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Senate holding hearing for intel chief Friday amid calls to protect national security

Jan. 13, 2021 10:59PM EST
Dan Ackermann

Senate Republicans are heeding calls to protect national security, agreeing to hold a confirmation hearing Friday for Joe Biden's nominee for director of national intelligence.

Why it matters: The president-elect's transition team has argued swift confirmation hearings — especially for its national security nominees — are crucial following last week's attack on the Capitol, threats of violence surrounding next week's inauguration and global political tensions.

The details: The hearing will take place at noon via WebEx. It will occur virtually, since senators are in recess until Jan. 19.

The backdrop: The nominee for ODNI, Avril Haines, served as CIA deputy director from 2013 to 2015, and deputy national security adviser from 2015 to 2017.

  • She has a long history of working on critical cybersecurity and digital challenges facing the intelligence community.

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Senate passes bill that would ban all products from Xinjiang over China rights abuse

The Senate unanimously passed a bill on Wednesday that would ban the importation of all products from Xinjiang, China, due to the forced labor and genocide of Uyghurs and other minorities in the region.

Why it matters: Xinjiang products are deeply integrated into lucrative global supply chains, and Nike and Coca-Cola are among the major companies to have lobbied against the Uyghur Forced Labor Prevention Act, per Axios' Bethany Allen-Ebrahimian.

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Bezos vs. Branson: Another billionaire space battle is brewing

The race between billionaires Jeff Bezos and Richard Branson to make suborbital space tourism a viable business is heating up.

Why it matters: The disagreements between Bezos and Elon Musk capture the limelight, but the competition between Bezos' Blue Origin and Branson's Virgin Galactic could soon make space a destination for ordinary citizens.

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Income inequality is primarily automation-driven, economists argue

Automation technology has been the primary driver in U.S. income inequality over the past 40 years, according to a new paper by two prominent economists in the field.

Why it matters: Offshoring, the decline of unions, and corporate concentration have all played a part in widening the gap between lower-skilled and higher-skilled workers, but automation is the single most significant factor, and will likely grow even more important in the years ahead.

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It’s starting: Employers are asking workers to go back to the office this summer

It’s starting: Employers are asking workers to go back to the office this summer. Those callbacks are expected to be more common after Labor Day.

Why it matters: Getting back to normal could undo the total work-at-home routine office workers have adopted.

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