Axios

The euro fell to a 17-month low against the dollar on Monday as political and fiscal worries rattled European markets.

Why it matters: Rising borrowing costs and political instability are reviving concerns about strains within the eurozone — and whether the European Central Bank may eventually have to step in.

Dennis Hastert, the longest-serving Republican House speaker in U.S. history who later admitted to sexually abusing several teenage boys, died Saturday at 84.

The big picture: Hastert was the highest-ranking elected official in U.S. history to serve time in federal prison, and Congress still conducts business under an unwritten rule named after him.

President Trump's economic officials acknowledge that a strong economy alone will not persuade Americans that they are better off under this president.

Why it matters: The administration is trying to avoid what it sees as a Biden-era mistake: touting strong economic data while Americans are still reeling from a historic run-up in prices to which Trump's policies have contributed.