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Today / NBC

From Matt Lauer's interview with former president George W. Bush on the TODAY Show:

  • On freedom of religion: "I think it's very important for all of us to recognize that one of our great strengths is for people to be able to worship the way they want to or not worship at all. A bedrock of our freedom is the right to worship freely."
  • On Russia: "I think we all need answers...if [Senate Intelligence Committee Chair Richard Burr] were to recommend a special prosecutor, then it'd have a lot more credibility with me."
  • On Trump's immigration ban: "I am for an immigration policy that's welcoming and upholds the law."
  • On the media: "I consider the media to be indispensable to democracy…Power can be very addictive. It can be corrosive, and it's important for the media to hold people to account."
  • On presidential nostalgia: "People ask me, 'Do you miss being president?' The answer's not really, but I miss saluting people who volunteer to wear the uniform."

Go deeper

Fed signals it could yank economic support quicker as inflation sticks around

Federal Reserve chairman Jerome Powell testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee today. Photo: Alex Wong/Getty Images

The Federal Reserve will consider pulling back economic support sooner "as the threat of persistently high inflation has grown," chair Jerome Powell said during a congressional hearing on Tuesday.

Why it matters: This is the biggest signal yet the Fed is backing away from its stance that soaring prices would be fleeting — a change that could shift its policies that underpin the economy.

Felix Salmon, author of Capital
Updated 59 mins ago - Economy & Business

Crypto meets the real world

Illustration: Megan Robinson/Axios

The two largest countries in the world seem intent on effectively banning their citizens from participating in crypto, which poses a serious threat to the crypto agenda.

Why it matters: The crypto world is global — but the real world is fragmented into nation-states, each of which claims control of what happens within its borders.

Meadows cooperating with House Jan. 6 select committee

Mark Meadows. Photo: Yuri Gripas/Bloomberg via Getty Images

Former White House Chief of Staff Mark Meadows is cooperating with the House select committee in charge of investigating the Jan. 6 Capitol insurrection, the panel said Tuesday.

Driving the news: Meadows, who failed to appear before the panel earlier this month, is believed to have insight into former President Trump's role in efforts to stop the certification of President Biden's election win.