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Photo: Al Drago/Bloomberg via Getty Images

Senior Trump administration officials are increasingly alarmed that President Trump might unleash — and abuse — the power of government in an effort to overturn the clear result of the election.

Why it matters: These officials tell me that Trump is spending too much time with people they consider crackpots or conspiracy theorists and flirting with blatant abuses of power.

  • There are 32 days until President-elect Biden's inauguration.

The big picture: Their fears include Trump's interest in former national security adviser Michael Flynn's wild talk of martial law; an idea floated of an executive order to commandeer voting machines; and the specter of Sidney Powell, the conspiracy-spewing election lawyer, obtaining governmental power and a top-level security clearance.

A senior administration official said that when Trump is "retweeting threats of putting politicians in jail, and spends his time talking to conspiracy nuts who openly say declaring martial law is no big deal, it’s impossible not to start getting anxious about how this ends."

  • "People who are concerned and nervous aren’t the weak-kneed bureaucrats that we loathe," the official added. "These are people who have endured arguably more insanity and mayhem than any administration officials in history."

At Friday's meeting, first reported by The New York Times, Trump discussed making Powell a special counsel for election fraud.

  • The ideas included commandeering voting machines, with Powell as a special counsel to inspect the machines, according to a source familiar with the meeting.
  • White House counsel Pat Cipollone and chief of staff Mark Meadows "pushed back strenuously and repeatedly against the ideas put forth by Sidney Powell,” the source said.
  • The meeting included Flynn, who was pardoned by Trump in November and is a celebrity with election-denying Trump supporters.

Go deeper

Fed chair says low interest rates aren't driving stock market prices

Jerome Powell. Photo: ANDREW CABALLERO-REYNOLDS / Getty Images

Federal Reserve chairman Jerome Powell told reporters on Wednesday that rock-bottom interest rates aren't playing a role in driving stock prices higher, while noting that vulnerabilities to the financial system are "moderate."

Why it matters: The statement comes amid unshakeable stock prices and a Reddit-fueled market frenzy — prompting widespread fears of a bubble and the role monetary policy has played in that.

Updated 1 hour ago - Politics & Policy

Pelosi appoints GOP Rep. Kinzinger to Jan. 6 committee

House Speaker Nancy Pelosi (D-Calif.) announced Sunday that she has appointed Rep. Adam Kinzinger (R-Ill.) to serve on the House select committee investigating the Jan 6. Capitol riot.

Why it matters: Pelosi's announcement comes after she rejected two of the five Republican appointments offered by House Minority Leader Kevin McCarthy (R-Calif.).

USCP chief: Officers testifying before Jan. 6 committee "need to be heard"

Thomas Manger, the new chief of the U.S. Capitol Police, Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

New Capitol Police chief Tom Manger said officers testifying before the Jan. 6 select committee this week "need to be heard."

Driving the news: The select committee's first hearing is set to take place on Tuesday and will feature testimony from law enforcement officers who were subject to some of the worst of violence during the insurrection.