Biden Pardons Mark Milley

“After forty-three years of faithful service in uniform to our Nation, protecting and defending the Constitution, I do not wish to spend whatever remaining time the Lord grants me fighting those who unjustly might seek retribution for perceived slights.”

— Retired Army Gen. Mark Milley said he was “deeply grateful” to receive a preemptive pardon from outgoing President Joe Biden Monday, USA Today reports.

Biden Warns Nation of Rising Oligarchy

“Today an oligarchy is taking shape in America — of extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms, a fair shot for everyone to get ahead.”

— President Biden warned Americans of a “dangerous concentration of power” in the hands of a “very few ultra-wealthy people” and the impact he feared it would have on the country’s democracy as he delivered a farewell address Wednesday from the Oval Office, Bloomberg reports.

Trump Has No Economic Plan

“Even though he will take office in just a few days, we have almost no idea. … That’s not because the Trump team is keeping its plans closely held, nor is it because there are major factional fights. All the evidence suggests, instead, that Trump’s economic team still doesn’t have any plans, or even concepts of plans. All it has are some half-formulated thoughts about how to cater to Trump’s prejudices without doing massive economic damage.”

— Paul Krugman

Justice Department Releases Smith Report Detailing Trump’s Jan. 6 Crimes

“The department’s view that the Constitution prohibits the continued indictment and prosecution of a president is categorical and does not turn on the gravity of the crimes charged, the strength of the government’s proof or the merits of the prosecution, which the office stands fully behind,” Mr. Smith wrote in his report. “Indeed, but for Mr. Trump’s election and imminent return to the presidency, the office assessed that the admissible evidence was sufficient to obtain and sustain a conviction at trial.”

— The New York Times: The Justice Department delivered the 137-page volume — representing half of Mr. Smith’s overall final report, with the volume about Mr. Trump’s other federal case, accusing him of mishandling classified documents, still confidential — to Congress just after midnight on Tuesday.