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Trump and Putin at the G20. Photo: Kremlin Press Office/Handout/Anadolu Agency/Getty Images

President Trump claimed today that Russian President Vladimir Putin "outsmarted" President Obama when he annexed Crimea in 2014 and that Russia was expelled from the G8 because Obama was upset at having been outmaneuvered.

Why it matters: Trump wants Russia to be allowed to rejoin the G7 club, and he has repeatedly declined to blame Putin personally for the incursions into Ukraine that united the other G8 members against him. Trump said Putin had been "a good member of the G8" and that the world is better off with Russia "inside rather than outside."

Go deeper: Highlights from Trump-Macron press conference.

Go deeper

23 mins ago - Podcasts

Podcast: After the Biden inaugural

Joe Biden was sworn in today as America's 46th president in an inauguration unlike any other in modern history.

Axios Re:Cap goes deeper into the speech, the atmosphere and what it all tells us about the incoming administration, with Axios political reporters Hans Nichols and Alexi McCammond.

Biden embarks on a consequential presidency

Photo illustration: Sarah Grillo/Axios. Photo: Joe Raedle/Getty Images

Donald Trump tried everything to delegitimize the rival who vanquished him. In reality, he's set Joe Biden on course to be a far more consequential U.S. president than he might otherwise have become.

The big picture: President Biden now confronts not just a pandemic, but massive political divisions and an assault on truth — and the aftermath of the assault on the Capitol two weeks ago that threatened democracy itself.

Updated 55 mins ago - Politics & Policy

Inauguration Day dashboard

U.S. Capitol and stage are lit at sunrise ahead of the inauguration of Joe Biden. Photo: Patrick Semansky - Pool/Getty Images

President Biden has delivered his inaugural address at the Capitol, calling for an end to the politics as total war but warning that "we have far to go" to heal the country.

What's next: Representatives from all branches of the military escort the 46th president to the White House.