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Intelligence directors testify on Capitol Hill. Photo: Saul Loeb / AFP / Getty Images

The big takeaway: The intelligence officials all conceded that the Russians will continue to interfere with U.S. elections through the 2018 mid terms and likely beyond.

Who testified: DNI Dan Coats, FBI Director Chris Wray, CIA Director Mike Pompeo, DIA Director Robert Ashley, NSA Director Mike Rogers, NGA Director Robert Cardillo.

On Russia:

On ISIS:

  • Coats: ISIS remains a threat and will likely focus on regrouping in Iraq and Syria and in ungoverned” regions.

On cybersecurity:

  • Coats: “The United States is threatened by cyberattacks every day…Russia, North Korea, Iran, and China post the greatest threats.”

On Rob Porter:

  • Wray contradicted the White House timeline on Porter's security clearance.
  • On security clearances: Coats told the AP the government's system for granting security clearances is "broken" and needs to be overhauled. Sen. Warner told the intelligence directors the security clearances system needs reforms since it is "hampering your recruitment and retention and costing us millions of dollars in inefficiency."

Go deeper

Senate confirms retired Gen. Lloyd Austin as defense secretary

Photo: Greg Nash-Pool/Getty Images

The Senate voted 93-2 on Friday to confirm retired Gen. Lloyd Austin as secretary of defense. Sens. Mike Lee (R-Utah) and Josh Hawley (R-Mo.) were the sole "no" votes.

Why it matters: Austin is the first Black American to lead the Pentagon and President Biden's second Cabinet nominee to be confirmed.

House will transmit article of impeachment to Senate on Monday, Schumer says

Photo: Drew Angerer/Getty Images

Senate Majority Leader Chuck Schumer (D-N.Y.) announced that the House will deliver the article of impeachment against former President Trump for "incitement of insurrection" on Monday.

Why it matters: The Senate is required to begin the impeachment trial at 1 p.m. the day after the article is transmitted.

Dan Primack, author of Pro Rata
1 hour ago - Politics & Policy

Private equity bets on delayed tax reform in Biden administration

Illustration: Brendan Lynch/Axios

In normal times, private equity would be nervous about Democratic Party control of both the White House and Congress. But in pandemic-consumed 2021, the industry seems sanguine.

Driving the news: Industry executives and lobbyists paid very close attention to Treasury Secretary nominee Janet Yellen's confirmation hearings this week, and came away convinced that tax reform isn't on the near-term agenda.