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Photo: Vietnam News Agency/Handout/Getty Images

President Trump tweeted on Saturday morning signaling that he's ready for a third summit with North Korea's Kim Jong Un, stressing the two have an "excellent" relationship.

The backdrop: Hours earlier, Kim said he was prepared for another meeting with Trump as well, but stipulated that the U.S. has until the end of the year for the sit-down, noting the most recent summit ended without agreement, reports Al-Jazeera. "It is essential for the U.S. to quit its current method and approach us with a new one," Kim said in a speech to the Supreme People's Assembly on Friday. Earlier this month, Secretary of State Mike Pompeo said he's "confident" another meeting between the U.S. and North Korea will take place, per Politico.

Go deeper: Trump envoy says it's all or nothing on North Korea's nukes

Go deeper

Senate confirms retired Gen. Lloyd Austin as defense secretary

Photo: Greg Nash-Pool/Getty Images

The Senate voted 93-2 on Friday to confirm retired Gen. Lloyd Austin as secretary of defense. Sens. Mike Lee (R-Utah) and Josh Hawley (R-Mo.) were the sole "no" votes.

Why it matters: Austin is the first Black American to lead the Pentagon and President Biden's second Cabinet nominee to be confirmed.

House will transmit article of impeachment to Senate on Monday, Schumer says

Photo: Drew Angerer/Getty Images

Senate Majority Leader Chuck Schumer (D-N.Y.) announced that the House will deliver the article of impeachment against former President Trump for "incitement of insurrection" on Monday.

Why it matters: The Senate is required to begin the impeachment trial at 1pm the day after the article is transmitted.

Dan Primack, author of Pro Rata
2 hours ago - Politics & Policy

Private equity bets on delayed tax reform in Biden administration

Illustration: Brendan Lynch/Axios

In normal times, private equity would be nervous about Democratic Party control of both the White House and Congress. But in pandemic-consumed 2021, the industry seems sanguine.

Driving the news: Industry executives and lobbyists paid very close attention to Treasury Secretary nominee Janet Yellen's confirmation hearings this week, and came away convinced that tax reform isn't on the near-term agenda.