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Photo: Joe Raedle/Getty Images

Florida's Republican Gov. Ron DeSantis said he will fight any federal plans that include "dumping" hundreds of migrants in southern Florida from the U.S.-Mexico border — even if that means taking it to President Trump directly, reports the AP.

Why it matters: The federal government has reached capacity for processing the thousands of migrants crossing the border, forcing officials to find other options while they await court processing. DeSantis said shipping migrants to Florida could stress "resources, the schools, the health care, law enforcement, state agencies," per AP.

Details: Palm Beach and Broward County officials say they were notified that almost 1,000 migrants could be sent to southern Florida each month starting in two weeks, but federal officials have said there are no immediate plans to relocate these people to Florida, per AP.

Context: Trump and DeSantis have a historically strong relationship, with Trump's endorsement helping DeSantis to secure his gubernatorial seat. DeSantis recently signed a bill banning sanctuary cities.

Go deeper

Updated 16 mins ago - Politics & Policy

Inauguration Day dashboard

Screenshot: Fox News

President Trump has delivered a farewell speech and departed Washington for the last time on Air Force One, kicking off the day that will culminate with President-elect Joe Biden taking office.

What's next: The inaugural celebration for young Americans is being livestreamed, starting at 10am.

Updated 33 mins ago - Politics & Policy

Trump departs on final Air Force One flight

President Trump and his family took off on Air Force One at 9 a.m. on Wednesday morning for the final time en route to Florida.

The big picture: Trump's final hours as president were punctuated by his decisions to snub his successor's inauguration and grant pardons to many of his allies who have been swept up in corruption scandals.

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Janet Yellen said all the right things to reassure the markets

Illustration: Aïda Amer/Axios

Treasury Secretary nominee and former Fed chair Janet Yellen's confirmation hearing before the Senate Finance Committee on Tuesday showed markets just what they can expect from the administration of President-elect Joe Biden: more of what they got under President Trump — at least for now.

What it means: Investors and big companies reaped the benefits of ultralow U.S. interest rates and low taxes for most of Trump's term as well as significant increases in government spending, even before the coronavirus pandemic.