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Wisconsin Republican Gov. Scott Walker and President Trump. Photo: Scott Olson/Getty Images

Caleb Frostman handed Wisconsin Democrats a major victory in Tuesday night's special state Senate election, flipping a solid red seat in a district President Trump won by double digits in 2016.

Why it matters: This is the 44th Republican state legislative seat Democrats have flipped since President Trump took office, according to the Democratic Legislative Campaign Committee.

The bigger picture: While Republicans held onto another vacant seat in the Wisconsin legislature's lower chamber, Democrats managed a repeat of the January special election when they flipped a district that had long been held by Republicans since 2000 and won by Trump.

  • Flashback: Republican Gov. Scott Walker called the earlier victory "a wake up call for Republicans." Liberals later won a 10-year seat on the Wisconsin Supreme Court in April, pushing Walker to admit there was a "risk of a #BlueWave in WI."

The backdrop: This comes after the National Democratic Redistricting Committee, a group led by former Attorney General Eric Holder, successfully sued Walker, who refused to call a special election to fill two legislative seats vacated by Republicans who joined his administration last December.

  • Wisconsin is one of many key states Holder's group is targeting as part of a broader effort to scale back Republicans’ sweeping control of the redistricting process ahead of the 2020 census. Republicans there control both legislative chambers — 18-14 in the Senate and a firmer 63-35 in the Assembly.
  • Frostman will be on the ballot again in November for the general election.

Go deeper

Justice Department drops insider trading inquiry against Sen. Richard Burr

Sen. Richard Burr (R-N.C.) walking through the Senate Subway in the U.S. Capitol in December 2020. Photo: Stefani Reynolds/Getty Images

The Department of Justice told Sen. Richard Burr (R-N.C.) on Tuesday that it will not move forward with insider trading charges against him.

Why it matters: The decision, first reported by the New York Times, effectively ends the DOJ's investigation into the senator's stock sell-off that occurred after multiple lawmakers were briefed about the coronavirus' potential economic toll. Burr subsequently stepped down as chair of the Senate Intelligence Committee.

Netflix tops 200 million global subscribers

Illustration: Rebecca Zisser/Axios

Netflix said that it added another 8.5 million global subscribers last quarter, bringing its total number of paid subscribers globally to more than 200 million.

The big picture: Positive fourth-quarter results show Netflix's resiliency, despite increased competition and pandemic-related production headwinds.

Janet Yellen plays down debt, tax hike concerns in confirmation hearing

Treasury Secretary nominee Janet Yellen at an event in December. Photo: Alex Wong via Getty Images

Janet Yellen, Biden's pick to lead the Treasury Department, pushed back against two key concerns from Republican senators at her confirmation hearing on Tuesday: the country's debt and the incoming administration's plans to eventually raise taxes.

Driving the news: Yellen — who's expected to win confirmation — said spending big now will prevent the U.S. from having to dig out of a deeper hole later. She also said the Biden administration's priority right now is coronavirus relief, not raising taxes.

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