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McConnell (L), McCarthy (R) and Trump. Photo: Erin Schaff-Pool/Getty Images

Republicans will emerge from the Trump era gutted financially, institutionally and structurally.

The big picture: The losses are stark and substantial.

  • They lost their congressional power.
  • Their two leaders, Mitch McConnell and Kevin McCarthy, are hamstrung by corporate blacklisting of their election-denying members.
  • The GOP brand is radioactive for a huge chunk of America.
  • The corporate bans on giving to the 147 House and Senate Republicans who voted against election certification are growing and virtually certain to hold.
  • The RNC is a shell of its former self and run by a Trump loyalist.
  • Democrats crushed them in fundraising when they were out of power. Imagine their edge with it.
  • Sheldon Adelson, the party's biggest donor, died Monday.
  • The NRA is weaker than it has ever been, after massive leadership scandals.
  • The U.S. Chamber of Commerce, once controlled by rock-ribbed Republicans, also gave to Democrats in 2020.
  • Rank-and-file Republicans are now scattered on encrypted channels like Signal and fearful of Big Tech platforms.

What to watch: Conservatives hold power in the courts and state legislatures, two foundational pieces to rebuilding their party. But they likely will face a raging internal war over policies and political leaders as they grapple with a post-Trump world — whenever that might be.

Go deeper

Young people want checks on Big Tech's power

Data: Generation Lab; Chart: Sara Wise/Axios

The next generation of college-educated Americans thinks social media companies have too much power and influence on politics and need more government regulation, according to a new survey by Generation Lab for Axios.

Why it matters: The findings follow an election dominated by rampant disinformation about voting fraud on social media; companies' fraught efforts to stifle purveyors of disinformation including former President Trump; and a deadly Jan. 6 insurrection over the election organized largely online.

Column / Harder Line

New England power fight foreshadows divisive clean energy future

Illustration: Sarah Grillo/Axios

It wasn’t his first choice, but Sean Mahoney isn’t fighting a 150-mile proposed power line sending Canadian hydropower to New England as part of the region’s climate-change goals.

Why he matters: Mahoney, a senior expert at the nonprofit Conservation Law Foundation who lives in Maine, is seeking to compromise in a bitter battle over the proposal. Expect more fights like this as President Biden and other political leaders pursue zero-carbon economies over the next 30 years.

Mike Allen, author of AM
9 hours ago - Politics & Policy

Biden adviser Cedric Richmond sees first-term progress on reparations

Illustration: "Axios on HBO"

White House senior adviser Cedric Richmond told "Axios on HBO" that it's "doable" for President Biden to make first-term progress on breaking down barriers for people of color, while Congress studies reparations for slavery.

Why it matters: Biden said on the campaign trail that he supports creation of a commission to study and develop proposals for reparations — direct payments for African-Americans.