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Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

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Bakkt CEO on mainstreaming Bitcoin and other digital assets

Dan Primack, author of Pro Rata

Bitcoin exchange and digital wallet company Bakkt announced plans to go public via a SPAC, in a marriage of two of Wall Street's hottest trends.

Axios Re:Cap speaks with new Bakkt CEO Gavin Michael to discuss the company, the deal and if this move will codify cryptocurrencies as part of mainstream American finance.

Go deeper

Fadel Allassan
Jan 14, 2021 - Energy & Environment

U.S. government scientists say 2020 was second-hottest year on record

Photo: David McNew/Getty Images

2020 was the second-hottest year on record, according to an analysis by National Oceanic and Atmospheric Administration scientists.

Why it matters: It's the second year in a row the Earth has experienced near-record heat, offering more evidence of the effects of global warming at the beginning of what could be a critical year for climate policy in the U.S. and around the globe, writes Axios Ben Geman.

Go deeper (<1 min. read)Arrow
Alayna Treene, author of Sneak Peek
1 hour ago - Politics & Policy

Stalemate over filibuster freezes Congress

Illustration: Sarah Grillo/Axios

Senate Majority Leader Chuck Schumer and Mitch McConnell's inability to quickly strike a deal on a power-sharing agreement in the new 50-50 Congress is slowing down everything from the confirmation of President Biden's nominees to Donald Trump's impeachment trial.

Why it matters: Whatever final stance Schumer takes on the stalemate, which largely comes down to Democrats wanting to use the legislative filibuster as leverage over Republicans, will be a signal of the level of hardball we should expect Democrats to play with Republicans in the new Senate.

Go deeper (1 min. read)Arrow
Dave Lawler, author of World
2 hours ago - World

Biden opts for five-year extension of New START nuclear treaty with Russia

Putin at a military parade. Photo: Valya Egorshin/NurPhoto via Getty

President Biden will seek a five-year extension of the New START nuclear arms control pact with Russia before it expires on Feb. 5, senior officials told the Washington Post.

Why it matters: The 2010 treaty is the last remaining constraint on the arsenals of the world's two nuclear superpowers, limiting the number of deployed nuclear warheads and the bombers, missiles and submarines which can deliver them.

Go deeper (1 min. read)Arrow

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