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McConnell endorses Trump's scorched earth words for Bannon

Erica Pandey, author of @Work

McConnell at the U.S. Capitol. Photo: Bill Clark / CQ Roll Call

Asked about Steve Bannon's shocking claims in Michael Wolff's new book, Majority Leader Mitch McConnell said he seconds Trump's statement from Wednesday.

"I'd like to associate myself with what the president had to say about Steve Bannon yesterday."

The Trump quote: "Steve Bannon has nothing to do with me or my Presidency. When he was fired, he not only lost his job, he lost his mind."

Go deeper

Dion Rabouin, author of Markets
46 mins ago - Economy & Business

Biden's inflation danger

Illustration: Sarah Grillo/Axios

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.

Go deeper (2 min. read)Arrow
Ina Fried, author of Login
3 hours ago - Technology

CES was largely irrelevant this year

Illustration: Sarah Grillo/Axios

Forced online by the pandemic and overshadowed by the attack on the Capitol, the 2021 edition of CES was mostly an afterthought as media's attention focused elsewhere.

Why it matters: The consumer electronics trade show is the cornerstone event for the Consumer Technology Association and Las Vegas has been the traditional early-January gathering place for the tech industry.

Go deeper (1 min. read)Arrow
Sara Fischer, Ashley Gold
3 hours ago - Technology

The FBI is tracing a digital trail to Capitol rioters

Illustration: Sarah Grillo

Capitol rioters, eager to share proof of their efforts with other extremists online, have so far left a digital footprint of at least 140,000 images that is making it easier for federal law enforcement officials to capture and arrest them.

The big picture: Law enforcement's use of digital tracing isn't new, and has long been at the center of fierce battles over privacy and civil liberties. The Capitol siege is opening a fresh front in that debate.

Go deeper (2 min. read)Arrow