The U.S. Capitol building is prepared for the inauguration ceremonies for President-elect Joe Biden as the "Field of Flags" are illuminated on the ground on the National Mall on Monday, Jan. 18, 2021. in Washington, DC. Approximately 191,500 flags will cover part of the National Mall and will represent the American people who are unable to travel to Washington, for the inauguration. (Joe Raedle/Pool via AP)
The completed "Field of Flags" display on the National Mall in Washington DC was lit up by powerful beacons on Monday.
The display was organized by the Presidential Inaugural Committee to mark the upcoming swearing-in of President-elect Joe Biden.
Echoing the "America United" theme of inauguration week, the display features 191,500 US flags and 56 pillars of light.
The pillars symbolize every US state and territory, according to the Committee.
It added the display represented all Americans unable to travel to Washington DC to attend the inauguration due to the coronavirus pandemic.
Sabrina Siddiqui, National Politics Reporter at The Wall Street Journal, joins to break down the SNAP funding delays and the human cost of the ongoing shutdown.
Arguments at the Supreme Court have concluded for the day as the justices consider President Donald Trump's sweeping unilateral tariffs in a trillion-dollar test of executive power.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. The move comes amid a fraught time for the central bank, with hiring sluggish and yet inflation stuck above the Fed’s 2% target. Compounding its challenges, the central bank is navigating without much of the economic data it typically relies on from the government. The Fed has signaled it may reduce its key rate again in December but the data drought raises the uncertainty around its next moves. Fed Chair Jerome Powell told reporters that there were “strongly differing views” at the central bank's policy meeting about to proceed going forward.
U.S. and Chinese officials say a trade deal between the world’s two largest economies is drawing closer. The sides have reached an initial consensus for President Donald Trump and Chinese leader Xi Jinping to aim to finalize during their high-stakes meeting Thursday in South Korea. Any agreement would be a relief to international markets. Trump's treasury secretary says discussions with China yielded preliminary agreements to stop the precursor chemicals for fentanyl from coming into the United States. Scott Bessent also says Beijing would make “substantial” purchases of soybean and other agricultural products while putting off export controls on rare earth elements needed for advanced technologies.
