Redfield's Dire Outlook, Cybersecurity Stocks, Bond Spreads, Growth Stalling?

Redfield's Dire Outlook, Cybersecurity Stocks, Bond Spreads, Growth Stalling?

At some point, there will be a fiscal support package passed -- but only when both sides think they can take the credit.

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  • Meet the other American who was impeached and tried after leaving office

    First Read is your briefing from "Meet the Press" and the NBC Political Unit on the day's most important political stories and why they matter.

  • Biden to Sign New Round of Executive Orders on Abortion, Immigration

    President Biden will sign a fresh round of executive orders during his first full week in office, including actions loosening restrictions around abortion and immigration. Biden will issue and order to rescind the Mexico City policy, which prohibits U.S. funding for foreign organizations that perform or promote abortions. The administration also dodged last week on whether Biden plans to scrap the Hyde Amendment, which bars taxpayer funding of elective abortions under Medicaid. On immigration, Biden plans to establish a task force focused on reuniting migrant families who were separated as a result of the Trump administration’s “zero tolerance” policy, according to a memo outlining the upcoming executive actions obtained by The Hill. Biden will order an immediate review of the public-charge rule, which denies U.S. entry to migrants considered likely to become dependent on the government. The president also plans to roll back Trump administration policies on asylum and take “other actions to remove barriers and restore trust in the legal immigration system, including improving the naturalization process.” At the same time, Biden will take a page from the Trump administration’s playbook and sign an order directing federal agencies to tighten requirements on buying goods and services made in America from American businesses. Trump signed a similar directive during his first months in office. The president will also sign orders related to racial equity, including establishing a commission on police and bringing back Obama-era rules on transferring military-style equipment to local law enforcement. Another order will direct the Justice Department to improve prison conditions and begin the process of eliminating private prisons. Biden may also sign an order reversing a ban on transgender troops serving in the military. On climate change, Biden is expected to sign an order installing regulations to “combat climate change domestically and elevate[] climate change as a national security priority.”

  • California lifts virus stay-at-home orders, curfew statewide

    California lifted regional stay-at-home orders across the state Monday in response to improving coronavirus conditions, returning the state to a system of county-by-county restrictions. The order had been in place in the San Francisco Bay Area, San Joaquin Valley and Southern California, covering the majority of the state's counties.

  • Police car in Tacoma, Washington, smashes through crowd watching street racers

    Tacoma Police spokeswoman Wendy Haddow said police were alerted to the street racers and a 100-person crowd blocking area streets, according to the News Tribune. When the patrol car responded, the crowd began pounding on the vehicle's windows, she told local media. “He was afraid they would break his glass,” Haddow told the News Tribune, saying the officer sped away from the scene for his own safety.

  • Dominion files $1.3 billion defamation lawsuit against Rudy Giuliani

    Dominion Voting Systems filed a defamation lawsuit against Rudy Giuliani on Monday seeking $1.3 billion in damages for his "demonstrably false” allegations about the company's voting machines, the New York Times reports.Why it matters: Giuliani led former President Trump's efforts to overturn the results of the election and spread the baseless conspiracy theory that Dominion's voting machines flipped votes from Trump to Joe Biden.Support safe, smart, sane journalism. Sign up for Axios Newsletters here. * Another one of Trump's allies, Sidney Powell, is also facing a defamation lawsuit for falsely claiming that Dominion was part of an international communist plot to rig the election. * The lawsuit against Giuliani is based on more than 50 statements he made at hearings, on Twitter, on his podcast and in media appearances, including after Dominion sent him a legal notice calling on him to stop, according to the Times.This story is breaking news. Please check back for updates.Get smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here.

  • 33 missing children rescued in Los Angeles trafficking operation

    One person suspected of human trafficking was arrested on state charges during "Operation Lost Angels," the FBI said.

