Jordan Candler / January 29, 2021

Friday Executive News Summary

GameStop controversy, a dubious DOJ prosecution, Andrew Cuomo’s deceit, and more.

Top of the Fold

  • The White House refuses to address GameStop controversy (Fox News)

  • Congressional committees to hold hearings on trading fallout (Examiner)

Someone’s Got Some ‘Splainin’ to Do

  • Treasury Secretary Janet Yellen received nearly $810,000 from hedge fund embroiled in GameStop debacle (Examiner)

  • Yellen was also paid by Chinese Communist Party-linked group that even The Washington Post highlighted (National Pulse)

  • Nancy Pelosi’s Tesla stock purchase before Biden’s “Buy American” EO raises ethical and legal questions (PJ Media)

Big Tech Oligarchs

  • The inmates are running the asylum: Facebook “supreme court” orders social network to restore four posts in first rulings (NPR)

Seriously, this story reads like a courtroom drama: “The Trump case, which the board has 90 days to consider since receiving it last week, is seen as a crucial test of the panel’s legitimacy. The board will begin taking public comment on it on Friday.”

Government & Politics

  • Officially living in a dystopia: Biden DOJ dubiously prosecutes an online meme guy for spreading voter disinformation in the 2016 election (National Review)

  • “It’s all politics” indeed, governor: Andrew Cuomo administration undercounted COVID deaths in nursing homes by 50%, New York AG says (Daily Caller)

  • Biden revives international abortion funding even though 77% oppose it (World)

  • “The radical Democrat agenda must be stopped”: Donald Trump commits to campaigning for Republicans in 2022 (Post Millennial)

  • Orwellian gun control bill proposed by Sheila Jackson-Lee would create public registry of all firearms (Bearing Arms)

National Security

  • China flexes its military muscle in Taiwan and Philippines (National Review) | Secretary of State Antony Blinken issues early warning to China after “verbal threat of war” (Examiner)

  • Capitol Police chief calls for “permanent fencing” around (ahem) the People’s House (Examiner)

  • Biden Pentagon says Trump right-sized Afghanistan force, but officials won’t commit to full withdrawal (Examiner)

  • “The Pearl family is in complete shock by the decision”: Islamist convicted of beheading WSJ reporter Daniel Pearl acquitted (Reuters)

Annals of the “Social Justice” Caliphate

  • Maryland church donates $500K in reparations to “atone” for slavery (NY Post)

  • Guilt by association by association by association: Literary agent fired for merely having an account on Parler (Not the Bee)

  • Godzilla is now a “gender-neutral icon” because there wasn’t enough woke insanity in the world already (Not the Bee)

Other Notables

  • Novavax says its COVID vaccine is more than 89% effective (CNBC)

  • U.S. economy slowed sharply in fourth quarter (NPR)

Non Compos Mentis

  • Dumbest bank robber ever? Armed bandit in Chicago demands $10,000 but then hands teller his state ID upon request (Daily Mail)

Closing Arguments

  • Policy: Three problems with Biden’s childcare rescue plan (IFS)

  • Policy: The GameStop squeeze will end badly (National Review)

  • Humor: Jen Psaki says she’ll “circle back” to question about why Biden is wandering the press room sniffing reporters (Babylon Bee)

For more of today’s editors’ choice headlines, visit Headline Report.

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