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Photo: Bill Clark/CQ-Roll Call, Inc via Getty Images

Rep. Joe Kennedy, a grandson of Robert F. Kennedy, formally launched his primary challenge today against Sen. Ed Markey.

Why it matters: The dynastic heir — who first won election as a moderate, the AP notes — is portraying his campaign on generational terms. Massachusetts' two senators are each in their 70s, while Kennedy is 38.

  • Kennedy in a campaign email: “I’m running because our country is at a moment of truth ... Donald Trump has forced a long overdue reckoning in America. And how we respond will say everything about who we are.”

Between the lines: Markey is the co-sponsor of the Green New Deal with Rep. Alexandria Ocasio-Cortez. AOC and Sen. Elizabeth Warren number among his supporters. (Warren endorsed before Kennedy floated a campaign.)

  • But Kennedy has also moved to the left, the AP reports.
  • "He has called for Congress to initiate impeachment efforts against President Donald Trump and has backed a 'Medicare for All' bill in the House. He has also said he supports the Green New Deal."

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Journalism enters dangerous new era

Illustration: Brendan Lynch/Axios

The Capitol attack on Jan. 6 resulted in at least nine physical assaults against journalists and at least five arrests, per the U.S. Press Freedom Tracker's top editor.

Why it matters: President Trump's harsh rhetoric towards the press has empowered leaders abroad and locally in the U.S. to continue to attack press that they don't like.

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The beginning of the beginning for Biden's climate push

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Joe Biden's inauguration and the days right after will bring a rat-tat-tat burst of climate policy moves, but keep this in mind amid the splashy pledges: pushing through most of his agenda will be a long, uncertain slog.

Why it matters: Biden's climate plan is far more expansive than anything contemplated under President Obama. But for all the immediate pledges, it will take years to see how far Biden gets.

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Biden's inflation danger

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President-elect Joe Biden's $1.9 trillion stimulus proposal has economists and bullish market analysts revising their U.S. growth expectations higher, predicting a reflation of the economy in 2021 and possibly more booming returns for risk assets.

Yes, but: Others are warning that what's expected to be reflation could actually show up as inflation, a much less welcome phenomenon.