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Photo: Chip Somodevilla/Getty Images

President Trump is planning on closing off the southern border to any Central Americans traveling toward the U.S. in the migrant caravan and denying any requests for asylum, the Washington Post reports.

The big picture: He wants to invoke the same powers as he did during the 2017 travel ban, which says he can reject certain migrants from receiving asylum because it would be "detrimental to the interests of the United States," per the Post. Doing this could bring legal action from U.S. courts. He also plans to send around 1,000 additional troops for added security at the border.

Go deeper

Updated 10 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 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.

The state of play: Biden and Vice President-elect Biden have arrived at the Capitol. Members of congressional leadership and VIPs will soon be introduced. Watch a livestream here.

Dan Primack, author of Pro Rata
22 mins ago - Economy & Business

Momentum builds for major antitrust reform

Illustration: Aïda Amer/Axios

President Trump's outgoing antitrust chief Makan Delrahim on Tuesday endorsed a proposal from House Democrats that would put new limits on acquisitions by large companies, during comments made at a Duke University event.

Why it matters: Momentum is building for major antitrust reform, updating rules that were written for railroads instead of routers.

Updated 2 hours 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.