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J. Scott Applewhite / AP

Senate Majority Leader Mitch McConnell's Friday press conference comes before the start of a week-long congressional recess. The highlights:

  • Russia contacts: When asked whether he believes Trump's denial that no one from his campaign has been in contact with Russia, he said "I don't know."
  • "I'm not a great fan of [Trump's] daily tweets. What I am a fan of is what he's actually been doing." He added that he's also not a fan of "the extra discussions that he likes to engage in. But we're going to soldier on."
  • Applauded Trump's Cabinet as "the most conservative" he's seen in his time in office and blasted "left-wing agitators" for delaying the confirmation of Trump's nominees. He hopes that "at some point here the other side will accept the results of last year's election."
  • Indicated that any bill intending to end DACA may not be popular among Republicans on the Hill, and there may be support for passing bipartisan legislation to protect them from deportation. Added that he's "very sympathetic" with the Dreamers.
  • Republicans will pass their health and tax agendas with or without Democratic votes.
  • Incoming infrastructure plan: Predicts legislation on the creation of a new infrastructure investment program will head to Congress soon, and he hopes it will draw bipartisan support.
  • Hopes Judge Neil Gorsuch will be confirmed to fill the vacant Supreme Court seat before the start of the next congressional recess in mid-April.

Go deeper

Battle for the soul of a new web

Illustration: Aïda Amer/Axios

A well-funded and intensely motivated chunk of tech's hive mind is finding common cause in a vast new project: rebuilding the web on a foundation of cryptocurrency and blockchain tech. They call it "Web3."

The big picture: Developers, investors and early adopters imagine a future in which the technologies that enable Bitcoin and Ethereum will break up the concentrated power today's tech giants wield and usher in a golden age of individual empowerment and entrepreneurial freedom.

First look: Biden summons top CEOs on supply chain

Photo: Alex Wong/Getty Images

President Biden will meet Monday afternoon with CEOs of big retailers, grocers and consumer-products firms to send this message, according to the White House: Products will be on shelves for holiday shopping.

Zoom out: Black Friday sales rebounded from 2020.

Thanksgiving box office shows theaters have long road to recovery

Photo of Disney's "Encanto;" Credit: Disney

Box office ticket sales over the Thanksgiving holiday show that consumer confidence in moviegoing is slowly improving, but not enough to bring the struggling theater industry back to pre-pandemic levels anytime soon, if ever.

Why it matters: "We may have to temper expectations a bit" for next year, said Comscore senior media analyst Paul Dergarabedian.