  • The Senate is effectively deadlocked over McConnell's filibuster demand

    Senate Democrats are drawing a line at Senate Minority Leader Mitch McConnell's (R-Ky.) demand that a power-sharing agreement in the 50-50 Senate include a pledge to retain the legislative filibuster. "If we gave him that, then the filibuster would be on everything, every day," Sen. Richard Durbin (D-Ill.) told NBC's Chuck Todd on Sunday's Meet the Press. Senate Majority Leader Chuck Schumer (D-N.Y.) offered McConnell "word for word" the same power-sharing agreement used in the first half of 2001, and McConnell's insistence on adding the filibuster pledge is "a non-starter."But until Schumer and McConnell reach agreement on the Senate's operating rules, Republicans still retain much of the majority they lost last Wednesday."Without an organizing accord, Republicans remain in the majority of most Senate committees," and "veteran Democrats eager to seize the gavels and advance their long dormant agendas can only wait and wonder," The Washington Post explains. "Newly sworn-in Democratic senators cannot get committee assignments until an organizational deal is struck," leaving the old GOP-majority structures in place, and "Democrats can't unilaterally impose an organizing agreement because they would need Republican support to block a filibuster."The filibuster has evolved into a sclerotic de facto requirement for a 60-senator supermajority on all legislation. Frustration with obstruction by the minority led Senate Democrats to end the filibuster for some presidential appointees and lower-court judges in 2013, and McConnell continued eroding the filibuster as majority leader, killing it for Supreme Court nominees and further easing the confirmation of presidential appointees.A handful of Democratic centrists would prefer to keep the filibuster — for now. But there is mounting pressure from inside and outside the chamber. "There is absolutely no reason to give Sen. McConnell months and months to prove what we absolutely know — that he is going to continue his gridlock and dysfunction from the minority," said Eli Zupnick, a spokesman for the anti-filibuster liberal coalition Fix Our Senate.More stories from theweek.com Trump must be prosecuted Josh Hawley knows exactly what he's doing 5 scathingly funny cartoons about Biden's COVID-19 push

  • Joe Biden stops motorcade on return from church to buy bagels from trendy bakery

    First family orders sesame bagels with cream cheese

  • China says U.S. military in South China Sea not good for peace

    The United States often sends ships and aircraft into the South China Sea to "flex its muscles" and this is not good for peace, China's Foreign Ministry said on Monday, after a U.S. aircraft carrier group sailed into the disputed waterway. The strategic South China Sea, through which trillions of dollars in trade flows each year, has long been a focus of contention between Beijing and Washington, with China particularly angered by U.S. military activity there. The U.S. carrier group led by the USS Theodore Roosevelt and accompanied by three warships, entered the waterway on Saturday to promote "freedom of the seas", the U.S. military said, just days after Joe Biden became U.S. president..

  • 'Traitors get shot': Texas man arrested over Capitol riots after his son tipped off FBI

    A Texan teenager who tipped off the FBI about his father's alleged involvement in the Capitol riots said he would "do it again", despite claiming his father threatened to shoot him for being a "traitor". Jackson Reffitt, 18, said he felt a moral obligation to report his father to the authorities after watching him participate in the violent riots on live TV. His father, Guy, 48, was arrested at his home in Wylie, Texas on January 16 and faces charges of obstruction of justice and knowingly entering a restricted building. According to court documents, Mr Reffitt had allegedly threatened his wife and children, saying: “If you turn me in, you’re a traitor and you know what happens to traitors … traitors get shot”. The younger Mr Reffitt said he was "afraid" of what his father might think of him, but told local station Fox 4 that he had acted according to his "moral compass".

  • AP source: Lawmakers threatened ahead of impeachment trial

    Federal law enforcement officials are examining a number of threats aimed at members of Congress as the second trial of former President Donald Trump nears, including ominous chatter about killing legislators or attacking them outside of the U.S. Capitol, a U.S. official told The Associated Press. The threats, and concerns that armed protesters could return to sack the Capitol anew, have prompted the U.S. Capitol Police and other federal law enforcement to insist thousands of National Guard troops remain in Washington as the Senate moves forward with plans for Trump's trial, the official said Sunday.

  • Woman wanted on 74 charges of child sex abuse extradited to Australia

    Israeli authorities on Monday extradited a former teacher accused of sexually abusing her former students in Australia, capping a six-year legal battle that had strained relations between the two governments and antagonized Australia's Jewish community.

  • Supreme Court declines to take up pandemic restrictions on worship services

    Since the pandemic began, the court has shifted ground on deferring to state restrictions intended to slow the spread of the virus.

