 Former Trump administration officials and aides told former President Donald Trump that he had lost the 2020 election and believed he was becoming delusional about his chances of staying in office, they said in testimony to the House committee investigating the Jan. 6 insurrection. In video shown during the committee's Monday hearings, former Attorney General William Barr testified that Trump had become "detached from reality" and that he had no "interest in what the actual facts were." Former Trump campaign manager Bill Stepien testified in a previously-recorded interview that he tried to dissuade Trump from declaring victory on election night, but Trump claimed he had won anyway on Nov. 4, and falsely said there had been widespread fraud. More: - Monday's hearings shed further light on the climate inside the White House immediately following the election, where some aides apparently tried to convince Trump that declaring victory was a mistake, and attempted to discourage him from seeking the advice of conspiracy theorists.
- Stepien and former Trump adviser Jason Miller both testified that Rudy Giuliani advised Trump to declare victory on election night, and that Giuliani appeared intoxicated.
- Former Justice Department official Richard Donoghue said he had attempted to convince Trump that he had lost by debunking several of the false claims of fraud spreading after the election.
- Most of the witnesses at Monday's hearing appeared in previously-recorded testimony. Stepien was set to appear live but backed out of the hearing on Monday morning after his wife went into labor.
Zoom out: - Fox News broke into its usual programming to air parts of the committee's hearing, after declining to air the first public hearing in prime time last Thursday.
- Two-thirds of American voters (including 51% of Republicans) believe the Department of Justice should "definitely" or "probably" bring legal action against elected officials who attempted to overturn the results of an election, according to a new Politico/Morning Consult poll.
- 57% of voters in the poll said they hold Trump "very" or "somewhat" responsible for the events of Jan. 6, 2021.
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 The S&P 500 fell into bear market territory on Monday with a morning selloff that dropped the index by 3.8%. If it closes at that level, the S&P 500 would enter a bear market for the first time since the early-pandemic drop of 2020. The Nasdaq Composite Index fell by 4.5%, though it's been in bear market territory since March. An index is in a bear market when it drops 20% from a recent high. More: - The Dow dropped 630 points, or ~2%, on Monday.
- Investors reacted to news Friday that consumer prices rose 8.6% from May 2021 to May 2022, likely leading to more Federal Reserve interest rate hikes.
- Based on futures bets analyzed by CME Group, traders believe the Fed will raise interest rates by 2.5 percentage points by the end of 2022 in an effort to slow down inflation.
- The Fed is scheduled to meet on Tuesday and Wednesday, after which it is expected to announce another 50-basis point increase in interest rates.
- The Fed has the tricky task of attempting to cool down the economy without causing a recession.
- The yield on two-year U.S. Treasury bonds is 3.22%, the highest level since 2007. Bond yields go up when equity prices decline as investors move to less volatile options.
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 The FDA said Pfizer and BioNTech's COVID-19 shot for children under 5 appears safe and effective ahead of a vote Wednesday to determine if Pfizer and Moderna vaccines should be approved for use. Pfizer's dose for children between six months and four years old is one-tenth of that given to adults, and would be offered as two shots three weeks apart, with a third shot coming at least two months later. Moderna's shot, which the FDA has already established is safe and effective, is for children between 6 months and 5 years old, and is administered in doses one-fourth the size of an adult dose in two shots four weeks apart. More: - Should the FDA officially approve both shots this week, the CDC will then meet and make a recommendation about who should receive them. The agency would be expected to recommend that children receive an initial course of the vaccine.
- Less than one-third of children between 5 and 11 have received COVID-19 vaccines, despite them being available since November, leading to speculation that there wouldn't be robust demand among parents of young children right away.
- Less than 20% of parents of children under 5 say they will get their child vaccinated against COVID-19 right away after the shots are approved, with another 38% saying they will "wait and see."
- Children under 5 remain the only group in the U.S. that can't currently receive a coronavirus vaccine.
- More than 30,000 children in that age group have been hospitalized with COVID-19 since the start of the pandemic, and close to 500 have died, according to the CDC.
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 GOOD NEWS: A painting looted by the Nazis during World War II has been found and returned to the daughter of its former owner. Charlotte Bischoff van Heemskerck, now 101, said she never gave up on tracking down the 1683 portrait of Steven Wolters by Caspar Netscher. Her father, a Dutch doctor, sent the portrait to the Amsterdam Bank in Arnhem during the war for safekeeping. It was seized by the Nazis, turned up at a gallery in Düsseldorf in the 1950s, and was ultimately acquired by a private collector in 1971. After this discovery was made, the London-based Commission for Looted Art in Europe negotiated to have the painting returned to Bischoff van Heemskerck. More: - The painting will be auctioned at Sotheby's in London this July. It is likely to sell for between £30,000 and £50,000.
- She says she's distributing the money among her extended family, including the dozens of children and grandchildren of her siblings.
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 Russian forces have moved into the center of Sievierodonetsk, a key eastern Ukrainian city, and one of the last cities in the Luhansk region of the Donbas that had yet to be overtaken. Russian troops now control about 70% of the city, according to regional governor Serhiy Haidai, and Ukrainian forces are finding escape difficult after a series of bridges have been destroyed. More: - There remains only one bridge from Sievierodonetsk to escape to Lysychansk, the final city in the Luhansk region that's still in Ukrainian hands.
- Though they have lost ground, Ukrainian forces are still engaging with Russian forces in Sievierodonetsk, in "artillery duels and bloody street battles."
- Haidai says Russian forces will likely surge into the area to completely overtake the city in the coming days.
- Most of Sievierodonetsk's prewar population of 100,000 have since fled and critical infrastructure has been destroyed.
- Ukrainian President Volodymyr Zelenskyy has referred to Sievierodonetsk and Lysychansk as "dead cities."
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 Hall as Jimmy Gator in "Magnolia" (1999) Veteran film and television actor Philip Baker Hall died Sunday at the age of 90. His neighbor and friend Sam Farmer, a sports writer for the Los Angeles Times, reported the news on Twitter on Monday morning. Hall's career dates back to the 1970s, but he's most well known for appearing in the Paul Thomas Anderson films "Hard Eight," "Boogie Nights," and "Magnolia," as well as on "Seinfeld" and "Curb Your Enthusiasm." More: - Over the course of nearly six decades, Hall amassed nearly 200 film and television credits.
- Hall played library cop Lt. Joe Bookman in an episode of the third season of "Seinfeld," and returned for the show's finale.
- He also appeared in the films "Rush Hour," "The Rock," "Air Force One," and "The Insider," and on the television shows "Cheers," "M*A*S*H," "The Waltons," "Falcon Crest," and "The Practice."
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- The FAA says SpaceX will need to make more than 75 environmental adjustments before it can move forward with its Starship flight tests.
- Yellowstone National Park has closed all entrances after flooding and mudslides caused damage to the park's roads, bridges, and facilities.
- Google suspended an engineer for breaking its confidentiality policies after he claimed that an AI chatbot the company developed had become sentient.
- Netflix has officially announced a second season of the South Korean smash hit series "Squid Game." No release date was revealed.
- Disney will pay ~$3B for the broadcast rights to Indian Premier League cricket over the next five years. Viacom18 won the streaming rights for ~$2.6B.
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 |  | Jonathan Harris is a writer and editor who lives in Los Angeles. |  | | Editor | Eduardo Garcia is a writer and editor based in New York. He is the author of "Things You Can Do," an illustrated book about climate action. Bylines in The New York Times, The Guardian, Slate, Scientific American, and others. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
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