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"We can’t wait any longer": Pelosi says the House will move forward with Jan. 6 investigations

Speaker Nancy Pelosi said Tuesday the House will move forward with investigating the deadly Jan. 6 insurrection, AP reports.

Why it matters: The Senate last month failed to advance a bill that would create a 9/11-style commission to investigate the Capitol riot. Pelosi's comments come after military officials and FBI Director Christopher Wray testified earlier Tuesday on the Jan. 6 events.


What she's saying: Pelosi met with several committee chairs prior to the hearing and said after that the final form of the probe is "to be determined," per AP.

  • "Whether we have a commission today, tomorrow or the next day over in the Senate, or not, the work of the committees will be very important in what we’re seeking for the American people — the truth," Pelosi said.
  • "We can’t wait any longer," she added. "We will proceed."

The big picture: A Senate report released last week found that Capitol Police intelligence began gathering data on plots to breach the Capitol last December, but failed to convey the threats to USCP leadership, rank-and-file officers or federal law enforcement agencies.

  • President Biden has opposed appointing his own commission to investigate the insurrection. White House officials told Axios he is allowing Pelosi to take the lead.
  • Two in three Americans — including the majority of moderate and liberal Republicans — favor creating a bipartisan commission to investigate the deadly attack, per a May SurveyMonkey poll for Axios.

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Retailers charter boats to circumvent supply chain crisis, get goods from overseas

The world’s shipping chaos is pushing mega-retailers to make new investments: their own cargo ships.

Why it matters: It’s one way big companies are trying to circumvent the pandemic-fueled supply chain crisis that’s left store shelves sparse.

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K-12 students fell 4 to 5 months behind on learning during pandemic

Elementary school students in the U.S. ended the school year four to five months behind their expected level of academic achievement, according to a new report.

Why it matters: Months of school closures and often inferior remote education eroded what schoolchildren would have learned since the pandemic began, and caused some to go backwards.

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White House selects destinations for first wave of vaccine donations

The Biden administration has laid out its framework for sharing vaccines for the world and named the recipients of the first 25 million doses, taking a major step toward becoming a global vaccine supplier.

Why it matters: The U.S. had been the only major vaccine producer to keep virtually its entire supply at home while countries looked to Russia or China for doses. But Biden has pledged to share at least 80 million doses this month and additional shipments beyond that.

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LeBron James and private equity firm to buy into Boston Red Sox

Boston Red Sox majority owner John Henry has agreed to sell a roughly 11% stake in the team's parent company to RedBird Capital Partners, Axios has confirmed with a source close to the situation. Separately, LeBron James has acquired around a 1% stake in the club.

Why it matters: It's a massive return on investment for Henry, who in 2001 paid what was then a record $700 million for the Red Sox. This deal values its parent company, Fenway Sports Group, at around $7.3 billion.

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