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Dan and Axios World editor David Lawler discuss the latest on Jamal Khashoggi, including why the 'wait-and-see' window might be closing for the Saudis, the White House and U.S. companies.

"This is all going to come to a head a week from today in Riyadh, when the Saudis still apparently plan to hold their giant future Investment Initiative conference. Lots of big business folks have already pulled out, but many others haven’t, and the White House still plans to send Treasury Sec. Steven Mnuchin. Almost everyone still going claims to be 'monitoring' the situation, but they’re going to have to make very tough choices if there isn’t conclusive evidence either implicating or exonerating MBS in the next seven days."

Go deeper: Davos in the Desert's biggest name keeps quiet

Go deeper

Biden signs order overturning Trump's transgender military ban

Photo: Tom Brenner/Getty Images

President Biden signed an executive order on Monday overturning the Trump administration's ban on transgender Americans serving in the military.

Why it matters: The ban, which allowed the military to bar openly transgender recruits and discharge people for not living as their sex assigned at birth, affected up to 15,000 service members, according to tallies from the National Center for Transgender Equality and Transgender American Veterans Association.

GOP Sen. Rob Portman will not run for re-election, citing "partisan gridlock"

Photo: Drew Angerer/Getty Images

Sen. Rob Portman (R-Ohio) announced Monday he will not run for a third term in the U.S. Senate in 2022, citing "partisan gridlock."

Why it matters: It's a surprise retirement from a prominent Senate Republican who easily won re-election in 2016 and was expected to do so again in 2022, creating an open Senate seat in a red-leaning swing state.

Dan Primack, author of Pro Rata
2 hours ago - Economy & Business

Merger Monday has been overrun by SPACs

Illustration: Aïda Amer/Axios

Five companies this morning announced plans to go public via reverse mergers with SPACs, at an aggregate market value of more than $15 billion. And there might be even more by the time you read this.

The bottom line: SPAC merger activity hasn't peaked. If anything, it's just getting started.

You’ve caught up. Now what?

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