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UAW to resurrect 'Buy American' campaign: That's according to the Detroit Free Press, which quotes UAW leader Dennis Williams saying "No company … can survive without the market of the United States of America," and that it's time Americans started using that power to say "enough is enough." But the problem of identifying what is exactly "American" hasn't gotten any easier since the 1980s during the campaign's heyday. Foreign automakers build much of what they sell in the U.S. here, while American firms are often using Mexican labor for part of their supply chains.

The great American debt machine: CNNMoney published the eye-grabbing headline, "Household debt is dangerously close to 2008 levels," based on New York Fed data showing that consumer debt climbed by $460 billion in 2016, the largest jump in close to a decade. But the debt profile of American consumers is much different today than in 2008, while the income and assets we're holding as collateral have changed too. Mortgage debt increased by 2.8% last year, but that's actually a slower pace than the growth in overall home values, and roughly in line with income growth.

The real drivers of debt of late have been auto and student debt. Though 11.9% of student loans are either delinquent or more than 90 days late, that figure has not been rising in recent months, so no alarms just yet.

Who will run Trump's Fed? Obama-era gridlock has left President Trump the chance to reshape the central bank. There are two open seats on the seven-member board, which serves staggered 14-year terms. Janet Yellen and Vice-chair Stanley Fischer's terms are up at the end of next year. Deustche Bank names four possible choices for the Trump Fed, including monetary hawks John Taylor and John Cochrane. These two would be no-brainers for another Republican, but as Trump has abandoned the strong-dollar policy, it's difficult to see how he could justify choosing these avid interest-rate hikers.

Go deeper

Biden to sign 15 executive actions on Day One

President-elect Joe Biden. Photo: SAUL LOEB/AFP via Getty Images

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.

Off the Rails

Episode 7: Trump turns on Pence

Photo illustration: Eniola Odetunde/Axios. Photos: Elijah Nouvelage, Alex Wong/Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. Axios takes you inside the collapse of a president with a special series.

Episode 7: Trump turns on Pence. Trump believes the vice president can solve all his problems by simply refusing to certify the Electoral College results. It's a simple test of loyalty: Trump or the U.S. Constitution.

"The end is coming, Donald."

The male voice in the TV ad boomed through the White House residence during "Fox & Friends" commercial breaks. Over and over and over. "The end is coming, Donald. ... On Jan. 6, Mike Pence will put the nail in your political coffin."

Big Tech's post-riot reckoning

Photo illustration: Sarah Grillo/Axios. Photo: Tasos Katopodis/Getty Images

The Capitol insurrection means the anti-tech talk in Washington is more likely to lead to action, since it's ever clearer that the attack was planned, at least in part, on social media.

Why it matters: The big platforms may have hoped they'd move to D.C.'s back burner, with the Hill focused on the Biden agenda and the pandemic out of control. But now, there'll be no escaping harsh scrutiny.