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Alibaba's founder makes near-Trumpian promise

Jack Ma, the billionaire founder of China's biggest online shopping site, Alibaba, was practically Trumpian in promising that his company can help support 1 million American jobs by helping U.S. companies sell to Chinese consumers.

A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.

Our take: Jack Ma might have the best of intentions, but the biggest hurdle for small businesses selling in China is the Chinese government, not the lack of a website. Everything from registering a Chinese subsidiary to gaining product approval can be prohibitively burdensome for small U.S. businesses.

By the way: Trump likely didn't help his cause in greasing the wheels to China for U.S. businesses by courting the Taiwanese.

Go deeper

Ursula Perano
14 mins ago - Politics & Policy

Capitol repairs, security top $30M since Jan. 6 attacks

Photo: Bill Clark/CQ-Roll Call, Inc via Getty Images

The Architect of the Capitol Brett Blanton on Wednesday said that repairs and security expenses related to the Jan. 6 insurrection have already cost more than $30 million.

The state of play: Congressional appropriations committees have allocated the $30 million for repairs and perimeter fencing around the Capitol building through March 31, per NPR.

Go deeper (1 min. read)Arrow
Sarah Mucha
Updated 3 hours ago - Politics & Policy

White House stands by imperiled Tanden nomination after Senate panel postpones hearing

Neera Tanden. Photo: Anna Moneymaker/The New York Times/Bloomberg via Getty Images

The Senate Homeland Security Committee is postponing a confirmation hearing scheduled Wednesday for Neera Tanden, Axios has learned, a potential death knell for President Biden's nominee to lead the Office of Management and Budget.

The latest: Asked Wednesday afternoon whether Tanden has offered to withdraw her nomination, Psaki told reporters, "That’s not the stage we’re in." She noted that it's a "numbers game" and a "matter of getting one Republican" to support the nomination.

Go deeper (1 min. read)Arrow
Ursula Perano
3 hours ago - Politics & Policy

Acting Capitol Police chief: Officers were unsure of lethal force rules on Jan. 6

Photo: Chip Somodevilla/Getty Images

Acting U.S. Capitol Police Chief Yogananda Pittman wrote in prepared remarks for a House hearing on Thursday that officers in her department were "unsure of when to use lethal force" during the Jan. 6 insurrection.

Why it matters: Capitol Police did deploy lethal force on Jan. 6 — shooting and killing 35-year-old Ashli Babbit — but have faced questions over why officers appeared to be less forceful against pro-Trump rioters than participants in previous demonstrations, including those over Black Lives Matter and now-Supreme Court Justice Brett Kavanaugh.

Go deeper (1 min. read)Arrow

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