  • Biden's latest executive order will require the federal government to "buy American"

    President Joe Biden will continue his flurry of executive orders on Monday, signing a new directive to require the federal government to “buy American” for products and services. Why it matters: The executive action is yet another attempt by Biden to accomplish goals administratively without waiting for the backing of Congress. The new order echoes Biden's $400 billion campaign pledge to increase government purchases of American goods.Be smart: sign up FREE for the most influential newsletter in America.What they're saying: "President Biden is ensuring that when the federal government spends taxpayer dollars they are spent on American made goods by American workers and with American-made component parts," the White House said in a fact sheet.The big picture: Biden’s action kick offs another week in which the president will seek to undo many Trump policies with executive actions, while signaling the direction that he wants to take the country. * Biden will also reaffirm his support for the Jones Act, which requires maritime shipments between American ports to be carried on U.S. vessels. * Last week, Biden signed an order to attempt to raise the minimum wage for federal contractors and workers to $15 an hour.The bottom line: Former President Trump also attempted to force the federal government to rely on U.S. manufacturers for procurement with "buy American" provisions. * But supply chains — with some parts and components made outside of the U.S. — require long and complicated efforts to boost domestic manufacturing. Support safe, smart, sane journalism. Sign up for Axios Newsletters here.

  • U.S. appeals court upholds prison sentences for men who plotted to bomb Kansas Somalis

    Curtis Allen, Gavin Wright and Patrick Eugene Stein were found guilty by a jury in the Kansas U.S. district court in 2018 of conspiring to use a weapon of mass destruction and violating the civil rights of Muslims living in the Garden City housing complex. In January 2019, U.S. District Judge Eric Melgren sentenced Allen to 25 years in prison, Wright to 26 years and Stein to 30 years.

  • Republican split widens as Donald Trump intervenes in party elections in Arizona

    The acrimonious split within Republican ranks widened over the weekend as Donald Trump made his foray back into politics, backing the re-election of a hard-line supporter as chair of the party in Arizona. His wholehearted support for Kelli Ward was seen by allies as the former president firing a warning shot across the bows of any Republican senators considering backing his impeachment. Underlining Mr Trump’s grip on the Republican grassroots, the Arizona party also voted to censure John McCain’s widow, Cindy, former senator Jeff Flake and governor Doug Ducey, who refused to back the former president’s claims of election fraud. Mr Trump’s intervention came amid reports that he is considering setting up a “Patriot Party” which would spearhead primary challenges to his opponents in the 2022 mid-term elections. The former president has already amassed a massive war chest with his Save America political action committee declaring last month that it had raked in $207.5 million in donations.

  • Ex-VA doctor who misdiagnosed patient sentenced to prison

    A former pathologist at an Arkansas veterans hospital has been sentenced to 20 years in federal prison after pleading guilty last year to involuntary manslaughter in the death of a patient he misdiagnosed. Robert Morris Levy, 54, of Fayetteville was sentenced Friday in federal court. Prosecutors said Levy diagnosed a patient with lymphoma when the patient actually had a small-cell carcinoma.

  • Sanders says Democrats will push coronavirus relief package through with simple majority

    Sen. Bernie Sanders (I-Vt.), incoming chair of the Senate Budget Committee who caucuses with the Democrats, told CNN's "State of the Union" on Sunday that Democrats plan to push a coronavirus relief package through the chamber with a simple majority vote. Why it matters: "Budget reconciliation" would allow Democrats to forgo the Senate's 60-vote requirement and could potentially speed-up the next relief package for millions of unemployed Americans. Democrats hold the the 50-50 split in the Senate with Vice President Kamala Harris serving as the tie-breaking vote.Support safe, smart, sane journalism. Sign up for Axios Newsletters here.What he's saying: "What we cannot do is wait weeks and weeks and months to go forward. We have got to act now," Sanders said. * "We're going to use reconciliation — that's 50 votes in the Senate, plus the vice president — to pass legislation desperately needed by working families in this country right now." * When asked if he wants a relief bill passed before former President Trump's impeachment trial begins the week of Feb. 8, he said: "We've got to do everything. This is not — you don't have the time to sit around, weeks on impeachment and not get vaccines into the arms of people."Be smart: sign up FREE for the most influential newsletter in America.

  • Supreme Court wipes out lower court rulings in Texas abortion battle

    The governor ordered a halt to nonessential medical procedures last year, which the attorney general then said applied to "any type of abortions."

  • Youth arrested in Indianapolis shooting deaths of pregnant woman, others

    The youth, who was not identified, was apprehended in a "homicide arrest" a day after the gruesome scene was uncovered by police at about 4 a.m. local time on Sunday, the Indianapolis Metropolitan Police Department said in a statement. Authorities were led to the crime scene by a juvenile male suffering gunshot wounds who was found on the street nearby and may be the only survivor of the violence, police said. The suspect was not identified, and the Marion County Prosecutors Office was still determining charges, police said.