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Sen. Kamala Harris said at the 5th Democratic debate Wednesday that "[President] Trump got punked" into holding summits with Kim Jong Un and cozying up to North Korea's leader.

HARRIS: "With all due deference to the fact this is a presidential debate, Donald Trump got punked. He was -— he has conducted foreign policy since Day One born out of a very fragile ego. That fails to understand that one of the most important responsibilities of the commander in chief is to concern herself with the security of our nation and homeland. And to do it in a way that understands that part of the strength of who we are as a nation, and therefore an extension of our ability to be secure is not only that we have a vibrant military, but that when we walk in any room around the globe, we are respected. Because we keep to our word, we are consistent, we speak truth, and we are loyal."

Context: Trump has repeatedly met with Kim to try and negotiate nuclear policy agreements. North Korea is now threatening to cancel future summits if Trump does not agree to concessions on nuclear weapons.

  • Denuclearization talks between the U.S. and North Korea have stalled since a February meeting between Trump and Kim in Hanoi left both leaders empty-handed.
  • Since the breakdown of negotations, North Korea has carried out multiple rounds of missile tests.

Go deeper:

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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.