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Pelosi to reconvene House next week after House Republicans reject Trump-backed COVID proposal

House Speaker Nancy Pelosi (D-Calif.) is bringing Congress back to the Capitol on Monday to vote on a proposal to hike coronavirus relief payments to $2,000, after Republicans rejected a move to approve the measure by unanimous consent.

Why it matters: The long-shot attempt came after President Trump suggested he wouldn't sign the coronavirus relief bill — which included a trillion government funding measure to avoid a government shutdown on Monday — unless Congress increased the direct payments from $600 to $2,000.


What they're saying: “Today, on Christmas Eve morning, House Republicans cruelly deprived the American people of the $2,000 that the President agreed to support," Pelosi said in a release. "If the President is serious about the $2,000 direct payments, he must call on House Republicans to end their obstruction."

Be smart: The president also rattled off a number of other gripes he had about the measure, so even if Congress passes the $2,000 direct payment measure there's still no guarantee Trump signs the mega bill.

Caitlyn Jenner files paperwork to run for governor of California

Former Olympic decathlete and reality TV star Caitlyn Jenner has filed her initial paperwork to run for governor of California and will officially announce her bid later today, her campaign tells Axios.

The big picture: Jenner, a longtime Republican, is seeking to replace Democratic Gov. Gavin Newsom in a recall election, hoping her celebrity status and name recognition can yield an upset in the nation's most populous state.

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New laws, new rules bring big changes to college sports

The college sports landscape could change more in the next six months than it has in the last 50 years, as the NCAA grapples with new competition, new laws and new rules.

How it works... 1. Startup leagues: Investors are flocking to new leagues that aim to compete with the NCAA, evidence of just how much opposition there is to the amateurism model — and how much belief there is in new ones.

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Malaria vaccine from Oxford's COVID-19 team highly effective in early trials

A malaria vaccine developed by Oxford University was found to have "high-level efficacy" in phase II trials, according to a pre-print study released on Friday.

Why it matters: Malaria kills over 400,000 people a year, more than half of them children under the age of 5. Deaths have fallen in half over the past 20 years thanks to investment in prevention and drugs, but a truly effective malaria vaccine would represent one of the greatest victories in the history of public health.

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87% of Americans are worried about inflation

Data: CivicScience; Chart: Will Chase/Axios

Americans are growing more concerned about rising costs and are consistently boosting their inflation expectations, new data show.

Driving the news: A new survey from CivicScience shows 87% of those surveyed in a representative sample of U.S. adults say they are at least "somewhat concerned" about the increasing cost of household expenses (all numbers are rounded to the nearest percentage point).

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SpaceX launches crew of four to the International Space Station

Four astronauts took flight to the International Space Station aboard a SpaceX Crew Dragon early Friday morning.

The big picture: This marks the third time SpaceX has launched people to space for NASA, helping the space agency end its reliance on Russia's Soyuz spacecraft and rocket for trips to the space station.

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Biden will unveil eye-popping new tax rates for wealthiest Americans

President Biden in the next few days will unveil eye-popping new tax rates for the wealthiest Americans —a top marginal income tax rate of 39.6% and a capital gains rate of 43.4%.

Why it matters: The proposal, to be announced ahead of Biden's address to Congress next Wednesday, is an opening bid for Hill negotiations.

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The next generation of coronavirus vaccines won't come as quickly

A flood of cash from Operation Warp Speed helped coax a slew of biotech companies into the race for a coronavirus vaccine, but the incentives to keep working on new competitors won't be nearly as strong.

Why it matters: That initial flood of cash worked — it delivered multiple, highly effective vaccines in record time. In other disease areas, though, second- and third-generation vaccines usually become the dominant products. And the first COVID-19 vaccines aren't necessarily a great fit for the whole world.

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The Biden climate doctrine emerges at summit

President Biden's climate summit is highlighting a White House approach that blends diplomacy, executive power, salesmanship and a few threats too.

  • Here are a few pillars of the emerging Biden doctrine.
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