President Trump announced on Wednesday that Bill Stepien will take over as his new 2020 campaign manager.

Why it matters: The elevation of Stepien is a demotion for Brad Parscale, Trump’s existing campaign manager. Parscale was hand-picked by Jared Kushner, the president’s adviser and son-in-law. He had been in the role longer than any of Trump’s previous campaign managers.

• The shake-up comes as Trump’s status as the incumbent weakens in the face of the coronavirus pandemic, The New York Times writes.