Good Monday afternoon. Today's newsletter, edited by Sam Baker, is 420 words, a 1.5-min. read. Thanks to Sheryl Miller for copy editing.

The MAGA movement erupted in disbelief today after the Trump administration said convicted sex offender Jeffrey Epstein had not blackmailed elite figures, kept a "client list" or been murdered in prison.

• Even declarations from MAGA stalwarts like Kash Patel and Dan Bongino, the top two officials at the FBI, are not enough to placate some adherents to Epstein conspiracy theories, Axios' Tal Axelrod reports.