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Gage Skidmore / Flickr cc

Tucker Carlson, whose new 9 p.m. show on Fox has been a ratings and echo-chamber hit, sat down with McKay Coppins, now a staff writer for The Atlantic:

"The SAT 50 years ago pulled a lot of smart people out of every little town in America and funneled them into a small number of elite institutions, where they married each other, had kids, and moved to an even smaller number of elite neighborhoods. We created the most effective meritocracy ever. ...
"But the problem with the meritocracy ... [is that it] leeches all the empathy out of your society … The second you think that all your good fortune is a product of your virtue, you become highly judgmental, lacking empathy, totally without self-awareness, arrogant, stupid — I mean all the stuff that our ruling class is."

A keeper: "He recalls receiving a text message on election night from a stunned Democratic friend declaring his intention to flee the country with his family. Carlson replied by asking if he could use their pool while they were gone."

One quibble: McKay calls The Monocle, where he had lunch with Tucker, "upscale" when he meant "old-school."

Go deeper

Dion Rabouin, author of Markets
28 mins ago - Economy & Business

The digital dollar is now high priority for the Fed

Illustration: Aïda Amer/Axios

The U.S. is starting to get serious about a central-bank-backed digital currency, with recent comments from top officials laying out the strongest support yet.

Driving the news: On Tuesday Fed chair Jerome Powell told Congress that developing a digital dollar is a "high priority project for us," but added that there are "significant technical and policy questions."

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

Coinbase files to go public

Illustration: Eniola Odetunde/Axios

Cryptocurrency exchange Coinbase on Thursday filed to go public via a $1 billion direct listing.

Why it matters: This comes in the midst of a crypto boom, and the listing may further legitimize the industry.

Trump’s blunt weapon: State GOP leaders

Trump supporters rally near Mar-a-Lago on Feb. 15. Photo: Joe Raedle/Getty Images

President Trump didn't have to punish his critics in Congress — his allies back in the states instantly and eagerly did the dirty work.

Why it matters: Virtually every Republican who supported impeachment was censured back home, or threatened with a primary challenge.