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Members of the National Guard stand behind a barbed wire fence permitter surrounding the U.S. Capitol before sunrise on March 4. Photo: Sarah Silbiger/Getty Images

Security at the Capitol fortified in the wake of the Jan. 6 insurrection will soon be scaled back as there's now no "known, credible threat" against Congress, House Speaker Nancy Pelosi (D-Calif.) announced Monday.

Driving the news: Pelosi wrote to Democrats that following recommendations made Monday in a letter by the Acting House Sergeant at Arms and a Capitol security report "alterations to the temporary fencing around the Capitol will soon be made, and the National Guard presence will also begin to draw down."

  • Capitol Police "will continue to monitor the threat posture, and plans will be adjusted if and as needed," Pelosi added.

For the record: The Capitol Security Review report notes that the current, temporary security fence "requires significant personnel resources to monitor its entire length."

  • "As the fencing comes down, we recommend it be replaced with a mobile fencing option that is easily erected and deconstructed and an integrated, retractable fencing system in the long term to secure both the Capitol Building and Congressional office buildings," the report states.
  • "Such a solution could enable an open campus while giving security forces better options to protect the complex and its Members should a threat develop."

What to watch: Pelosi noted in her letter that a "remaining priority" was to move forward with an outside 9/11-type Commission to "investigate and report on the facts and causes relating to the January 6 domestic terrorist attack upon the Capitol Complex… and relating to the interference with the peaceful transfer of power."

  • Pelosi attached a discussion draft in her letter, which she sent to Republican leadership with a request for feedback last month. 
  • She added it's essential to proceed in a bipartisan way and that lawmakers must "get to the truth" of how the Capitol riots happened to ensure it didn't happen again. 
  • Pelosi's office did not immediately respond to Axios' request for comment on the timeline of the Capitol security changes.

Read the full Capitol security report, via DocumentCloud:

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The startup that wants to disrupt big internet providers

Maura Losch/Axios

A new startup backed by funding from AOL founder Steve Case and Laurene Powell Jobs wants to break up broadband monopolies across the country.

Why it matters: Internet access has been crucial during the pandemic, but it's not ubiquitous, and it can be both slow and unaffordable in swaths of the country.

1 hour ago - World

Top general: China's hypersonic missile test "very close" to a "Sputnik moment"

Gen. Mark Milley. Photo: Rod Lamkey-Pool/Getty Images

Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, warned Wednesday that China's test of a hypersonic missile is "very concerning" and "very close" to the kind of "Sputnik moment" that triggered the Space Race during the Cold War.

Why it matters: The comments by America's top uniformed general underscore the depths of U.S. concerns about China's rapid military expansion and development of advanced weaponry.

Climate reckoning for oil and gas CEOs

Illustration: Aïda Amer/Axios

Top executives from ExxonMobil, BP, Chevron and Shell will face a reckoning on Capitol Hill Thursday, as they're grilled on evidence that their companies knew for years that their products were driving climate change but chose to downplay or deny it.

Why it matters: The hearing before the House Oversight Committee will be the first time these executives have been brought together to provide sworn testimony regarding what they knew about the ties between their company's products and climate change, and when they knew it.