Good morning. It's Monday, Jan. 20, and we're covering a presidential swearing-in, the march to Super Bowl LIX, and much more. First time reading? Join over 4 million intellectually curious readers. Sign up here.
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President-elect Donald Trump will be formally sworn in today, becoming the 47th president of the United States. The ceremony comes eight years after he was sworn in for his first term and makes Trump only the second US president to serve nonconsecutive terms alongside Grover Cleveland (1885-89, 1893-97). Former Ohio Sen. JD Vance will become the third-youngest vice president in history at 40 years old. See a brief history of inauguration speeches here.
The event—typically held on the US Capitol's West Front, overlooking the National Mall—will be moved inside to the building's rotunda as a polar vortex brings plunging temperatures to most of the country. It marks the first time the ceremony has been held indoors since Ronald Reagan's second term in 1985.
All four living presidents—Bill Clinton, George W. Bush, Barack Obama, and Joe Biden—are expected to attend. Livestream the day here (12 pm ET).
Trump is expected to take a number of actions on campaign priorities on his first day back in office, including reported immigration sweeps in Chicago targeting roughly 300 unauthorized migrants with histories of violent crimes starting tomorrow.
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Three Israeli women who were held hostage by Hamas in the Gaza Strip for roughly 470 days were released yesterday after a long-awaited ceasefire deal between Hamas and Israel went into effect. About 90 Palestinians imprisoned in Israel were also released. The temporary truce is seen as a potential path to ending the 15-month war.
The three women (see more here) are among a set of 33 hostages Hamas is expected to free in the next six weeks in exchange for hundreds of imprisoned Palestinians. The exchange is part of the first phase of the ceasefire deal, which includes a 42-day pause in fighting and a withdrawal of Israeli forces from densely populated areas in Gaza.
Negotiations for a second phase, in which more hostages will be freed, will begin next month. A third phase—to be fully determined later—is expected to focus on Gaza's reconstruction and the return of any remaining deceased hostages. Israel believes roughly 95 hostages remain, with about one-third deceased. Hamas abducted around 250 people during its Oct. 7, 2023, cross-border attack.
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The NFL conference championships are set after a weekend of action, with the final four featuring three familiar faces and one newcomer.
Led by star QB Patrick Mahomes, the Kansas City Chiefs return to the AFC championship for the seventh straight year, continuing their quest to become the first team in NFL history to win three consecutive Super Bowls. The Chiefs, who beat the Houston Texans 23-14, will face the Buffalo Bills, who held off the Baltimore Ravens 27-25.
In the NFC, the Washington Commanders reached their first conference championship since 1991, upsetting the top-seeded Detroit Lions 45-31. Washington will face a division rival in the Philadelphia Eagles, who outlasted the Los Angeles Rams 28-22. Philadelphia rode running back Saquon Barkley, who notched 205 yards, including touchdown runs of 78 and 62 yards.
All four will play next weekend (see bracket), with the winners facing off Sunday, Feb. 9, in Super Bowl LIX in New Orleans.
Separately, No. 8 Ohio State and No. 7 Notre Dame face off tonight for the college football national championship (7:30 pm ET, ESPN). Ohio State enters as an 8.5-point favorite to win the title.
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In partnership with FinanceBuzz
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In partnership with Pacaso
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