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Illustration: Sarah Grillo/Axios

The FBI is investigating a breach into the Treasury and Commerce departments by a group known as Cozy Bear, which also hacked the Democratic National Committee in 2015, per the Washington Post.

Driving the news: Reuters first reported on Sunday that hackers have been monitoring internal emails at the departments, specifically targeting an agency in Commerce responsible for U.S. telecommunications policy.

  • The state-sponsored hack was part of a broader cyber espionage campaign against the U.S. government and its interests, according to the reports.

What they're saying: “The United States government is aware of these reports and we are taking all necessary steps to identify and remedy any possible issues related to this situation,” said National Security Council spokesperson John Ullyot.

Go deeper

Ina Fried, author of Login
Jan 7, 2021 - Technology

Facebook bans Trump from posting for 24 hours

Mark Zuckerberg. Photo: Anadolu Agency / Getty Images

Facebook on Wednesday banned President Trump from posting for 24 hours after finding two of his incendiary posts violated its policy. The move comes after CEO Mark Zuckerberg declared the situation in Washington, D.C., an "emergency" and said the company was considering "additional measures" to keep people safe, according to an internal memo obtained by Axios.

Why it matters: President Trump has been using social media, particularly Facebook and Twitter, to get out his message, which has included continued baseless claims of election fraud and praise for those who occupied the Capitol.

Felix Salmon, author of Capital
10 mins ago - Economy & Business

How to meme a painting

Illustration: Megan Robinson/Axios

How can a physical artwork become an NFT? One new company has just spent $12.9 million on a Banksy in an attempt to try out a new way of converting the real into the virtual.

Why it matters: The art market globally sees volume of about $60 billion per year, almost all of which is trade in physical objects. Art-world insiders including former Christie's c0-chair Loïc Gouzer are on the lookout for ways to monetize physical paintings without necessarily giving up physical ownership of them.

Republicans threaten to shut down government over vaccine mandates

Sen. Mike Lee (R-Utah) in the Capitol in November 2020. Photo: Joshua Roberts/Getty Images

Conservative Republicans in the House and Senate are planning to force a government shutdown Friday to deny funding needed to enforce the Biden administration's vaccine mandates on the private sector, according to Politico.

Why it matters: Congress has until the end of the week to pass a stopgap measure to extend funding into 2022, though objection from a small group of Republicans could shut down the government.