President Trump and first lady Melania Trump speak yesterday to children calling in to NORAD's Santa Tracker. (AP's Carolyn Kaster)

While you enjoyed your family, eggnog and gifts from Santa, the news cycle kept on rolling with more tweets from Trump, deadly natural disasters and company wars for attention.

Here's your post-holiday briefing:

  1. Wishful thinking: Yesterday, the president doubled down on his claim from last week that tax cuts "essentially" end the Affordable Care Act, which isn't exactly true. Still, the administration has used regulations to expand access to inexpensive, short-term plans that cover less while eliminating the individual mandate.
  2. Silicon Valley feeling the heat: Some on Capitol Hill are digging into the idea that companies like Facebook and Google have designed products with the intention of getting and keeping consumers addicted. Policymakers no longer assume that Silicon Valley is acting in the best interests of their users, or society at large. But the real reckoning would come if that skepticism spreads to their hundreds of millions of users.
  3. Deadly fires: Authorities confirmed that 37 people died in a mall fire that broke out over the weekend in Davao City in The Philippines. The victims were all call center employees of Research Now Survey Sampling International. Some context: Davao City is the hometown of controversial Philippine President Rodrigo Duterte. He was the city's mayor prior to becoming president and still maintains a home there.
  4. No competition: The Russian opposition leader — and the only person who could credibly challenge Vladimir Putin in next year's presidential election — has been barred from running after being convicted of embezzlement earlier this year, despite a similar 2013 verdict being overturned by the European Court of Human Rights.
  5. Penny pinching: The U.S. negotiated a $285 million reduction in its funding to the United Nations as part of the international body's 2018–2019 budget. Remember, Nikki Haley threatened to pull U.S. funding from the UN after the General Assembly voted against President Trump's decision to recognize Israel as Jerusalem's capital Thursday.
  6. Let them drill: The Trump administration is proposing revisions that would roll back some safety measures that were installed after the Deepwater Horizon oil spill in 2010, which would save an estimated $900 million in the next decade. One change: eliminating the word "safe" from one section of the rule.
  7. Schumer vs. Trump: Senate Minority Leader Charles Schumer called President Trump "Scrooge to the poor" on Sunday in response to Trump reportedly telling friends at Mar-a-Lago they "just got a lot richer" with the passage of the GOP tax plan.
  8. Competing for sports fans: Building to a five-game lineup, the NBA has steadily tried to compete with the NFL's Thanksgiving Day viewership with Christmas Day games. In 2016, the NFL saw nearly 30 million viewers per game on Thanksgiving, while the NBA only attracted about 5 million people on Christmas. But we've also seen NFL viewership dwindle ever since the national anthem controversy.
  9. Goodbye, tree: The White House plans to cut down the oldest tree on the White House grounds — a 200-year-old magnolia. Specialists have said that the tree is too old and damaged to be helped and that "without the extensive cabling system, the tree would have fallen years ago."

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Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting — McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.

Report: Goldman to settle DOJ probe into Malaysia's 1MDB for over $2B

Illustration: Lazaro Gamio/Axios

Goldman Sachs has agreed with the Department of Justice to pay over $2 billion for the bank's role in Malaysia's multi-billion dollar scandal at state fund 1MDB, Bloomberg first reported.

Why it matters: The settlement, expected to be announced within days, would allow Goldman Sachs to avoid a criminal conviction in the U.S. over the bribery and money laundering scandal that saw three of its former bankers banned for life from the banking industry by the Federal Reserve Board.

Trump threatens to post "60 Minutes" interview early after reportedly walking out

Trump speaks to reporters aboard Air Force One, Oct. 19. Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted on Tuesday that he was considering posting his interview with CBS' "60 Minutes" prior to airtime in order to show "what a FAKE and BIASED interview" it was, following reports that he abruptly ended the interview after 45 minutes of taping.

Why it matters: Trump has escalated his war on the media in the final stretch of his re-election campaign, calling a Reuters reporter a "criminal" this week for not reporting on corruption allegations about Hunter Biden and disparaging CNN as "dumb b*stards" for the network's ongoing coronavirus coverage.