
Plus, you probably haven’t seen the Golden Globe winners.
Loading summary
Charles Schwab
This podcast is supported by Charles Schwab. Decisions made in Washington can affect your portfolio every day, but what policy changes should investors be watching? Washington Wise is an original podcast from Charles Schwab that unpacks the stories making news in Washington right now and how they may affect your finances and portfolio. Listen@schwab.com WashingtonWise.
Tracie Mumford
From the New York Times, it's the headlines. I'm Tracie Mumford. Today's Monday, January 6th. Here's what we're covering today. At 1pm a joint session of Congress is set to convene at the Capitol to certify the results of the presidential election. The process is largely ceremonial and was for the most part uneventful until last time, January 6, 2021, when rioters fueled by Donald Trump's lies about a stolen election, broke into the building and disrupted the event. The rioting led to the deaths of seven people, including three police officers, and there are reminders of that violence all over. Today, the Capitol will be on heavy lockdown, with tall, black metal fencing surrounding the building, but there's no hint of violence breaking out this year. Kamala Harris has not disputed her loss to Trump. Today she will be the one presiding over the certification in her role as president of the Senate. Congress has also overhauled the process to make clear that what Trump pushed his Vice president, Mike Pence, to do to unilaterally throw out a state's electoral votes is not allowed. Democratic Representative Jamie Raskin said today's process will, quote, be a lot more like what we've seen for the rest of American history. Meanwhile, more than 1600 people have been prosecuted in connection with the riot at the Capitol that day. Some faced felonies like assault or sedition, dishes conspiracy. Hundreds were charged with lesser crimes, and Trump has said that he plans to pardon those who were convicted. The promise of pardons is part of Trump's effort to rewrite the violent history of that day.
Alan Foyer
You might remember that immediately after the attack, Donald Trump called January 6th, and I'm quoting, a heinous attack on the United States Capitol. And he promised that all the lawbreakers that day would pay. But as I followed this story, not only has Trump changed that narrative, changed his position on it, but he's come up with an alternate reality.
Tracie Mumford
Today on the Daily my colleague Alan Foyer looks at the whitewashing of January 6th. As lawmakers gather in Washington today, they're facing a freezing winter storm that is barreled across the country from the plains to the east coast this weekend. Snow, sleet and Freezing rain led to hundreds of flights being canceled or delayed in Kansas, Missouri and Indiana. Tens of thousands of people have lost power along the storm's path. Highways have been blanketed in ice. The storm is now pushed east towards the mid Atlantic states. DC's mayor declared a snow emergency and the area could see as much as nine inches of snow. Bad weather's supposed to move offshore later today, but meteorologists say brutally cold air will settle behind it. As Donald Trump moves closer to the White House, his legal team's been trying to fight one of the last remaining criminal cases against him, his New York felony conviction in the hush money case. After multiple legal challenges, the judge in that case announced sentencing will move forward. It's set for this Friday. Trump's conviction on 34 counts could have meant up to four years in prison, but the judge has indicated that he will likely give Trump what's known as an unconditional discharge. It's a rarely used alternative to jail or probation that will let Trump go free with no punishment. Trump's team is still expected to appeal his conviction and try to get it thrown out altogether. This weekend in New York, a bold and controversial effort to reduce traffic and boost public transportation went into effect. The city became the first in the country to launch a congestion pricing program. Most cars entering the southern half of Manhattan now have to pay a $9 toll. City officials have said it will cut down on pollution and gridlock and generate billions of dollars for upgrading the subway, trains and buses, including making them more accessible for riders with disabilities. But legal challenges almost doomed the effort, and polls have shown that congestion pricing is largely unpopular in the city.
Olivia Bensimon
I'm so sorry to bother you. My name's Olivia. I'm a reporter. I'm here for the New York Times talking to people about congestion pricing.
Alan Foyer
It sucks.
Olivia Bensimon
Tell me more about that.
Tracie Mumford
Olivia Bensimon. Other Times reporters were out getting reactions on the streets yesterday.
Alan Foyer
They hope that it's going to get people to use public transportation, which is fine. But the problem is public transportation is appearing to be more and more dangerous.
Tracie Mumford
Some people raise concerns about safety on public transit. There have been a number of violent attacks on the subway recently, including when a woman was set on fire last month. Others are worried about the cost of the program.
Unnamed Interviewee
It's a tax on the working class. I want to take my kids to Jersey. You know, it's going to be impossible for someone like me that has three kids to be able to take them out and to do anything with them anymore.
Tracie Mumford
Officials said the rollout of the New system went smoothly. But the first major test of its impact on traffic in the city will come this morning during rush hour. And finally, are you guys ready to kick this thing off? The Golden Globes were last night the traditional glitzy start to awards season. This year's ceremony was hosted by the comedian Nikki Glazer. I like, did not know much about wigga going into this year because I had friends in high school, but I loved it. And while the absolutely inescapable wig wicked got some love, the awards veered way more towards movies that very few Americans have had a chance to see.
