Today’s Headlines: At Davos, Trump hosted the signing of his new “Board of Peace,” a pay-to-play lineup including Belarus, Hungary, Egypt, Qatar, and Kazakhstan, with countries reportedly paying about $1 billion to join. Several European nations declined, warning the board looks like an attempt to sideline the UN. Jared Kushner also floated a vague, zone-based plan for rebuilding Gaza. Back home, Trump filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, claiming he was “debanked” after January 6. JPMorgan says the case has no merit. In other news, former DOJ special counsel Jack Smith testified to Congress, warning of serious threats to democracy and criticizing mass pardons for January 6 defendants. Trump responded by publicly calling for Smith to be prosecuted. In Minnesota, ICE detained a 5-year-old child and his father outside their home, while school officials confirmed multiple students have been taken into custody, some on their way to school. Local police chiefs also say ICE has stopped off-duty officers based solely on skin color. DHS announced the next enforcement push will be in Maine. The New York Times reports the Trump family made at least $1.4 billion in 2025, driven by overseas real estate, crypto, settlements, and foreign gifts. A growing pardon-for-hire industry has wiped out hundreds of millions in restitution owed to victims. A new analysis found Elon Musk’s AI chatbot Grok generated millions of sexualized deepfake images in just nine days. And finally, a massive winter storm named Fern is expected to hit much of the U.S. this weekend, potentially affecting over 230 million people.

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