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… but will be smarter about it next time. A top House Republican aide says the "ridiculous, tone-deaf unforced error" over the Office of Congressional Ethics was caused mainly by haste. Democrats in the Congressional Black Caucus also hate the OCE, seen by members as a "black hole" and "star chamber.""We needed to build bridges to the other side," the aide said. The GOP will now quietly do precisely that — and revisit the issue later, with Trump and Democrats onboard. Trump's tweet lambasting the original vote made it clear to members that they had handed the president-elect a club he could use any time they tried to buck him. But members recognize that folding in the face of the tweet makes them look weaker and him stronger as they begin their messy marriage.

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Go deeper

Exclusive: Billionaires back new media firm to combat disinformation

Illustration: Aïda Amer/Axios

A new public benefit corporation backed by billionaires Reid Hoffman, George Soros, and others is launching Tuesday to fund new media companies and efforts that tackle disinformation.

Why it matters: Good Information Inc. aims to fund and scale businesses that cut through echo chambers with fact-based information. As part of its mission, it plans to invest in local news companies.

Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

Scoop: Sequoia Capital just blew up the VC fund model

Illustration: Aïda Amer/Axios

Sequoia Capital, one of the world's oldest and most successful venture capital firms, is forming a single fund to hold all of its U.S. and European investments, including stakes in publicly-traded companies, Axios has learned.

Why it matters: Venture capital is the money of innovation, but the industry itself rarely innovates. This is a radical exception.

Exclusive: Company says it will put Trump back online

Photo Illustration: Rafael Henrique/SOPA Images/LightRocket via Getty Images.

RightForge, an internet infrastructure company that courts conservatives, will host former President Trump's new social media platform, CEO Martín Avila told Axios on Monday.

Why it matters: By relying on a web hosting service that won't cut ties over controversial comments, Trump's new platform could avoid the problems conservative network Parler faced when Amazon pulled its web services following the Capitol insurrection.