The world’s largest hedge fund founder is speaking out on the wealth gap and passing on his longstanding principles to kids. Yahoo Finance's Julia La Roche breaks it down. Zack Guzman & Heidi Chung, along with BigEyedWish Founder and AdWeek's 'I'm with the Brand' host Ian Wishingrad join in on the conversation.
- Yahoo News
Republicans built up QAnon backer Rep. Marjorie Taylor Greene, but now are they afraid of what they created?
On the eve of President-elect Joe Biden’s inauguration, freshman Rep. Marjorie Taylor Greene, the combative Georgia Republican known for her association with QAnon, was back on Twitter after a 12-hour suspension, and back to making waves.
- Yahoo News
Joe Biden was sworn in as the 46th president of the United States in Washington, D.C., Wednesday. In his inaugural address, Biden called for national unity and an end to the "uncivil war." He also signed 17 executive actions, rolling back measures enacted by President Trump.
- Yahoo News
Donald Trump bragged about his tax cuts and attempted to take credit for an anticipated economic boom under President Biden to the smattering of supporters his team was able to corral for the event.
- Associated Press
Two Florida men, including a self-described organizer for the Proud Boys, a far-right extremist group, were arrested Wednesday for taking part in the siege of the U.S. Capitol earlier this month, authorities said. Joseph Biggs, 37, was arrested in central Florida and faces charges of obstructing an official proceeding before Congress, entering a restricted on the groups of the U.S. Capitol and disorderly conduct. According to an arrest affidavit, Biggs was part of a crowd on Jan. 6 that overwhelmed Capitol Police officers who were manning a metal barrier on the steps of the Capitol.
- The Independent
Former first lady seemed delighted to greet members of the Biden family
- NBC News
Patrick Edward McCaughey allegedly told the officer, “Come on man, you are going to get squished, just go home.”
- Yahoo News Video
Alejandro Mayorkas, President-elect Joe Biden’s pick to head the Department of Homeland Security, said during his Senate confirmation hearing that he would execute Biden’s plan to stop building the wall along the U.S.-Mexico border. Mayorkas also said that CBP and ICE play “critical roles” in the federal government and that he wouldn’t abolish them.
- The Week
President Trump has spent the last few days asking his friends, aides, and associates if they would like pardons — even those who are not facing any charges, a senior administration official told The Washington Post.In one case, the official said, Trump offered a pardon to a person who declined the chance at clemency, saying they weren't in any legal trouble and hadn't committed any crimes. "Trump's response was, 'Yeah, well, but you never know. They're going to come after us all. Maybe it's not a bad idea. Just let me know,'" the official recounted.Trump has taken a great interest in pardoning people, the Post reports, even calling families to personally let them know he granted a pardon. A person familiar with the matter told the Post that Trump was talked out of pardoning himself, family members, and controversial figures like Rudy Giuliani. An aide said there was also a brief discussion about possibly issuing pardons related to the Jan. 6 Capitol attack, but that idea went nowhere.While Trump has held a few ceremonial events in recent weeks, journalists have been kept away from the White House, largely because the president is "just not in a place where they would go well," one official told the Post. Trump is constantly flip-flopping, another administration official said, talking about his future but uncertain of where he will be. "He goes between, 'Well, I'm going to go to Florida and play golf, and life is honestly better,' and then in the next moment, it's like, 'But don't you think there's a chance to stay?'" the official said. Read more at The Washington Post.More stories from theweek.com Bernie Sanders steals the inauguration with his grumpy chic outfit Only a sprinkling of Trump supporters showed up at state capitols to protest Biden's inauguration QAnon believers are realizing their entire conspiracy was a hoax as Biden is sworn in
- Associated Press
The Kremlin on Tuesday brushed aside calls from the West to release opposition leader Alexei Navalny, who was arrested upon his return to Russia from Germany following treatment for poisoning with a nerve agent. Moscow called his case “an absolutely internal matter.” Navalny blames his poisoning on President Vladimir Putin's government, which has denied it.
President-elect Joe Biden is expected to sign 15 executive actions upon taking office Wednesday, immediately reversing key Trump administration policies. Why it matters: The 15 actions — aimed at issues like climate change and immigration — mark more drastic immediate steps compared with the two day-one actions from Biden's four predecessors combined, according to incoming White House press secretary Jen Psaki.Get smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here.What they're saying: The actions are the first of many, Psaki said in a news release, as Biden works "to address the four crises that he's laid out" — COVID-19, the economic crisis, racial injustice and climate change. * "In the coming days and weeks we will be announcing additional executive actions that confront these challenges and deliver on the President-elect's promises to the American people," Psaki said, "including revoking the ban on military service by transgender Americans, and reversing the Mexico City policy." Highlights * Moving to rejoin Paris Climate Agreement * Asking the Department of Education to extend student loan relief * An executive order to rescind Keystone XL pipeline permit * Rejoining the World Health Organization * Asking the CDC to "immediately" extend eviction restrictions * Reversing Trump's travel ban on several Muslim-majority countries * Temporarily halting oil and gas leasing in Arctic National Wildlife Refuge * An initiative on advancing racial equity in federal policymakingGo deeper: See the full listSupport safe, smart, sane journalism. Sign up for Axios Newsletters here.
