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Kellyanne Conway addresses the 2020 Republican National Convention. Photo: Nicholas Kamm/AFP via Getty Images

Kellyanne Conway has seen power exercised as a pollster, campaign manager and senior counselor to President Trump. Now that his term in office has concluded, she shared her thoughts with Axios.

Why it matters: If there's a currency in this town, it's power, so we've asked several former Washington power brokers to share their best advice as a new administration and new Congress settle in.

  • "Power should be used sparingly yet strategically," Conway said. "A reluctance to exert power is also a necessary requisite for possessing it. Our Constitution reserves many powers to the individual and to the states. Washington often forgets that. Leaders are wise to respect, not rob, people of their power."
  • "In the '80s, Washington was known for the 'power lunch' and the 'power suit.' Cute. Increasingly, women in Washington have real power. Sometimes, the expectations for powerful women are different, but so, too, are the motivators and outcomes."
  • "The late British Prime Minister Margaret Thatcher offered words to live by: 'Being powerful is like being a lady. If you have to tell people you are, you aren't.' This is true. Show it; don’t say it. Use it wisely; don’t underline it obnoxiously."
  • "If you have a choice between power and influence, go for influence. Power is conferred by one's birth, position, promotion or election. Influence is how things get things done, preferring negotiation, persuasion and elevating cooperation and collaboration."

Go deeper

Young people want checks on Big Tech's power

Data: Generation Lab; Chart: Sara Wise/Axios

The next generation of college-educated Americans thinks social media companies have too much power and influence on politics and need more government regulation, according to a new survey by Generation Lab for Axios.

Why it matters: The findings follow an election dominated by rampant disinformation about voting fraud on social media; companies' fraught efforts to stifle purveyors of disinformation including former President Trump; and a deadly Jan. 6 insurrection over the election organized largely online.

Mark Meadows will stop cooperating with Jan. 6 panel, attorney says

Photo: Chris Kleponis/Polaris/Bloomberg via Getty Images

Former White House chief of staff Mark Meadows will no longer cooperate with the House select committee investigating the Jan. 6 Capitol insurrection, his attorney told Fox News Tuesday.

Why it matters: Meadows, who failed to appear before the panel last month, is believed to have insight into former President Trump's role in efforts to stop the certification of President Biden's election win.

Updated 3 hours ago - Economy & Business

The billionaire balloon

Data: World Inequality Report 2022; Chart: Axios Visuals

The super-rich are getting stupid rich: New data out today shows the share of global wealth held by the richest slice of humanity swelled by almost a full percentage point during the pandemic.

Driving the news: The top 0.01% of individuals now hold about 11% of the world's wealth, compared to just over 10% in 2020, according to the "World Inequality Report 2022," written by Lucas Chancel, Thomas Piketty, Emmanuel Saez and Gabriel Zucman.