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Front pages, many featuring Sen. John McCain, posted at the Newseum's front page display. Photo: Bill Clark/CQ Roll Call

"Johns Hopkins University is buying the landmark [Pennsylvania Avenue] building that houses the Newseum for $372.5 million, a purchase that will enable the struggling cultural institution devoted to news and the First Amendment to seek a new home in the Washington area," per the WashPost.

"We stand ready to continue much of the Newseum's important work ... through digital outreach, traveling exhibits, and web-based programs in schools around the world, as well as hopefully in a new physical home in the area."
Peter Prichard, chair of the Newseum board of trustees

The big picture: "The Freedom Forum — the private foundation that created the Newseum and that is its primary funder — said the museum will remain open at 555 Pennsylvania Ave. NW for the rest of the year. ... [T]he Newseum posted an annual deficit each year."

Go deeper

Dan Primack, author of Pro Rata
59 mins ago - Politics & Policy

Biden starts negotiating to raise capital gains tax rate

Illustration: Aïda Amer/Axios

President Biden wants to nearly double the capital gains tax paid by wealthy Americans, as first reported yesterday by Bloomberg and confirmed by Axios.

Counterintuitive: Biden's plan is better for private fund managers (hedge, PE, VC, etc.) than what he proposed during the campaign.

Scoop: Caitlyn Jenner makes it official for California governor

Caitlyn Jenner. Photo: Paul Archuleta/Getty Images

Former Olympic decathlete and reality TV star Caitlyn Jenner has filed her initial paperwork to run for governor of California and will officially announce her bid later today, her campaign tells Axios.

The big picture: Jenner, a longtime Republican, is seeking to replace Democratic Gov. Gavin Newsom in a recall election, hoping her celebrity status and name recognition can yield an upset in the nation's most populous state.

Kendall Baker, author of Sports
2 hours ago - Sports

New laws, new rules bring big changes to college sports

Illustration: Sarah Grillo/Axios

The college sports landscape could change more in the next six months than it has in the last 50 years, as the NCAA grapples with new competition, new laws and new rules.

How it works... 1. Startup leagues: Investors are flocking to new leagues that aim to compete with the NCAA, evidence of just how much opposition there is to the amateurism model — and how much belief there is in new ones.

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