Pat Cowan, a Republican official in west Texas, would rather blow up her party than see it controlled by “weak” Republicans who increasingly are distancing themselves from President Donald Trump since the U.S. Capitol riots he is accused of inciting. “You can’t tell those Republicans from the Democrats!” she scoffed in an interview at her home in Levelland, Texas.
- Associated Press
China imposed sanctions on nearly 30 former Trump administration officials moments after they left office on Wednesday. In a statement released just minutes after President Joe Biden was inaugurated, Beijing slapped travel bans and business restrictions on Trump’s secretary of state, Mike Pompeo, national security adviser Robert O’Brien and U.N. ambassador, Kelly Craft. Others covered by the sanctions include Trump’s economic adviser Peter Navarro; his top diplomat for Asia, David Stilwell; health and human services secretary, Alex Azar; along with former national security adviser John Bolton and strategist Stephen Bannon.
- The Week
President Biden's inaugural address has won some high praise on Fox News.Fox News anchor Chris Wallace on Wednesday praised Biden's "great" inaugural address, going as far as to deem it the best he's ever watched in his life."I thought it was a great speech," Wallace said. "I've been listening to these inaugural addresses since 1961 -- John F. Kennedy, 'ask not.' I thought this was the best inaugural address I ever heard."Biden during his first address as president declared that "democracy has prevailed" and urged unity, saying politics "doesn't have to be a raging fire destroying everything in its path." Wallace noted the speech and the ceremony itself was especially meaningful coming exactly two weeks after a mob of former President Donald Trump's supporters stormed the Capitol building in an attempt to disrupt Congress' certification of the election results."It was a less an inaugural address and more part sermon, part pep talk," Wallace said.The Fox News anchor also called for those in the media to particularly take note of Biden's comment that "there is truth and there are lies, lies told for power and for profit, and each of us has a duty and a responsibility ... to defend the truth and defeat the lies.""Now he's gotta turn words, rhetoric into reality and action," Wallace added. "But I thought it was a great start." > Fox News's Chris Wallace: "This was the best inaugural address I ever heard." pic.twitter.com/W2tauGp5g5> > -- Washington Examiner (@dcexaminer) January 20, 2021More stories from theweek.com Bernie Sanders steals the inauguration with his grumpy chic outfit Clyburn says George W. Bush called him 'the savior' over his Biden endorsement Biden's team reportedly fears the new COVID-19 variant is even worse than they thought
- NBC News
The charges say he was one of the first to enter the building, through a door that was opened by a small group that got in by breaking a window.
- The Independent
‘What happened?’: QAnon followers left upset and angry as conspiracy theory’s ‘storm’ fails to materialise
Followers of QAnon have been left upset and angry in the wake of the apparent collapse of the conspiracy theory. Followers had hoped for mass arrests of their enemies and the final proof that their faith in the unknown person named Q and Donald Trump had not been misplaced. The baseless QAnon theory suggests, without any evidence, that argued that a group of powerful, Satan-worshipping people running a cannibalistic child sexual abuse ring.
- Architectural Digest
Mercedes-Benz’s Hyperscreen, General Motors’ Bright Drop, and Jeep’s Electric Wrangler were among the unveils that turned headsOriginally Appeared on Architectural Digest
- Associated Press
Twelve U.S. National Guard members have been removed from securing President-elect Joe Biden’s inauguration after vetting by the FBI, including two who made extremist statements in posts or texts about the Wednesday event, Pentagon officials said. There were no specific threats to Biden. The officials, a senior intelligence official and an Army official briefed on the matter, did not say which fringe groups the Guard members belonged to or what unit they served in.
"This is also a desire that's shared by other GCC (Gulf Cooperation Council) countries," he said in an interview. Separately, the Qatari government was supporting discussions between Iran and South Korea to secure the release of an oil tanker seized by the Islamic Revolutionary Guards early this month, the foreign minister said. As far as any potential U.S.-Iran talks, he said that Qatar will facilitate the discussions if asked and will support whoever is chosen to do so.
