confirmed to the Sun Sentinel.

Details: Fort Lauderdale Police Chief Karen Dietrich told the news outlet Parscale was taken to a hospital without incident. He "went willingly under Florida’s Baker Act, which allows police to detain a person who is potentially a threat to himself or others,” per the Sun Sentinel.

Trump campaign spokesperson Tim Murtaugh told Axios: "Brad Parscale is a member of our family and we all love him. We are ready to support him and his family in any way possible."

  • Axios has contacted Fort Lauderdale for comment.

Wine country blaze prompts evacuation orders as California endures "critical" fire conditions

Firefighters in the western U.S. were facing "critical fire weather conditions," as a rapidly spreading new wildfire in Northern California prompted fresh evacuations Sunday.

Why it matters: Wildfires have burned a record 3.6 million acres in California this year, killing 26 people and razing over 7,600 structures, per Cal Fire. Utility provider Pacific Gas & Electric cut power to 11,000 customers early Sunday and planned outages for 54,000 others later in the day because of fire risks.

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TikTok beats Trump in court, ban won't take effect

A federal court judge on Sunday granted TikTok's request for a temporary restraining order against a ban by the Trump administration.

Why it matters: American will be able to continue downloading one of the country's most popular social media and entertainment apps. At least for now.

Go deeper: WH pushes to uphold TikTok ban

New York Times: Trump paid $750 in federal income taxes in 2016 and 2017

The New York Times has obtained more than two decades worth tax-return data from Trump and the companies that make up his business, writing in an explosive report that the documents "tell a story fundamentally different from the one [the president] has sold to the American public."

Why it matters: The Times' bombshell report, published less than seven weeks before the presidential election, lays bare much of the financial information Trump has long sought to keep secret — including allegations that he paid $750 in federal income taxes in 2016 and 2017, and has over $300 million in personal debt obligations coming due in the next four years.

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How Trump, Biden plan to score at Tuesday's debate

President Trump has been practicing with flashcards and prepping with former New Jersey Gov. Chris Christie before Tuesday's presidential debate

Behind the scenes: Top aides tell Axios he's been testing his attacks on the campaign trail for weeks, seeing what ignites his crowds or falls flat. One of the biggest themes Trump plans to drive home is his "tough guy" persona, which advisers see as an advantage with voters in key states.

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GOP fears Democrats will attack Amy Coney Barrett as insensitive to “the little guy"

White House aides and Senate Republicans have spent the past week readying binders full of messaging and rebuttals to guide Judge Amy Coney Barrett to a pre-Nov. 3 confirmation. "We knew for days it was going to be Amy," a Senate GOP aide involved in her confirmation process told Axios.

What we're hearing: Beyond the expected questions about her views on religion, abortion and health care, Republicans worry about Democrats painting Barrett as someone who is insensitive and unfair to “the little guy,” one source involved in the talks told Axios.

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Debate commission co-chair: We don't expect moderators to fact-check candidates

Presidential Debate Commission co-chair Frank Fahrenkopf Jr. said Sunday he doesn't expect Fox News anchor Chris Wallace or any of the other moderators to fact-check President Trump or former Vice President Joe Biden at the debates.

What he's saying: "There's a vast difference between being a moderator in a debate and being a reporter who is interviewing someone." Fahrenkopf Jr. said on CNN's "Reliable Sources."

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