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Pablo Martinez Monsivais / AP

What doesn't really matter:

  1. Trump tweeting two months in advance that he'll skip the White House Correspondents' Association dinner April 29. It's a fine night in a crammed room with episodic humor and celebrity sightings, with scholarships awarded to journalism students who have contagious enthusiasm and idealism. In the scheme of things, the president's presence doesn't make or break it.
  2. Spicer cherry-picking media orgs for briefings. The briefings are marginally useful at best (transcript here of what the excluded reporters missed), and a terrific waste of time at worst. Twitter will tell you anything of substance that happened. So the time is better spent working the phones.

What really does matter:

  1. The double-barreled shots by Trump and Bannon at CPAC. Bannon: "If you think they're going to give you your country back without a fight, you are sadly mistaken. ... [E]very day, it is going to be a fight."
  2. "Wary of Trump unpredictability, China ramps up naval abilities," from Reuters: "The PLA Navy is likely to secure significant new funding in China's upcoming defense budget as Beijing seeks to check U.S. dominance of the high seas and step up its own projection of power around the globe."
  3. Republican "Rep. Darrell Issa [told Bill Maher] that a special prosecutor should be tapped to investigate Russian interference in the 2016 election, a stance that mirrors the calls of congressional Democrats to sideline the U.S attorney general from such inquiries."

Meanwhile, in the new NBC/ WSJ poll, Trump hits record low for a new president: 44% approve, 48% disapprove.

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Go deeper

Ina Fried, author of Login
25 mins ago - Technology

Microsoft's Activision Blizzard deal complicates Big Tech regulation

Illustration: Megan Robinson/Axios

Microsoft's surprise $68 billion deal to buy Activision Blizzard is adding a fresh twist to the heated debate over which tech companies have monopolies that need to be reined in.

The big picture: The deal could force a question the company has happily ducked for a decade: whether its size and power make it just as deserving of regulatory scrutiny as its Big Tech rivals.

Biden to announce plan to distribute 400 million masks for free

Photo: Ken Cedeno/UPI/Bloomberg via Getty Images

The Biden administration will announce Wednesday that 400 million non-surgical N95 masks will be made available to the public for free at thousands of "convenient locations" across the U.S.

Why it matters: This is the largest deployment of personal protective equipment in U.S. history, according to a White House official. The masks are slated to be available at numerous local pharmacies.

Tina Reed, author of Vitals
1 hour ago - Health

The end of the Omicron wave is in sight

Expand chart
Data: Our World in Data; Chart: Baidi Wang/Axios

The Omicron wave is likely beginning to recede in the U.S., experts say.

Why it matters: Omicron is still wreaking havoc in parts of the country, but infectious disease experts are optimistic that relief is around the corner.

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