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Alex Brandon / AP

The loyalty pledge: The NYT reports that a week after taking office, Trump "summoned" Comey to the White House for a dinner in which he twice asked the FBI Director to promise to be loyal to him — and Comey declined. This tallies with earlier reports that Trump wanted and didn't receive an assurance of loyalty, and is shows the Comey camp clearly wants to get his side of the story out.

Russia on his mind: Trump told NBC's Lester Holt that before pulling the trigger on firing Comey he thought, "you know, this Russia thing with Trump and Russia is a made up story."

Our full coverage: Trump blames press team but loves Sanders, Majority of Americans disagree with Comey firing, The White House's evolving explanations, Fallout is just beginning.

The full Trump/Russia quote: "Regardless of recommendation I was going to fire Comey knowing there was no good time to do it. In fact, when I decided to just do it I said to myself, 'you know, this Russia thing with Trump and Russia is a made up story. It's an excuse by the Democrats for having lost an election that they should have won.' And the reason they should have won it is the electoral college is almost impossible for a Republican to win."On the timing:"When I did this now I said, 'I probably maybe will confuse people. Maybe I'll lengthen the time, because it should be over with, in my opinion it should have been over a long time ago because all it is is an excuse. I told myself, I might even lengthen out the investigation. But I told myself, I have to do the right thing for the American people. He's the wrong man for the position."On Sally Yates and Michael Flynn:"My White House Counsel Don McGahn came back to me and didn't make it sound like an emergency, and she actually didn't sound that way either in the hearings the other day in the hearings the other day, like it had to be done immediately. This man has served for many years, he's a general, he's in my opinion a very good person. I believe it would be very unfair to hear from somebody who we don't even know and immediately run out and fire a general."

Go deeper

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.

Trump gives farewell address: "We did what we came here to do"

Photo: Mandel Ngan/AFP via Getty Images

President Trump gave a farewell video address on Tuesday, saying that his administration "did what we came here to do — and so much more."

Why it matters, via Axios' Alayna Treene: The address is very different from the Trump we've seen in his final weeks as president — one who has refused to accept his loss, who peddled conspiracy theories that fueled the attack on the Capitol, and who is boycotting his successor's inauguration.