The U.S. today raised the prospect of a joint boycott of the 2022 Winter Olympics in China.

• “A coordinated approach will not only be in our interest but also in the interest of our allies and partners," said State Department spokesperson Ned Price. (CNBC)

Why it matters: An Olympics boycott by the U.S. and its allies could help persuade international legal institutions to open an investigation related to Beijing's actions in Xinjiang, human rights lawyer Djaouida Siaci tells Axios' Bethany Allen-Ebrahimian.

• This would be the first U.S. boycott of a Games since Moscow in 1980.
• Republican Sen. Mitt Romney has called for an economic and diplomatic boycott.

The big picture: Secretary of State Tony Blinken warned Beijing last month that the U.S. is willing to "push back":

• “China uses coercion and aggression to systematically erode autonomy in Hong Kong, undercut democracy in Taiwan, abuse human rights in Xinjiang and Tibet, and assert maritime claims in the South China Sea that violate international law."

Between the lines: Price said in a follow-up tweet that “we don’t have any announcement regarding the Beijing Olympics … but we will continue to consult closely with allies and partners to define our common concerns and establish our shared approach to the PRC.”

What's next: Pay attention to whether Beijing seeks to pressure U.S. companies and Olympics sponsors.

Editor's note: This item has been corrected to remove references to the International Criminal Court, which does not have jurisdiction over acts inside of China.

A new billionaire was minted every 17 hours over the past year, and the world's wealthiest are $5 trillion richer than a year ago, Forbes reports today with the release of the 35th annual Forbes World's Billionaires list.

The top 6:

1. Jeff Bezos is the world’s richest person for the fourth year in a row ($177 billion).
2. Elon Musk rocketed to No. 2 from No. 31 last year ($151 billion).
3. Bernard Arnault and family, LVMH (Moët Hennessy Louis Vuitton0n), $150 billion.
4. Bill Gates, $124 billion.
5. Mark Zuckerberg, $97 billion.
6. Warren Buffett, $96 billion.

Forbes counts a record 2,755 billionaires (worth $13 trillion), including 493 newcomers.

• See the list.

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