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Data: World Health Organization; Chart: Andrew Witherspoon/Axios

President Trump announced yesterday that the U.S. would suspend funding for the World Health Organization, pending a review. Rising scrutiny of the WHO, and especially the perception that China wields strong influence over it, has led GOP leaders to call for funding cuts.

Why it matters: The U.S. is by far the largest single contributor to the WHO. In 2018–2019, according to information on the WHO website, the U.S. provided 14.67% of the WHO's total funding, whereas China provided just 0.21%.

What's next: Threats to cut funding could bring the WHO more in line with U.S. wishes — or it could have the opposite effect, causing it to rely more heavily on Beijing.

Go deeper: WHO chief reacts to Trump halting U.S. funds over coronavirus response

Go deeper

Biden rules out requiring COVID tests for domestic flights for now

Airline passengers walk in Newark Liberty International Airport. Photo: Noam Galai/Getty Images

The Biden administration has ruled out requiring negative COVID-19 tests for passengers on domestic flight for now, per multiple reports on Friday.

Driving the news: Transportation Secretary Pete Buttigieg told "Axios on HBO" earlier this month that the U.S. was considering the possible mandate. But the White House said Friday that the Centers for Disease Control and Prevention is "not recommending required point of departure testing for domestic travel" at this time, per Bloomberg.

Reddit, Robinhood and Citadel CEOs to testify at GameStop hearing next week

Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, at a hearing in December. Photo: Getty Images

Executives at the center of the GameStop trading saga — including from Reddit and Robinhood, plus hedge funds Melvin Capital and Citadel — will testify before Congress next week, the House Financial Services committee announced on Friday.

Why it matters: The virtual hearing is the first since the fallout of the Reddit stock trading frenzy that pushed stocks like GameStop and AMC Entertainment to meteoric heights — and the first time some of these executives will speak publicly about it.