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Photo: Saul Loeb / AFP / Getty Images

President Trump told reporters as he left the White House Tuesday that he made the decision to fire Secretary of State Rex Tillerson "by myself" and admitted that he "didn't really discuss it much" with Tillerson before announcing it on Twitter.

His reasoning: Trump said that he appreciated Tillerson's commitment the position, but that the two "disagreed on things." The president said that he and Pompeo are much more aligned, adding, "From day one, I have gotten along with Mike Pompeo."

Top quotes:

  • "I've worked with Mike Pompeo now for quite some time. Tremendous energy, tremendous intellect. We're always on the same wave length. The relationship has always been very good. That's what I need as secretary of state."
  • "I actually got along well with Rex. But really it was a different mindset. It was a different thinking ... I wish Rex a lot of good things … I think Rex will be much happier now."
  • "I’m really at a point where we're getting very close to having the cabinet and other things that I want."

Go deeper

Updated 18 mins ago - Politics & Policy

Inauguration Day dashboard

Screenshot: Fox News

President Trump has delivered a farewell speech and departed Washington for the last time on Air Force One, kicking off the day that will culminate with President-elect Joe Biden taking office.

What's next: The inaugural celebration for young Americans is being livestreamed, starting at 10am.

Updated 34 mins ago - Politics & Policy

Trump departs on final Air Force One flight

President Trump and his family took off on Air Force One at 9 a.m. on Wednesday morning for the final time en route to Florida.

The big picture: Trump's final hours as president were punctuated by his decisions to snub his successor's inauguration and grant pardons to many of his allies who have been swept up in corruption scandals.

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Janet Yellen said all the right things to reassure the markets

Illustration: Aïda Amer/Axios

Treasury Secretary nominee and former Fed chair Janet Yellen's confirmation hearing before the Senate Finance Committee on Tuesday showed markets just what they can expect from the administration of President-elect Joe Biden: more of what they got under President Trump — at least for now.

What it means: Investors and big companies reaped the benefits of ultralow U.S. interest rates and low taxes for most of Trump's term as well as significant increases in government spending, even before the coronavirus pandemic.