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"'Lie after lie after lie': Fox News's Shepard Smith has a Cronkite moment on Russia," by WashPost's Aaron Blake:Shep, to Fox News Sunday host Chris Wallace: "It's pilin' up. ... We're still not clean on this, Chris. If there's nothing there — and that's what they tell us: They tell us there's nothing to this and nothing came of it, there's a nothingburger, it wasn't even memorable, didn't write it down, didn't tell you about it, because it wasn't anything so I didn't even remember it — with a Russian interpreter in the room at Trump Tower?""If all of that, why all these lies? Why is it lie after lie after lie? ... The deception, Chris, is mind-boggling. And there are still people who are out there who believe we're making it up. And one day they're gonna realize we're not and look around and go: Where are we, and why are we getting told all these lies?"Chris Wallace: Trump staff should be summoned and told, "from the first time you had beef stroganoff to the last shot of Stolichnaya, you put down every contact with a Russian you know about and let's get it out. It may be bad, it may be embarrassing, but we can't keep having this new information dribble out."

"Come clean! Tell it now! Let the chips fall where they may. And if, in fact, there was no crime committed, you'll survive it. It'll be embarrassing, but it'll be better than this."New Yorker Editor David Remnick in next week's issue, "Trump Family Values": "Social-media wags delighted in reviving the Trump-as-Corleone family meme and compared Donald, Jr., to Fredo, the most hapless of the Corleone progeny. This was unfair to Fredo."

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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