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Photo: Chip Somodevilla/Getty Images

Speaker Nancy Pelosi addressed her fellow Democrats in a letter on Tuesday evening, ahead of Wednesday's full House vote to approve the articles of impeachment against President Trump.

Driving the news: Trump wrote a blistering letter to Pelosi on Tuesday that doubled as his own formal statement on impeachment, arguing that “more due process was afforded to those accused in the Salem Witch Trials."

Read highlights from Pelosi's letter:

"No Member came to Congress to impeach a President. But every one of us, as our first act as a Member of Congress, stood on the House Floor, raised our hand and took a sacred oath: 'I do solemnly swear that I will support and defend the Constitution of the United States against all enemies, foreign and domestic.' That oath makes us Custodians of the Constitution. If we do not act, we will be derelict in our duty.
I salute the Chairs of the Committees for the great seriousness and solemnity with which they have proceeded down this path, and for conducting all hearings in a manner that was fair, transparent and deliberative, so that the American people could see the truth for themselves. Very sadly, the facts have made clear that the President abused his power for his own personal, political benefit and that he obstructed Congress as he demanded that he is above accountability, above the Constitution and above the American people.  In America, no one is above the law.
When the House convenes to take the impeachment vote tomorrow morning, I urge each of you to join me on the Floor. Our constituents look to us to be respectful of the Constitution and Defenders of our Democracy, and to proceed in a manner worthy of our oath of office to support and defend the Constitution of the United States."

Flashback: In September, Pelosi said impeachment felt unavoidable, per Axios' Margaret Talev and Alayna Treene. A source who discussed the issue with Pelosi said the speaker hated the politics of impeachment, but she had "succumbed to the inevitability."

Go deeper: Trump accuses Democrats of subverting democracy in blistering letter to Pelosi

Go deeper

2021 economy boomed at fastest rate in 37 years

Source: Bureau of Economic Analysis

The U.S. economy surged ahead with a 6.9% annual growth rate in the final months of 2021 and achieved the strongest growth over an entire calendar year since 1984.

Driving the news: New GDP numbers from the Commerce Department show a remarkable acceleration in economic activity, much faster than the 5.3% growth rate analysts expected.

The Fed isn't the only problem investors are worried about

Illustration: Aïda Amer/Axios

The Federal Reserve will be raising rates, just as the economy is slowing. The markets hate that.

Why it matters: The ugly start to the stock trading year doesn't just reflect Fed-induced agita — investors are also worried about a growth slowdown.

3 hours ago - Health

White House says Obamacare sign-ups hit record

Health and Human Services Secretary Xavier Becerra speaking in the White House in December 2021. Photo: Jim Watson/AFP via Getty Images

The White House said Thursday that a record 14.5 million Americans have signed up for health insurance through Obamacare marketplaces since Nov. 1, including more than 10 million enrollments through HealthCare.gov.

Why it matters: Last year's stimulus bill contained substantial investments in the program, including increased subsidies for people who don't receive health insurance from an employer or through Medicare or Medicaid.