- The Week
Sen. Richard Burr (R-N.C.) said Tuesday that the Justice Department has informed him it will not prosecute him for insider trading, making him the last of five senators known to have been investigated for selling stocks right before the market crashed when the COVID-19 pandemic hit. Burr sold up to $1.7 million worth of stock on Feb. 13, 2020, days after receiving briefings on the emerging coronavirus threat. Burr at the time was chairman of the Senate Intelligence Committee and a member of the Senate health committee.Burr has acknowledged he sold the shares because of the pandemic, but says he was guided solely by public news sources, specifically CNBC's Asia health and science reporting. After the FBI executed a search warrant and seized his cellphone in May, he stepped down as chairman of the Intelligence Committee. Democrats take control of the Senate on Wednesday, and it's unclear if Burr will seek the top GOP slot on either the intelligence or health committees now that the investigation is over.Three of the other senators investigated for possible insider trading — Kelly Loeffler (R-Ga.), James Inhofe (R-Okla.), and Dianne Feinstein (D-Calif.) — were cleared in May. An investigation into Sen. David Perdue (R-Ga.)'s stock trades expanded but then was closed in August, The New York Times reports. Perdue and Loeffler were both defeated in special elections earlier this month and their Democratic successors will be sworn in Wednesday.Burr has already said he plans to step down after his term ends in 2022, but the timing of his exculpation, on the final day of the Trump administration, raised some eyebrows. President Trump was not a fan of Burr, who led a bipartisan investigation into Russia's interference in the 2016 election, though Burr will now sit as a juror in Trump's second impeachment trial.It was always a steep climb for prosecutors to prove criminality in congressional insider trading cases, The Washington Post reports. "The law under which Burr was investigated — the Stock Act, which prohibits members of Congress and other federal officials from trading on information they glean from their government work — has not been used as the basis for a criminal charge since it was passed in 2012."More stories from theweek.com Bernie Sanders steals the inauguration with his grumpy chic outfit Only a sprinkling of Trump supporters showed up at state capitols to protest Biden's inauguration QAnon believers are realizing their entire conspiracy was a hoax as Biden is sworn in
Biden's transition team lawyers have reminded Vice President-elect Kamala Harris' niece, Meena, that she can't profit off her famous aunt's image, after she unveiled a collaboration between her company and Beats By Dre.Why it matters: Following Republican attacks, President-elect Joe Biden pledged that neither his family nor Harris' would profit from their service as president and vice president. Be smart: sign up FREE for the most influential newsletter in America. * While Meena Harris did nothing illegal, it underscored the challenge of keeping relatives in line, and of adhering to the higher ethical standards that the incoming administration has pledged.The backdrop: The specially curated products come in a black box and include a black hoodie emblazoned with the word AMBITIOUS on the front; a Bluetooth speaker with the word PHENOMENAL across it; and the over-ear headphones. * Ambitious refers to the criticism some leveled against Harris — who was a first-term senator — as Biden weighed a variety of female candidates to be his running mate. * Phenomenal is a female-powered lifestyle brand of which Meena Harris is CEO.The spine connecting the two earpieces reads, "The First But Not The Last," an apparent reference to Kamala Harris' becoming the first female vice president. * While the products are not for sale, they were gifted to influencers and celebrities ahead of the inauguration.The team surrounding the incoming vice president was not made aware of the collaboration in advance, people familiar with the situation told Axios. The lawyers followed up and told Meena Harris that she — like anyone else — cannot profit off of Harris' image or likeness once she becomes vice president. * Meena Harris's team did not respond to a request for comment. * Meena is the daughter of Kamala Harris' sister, Maya.Between the lines: The optics of Meena Harris' business ventures are especially challenging after Democrats spent four years criticizing business deals involving President Trump and his children, and after Biden's public pledge to avoid any influence-peddling. * “My son, my family will not be involved in any business, any enterprise that is in conflict with or appears to be in conflict,” he said last year. * In December, lawyers for the presidential transition team started "drafting new rules for the Biden White House that are likely to be more restrictive than the rules that governed the Obama administration," per the Washington Post. The bottom line: Phenomenal has sold several other items inspired by Kamala Harris since Biden announced her as his running mate. * They include a sweatshirt with "MVP" on it, standing for "Madam Vice President," and another with the phrase "I'm speaking" on the front — a nod to a moment when Kamala Harris complained about being interrupted during a vice-presidential debate. * After Kamala Harris received the "too-ambitious" criticism, her niece created and sold a pink sweatshirt with "AMBITIOUS" written on the front. * “I look at her as another figure in history and someone to be celebrated,” she said of her aunt during an interview with the New York Times.Get smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here.