Alan Foyer
And the Golden Globe goes to the Brutalist.
Tracie Mumford
Best drama went to the Brutalist, a historic epic about an architect after World War II, which isn't even in wide release yet. The film is long enough that it has an intermission.
Alan Foyer
No one was asking for a three and a half hour film about a mid century designer, but it works.
Tracie Mumford
Director Brady Corbett acknowledged how much of a long shot his film was when he accepted the award. And best comedy or musical then went to Amelia Perez, a Spanish language musical about a cartel boss who's transgender. The film is on Netflix and in just a few theaters. The Globes are usually seen as a preview of what could win big at the Oscars. But these big wins for little seen movies don't offer a clear picture. Oscar nominations come out January 17th. Those are the headlines. I'm Tracey Mumford. We'll be back tomorrow.
Podcast Summary: "Harris to Certify Trump’s Victory, and Driving in Manhattan Gets Pricier"
Date Released: January 6, 2025
Host: Tracie Mumford, The New York Times
Tracie Mumford opens the episode by addressing the pivotal event scheduled for the day: a joint session of Congress convening at the Capitol to certify the results of the presidential election. This process, typically ceremonial and orderly, carries significant historical weight due to the events of January 6, 2021, when rioters, fueled by former President Donald Trump's claims of a stolen election, disrupted the certification process, resulting in seven fatalities, including three police officers.
Today’s certification is under heightened security, with the Capitol surrounded by tall, black metal fencing. Unlike the tumultuous events of 2021, there are no indications of violence this year. Kamala Harris, serving as the President of the Senate, will oversee the certification process. Importantly, Harris has not disputed the election results, reflecting a steadier approach compared to the previous administration.
Democratic Representative Jamie Raskin emphasized the integrity of today's proceedings, stating that it will "be a lot more like what we've seen for the rest of American history" (00:25).
The aftermath of the January 6th riot continues to unfold, with over 1,600 individuals prosecuted in connection to the events. Charges range from felonies such as assault and sedition to lesser offenses. Donald Trump has hinted at using his presidential pardon power to absolve those convicted, an effort perceived by some as an attempt to "rewrite the violent history of that day" (00:25).
Alan Foyer reflects on Trump's shifting narrative regarding the Capitol attack, noting, "you might remember that immediately after the attack, Donald Trump called January 6th, and I'm quoting, a heinous attack on the United States Capitol" (02:09). Foyer criticizes Trump for altering his stance and creating an "alternate reality" around the events of that day (02:39).
As Donald Trump positions himself for a potential return to the White House, his legal battles persist. Specifically, his New York felony conviction in the hush money case proceeds despite extensive legal maneuvering by his team. The sentencing is slated for Friday, with the possibility of an "unconditional discharge," a rare judicial remedy allowing Trump to avoid punishment. "Trump's team is still expected to appeal his conviction and try to get it thrown out altogether," notes Tracie Mumford (04:25).
Lawmakers convening in Washington face more than just political tension; a severe winter storm is sweeping across the country, affecting regions from the Plains to the East Coast. The storm has resulted in numerous flight cancellations in states like Kansas, Missouri, and Indiana, with hundreds losing power and highways becoming treacherously icy. Washington D.C. has declared a snow emergency, anticipating up to nine inches of snow. While the storm is expected to move offshore later in the day, meteorologists warn of lingering brutally cold air (00:25).
In a bold move to alleviate traffic and enhance public transportation, New York City has implemented the nation's first congestion pricing program. Cars entering the southern half of Manhattan must now pay a $9 toll. Tracie Mumford outlines the administration’s goals: reducing pollution and gridlock while generating funds for subway, train, and bus upgrades, including improvements for riders with disabilities (04:25).
However, the initiative has faced significant public backlash. Olivia Bensimon, a reporter for The New York Times, gathers street opinions, revealing widespread discontent. An unnamed interviewee expresses frustration, stating, "It's a tax on the working class. I want to take my kids to Jersey... it's going to be impossible for someone like me that has three kids to be able to take them out and to do anything with them anymore" (05:32).
Alan Foyer comments on the safety concerns tied to increased public transportation usage: "They hope that it's going to get people to use public transportation, which is fine. But the problem is public transportation is appearing to be more and more dangerous" (05:12). Additionally, Tracie Mumford highlights fears over rising costs and recent violent incidents on the subway, including a harrowing attack where a woman was set on fire (05:20).
Despite these challenges, city officials assert that the congestion pricing rollout has been smooth, with today's rush hour serving as the first real test of its effectiveness (05:47).
Shifting to the realm of entertainment, Tracie Mumford provides a recap of the Golden Globe Awards held the previous night. Hosted by comedian Nikki Glaser, the ceremony adorned its traditional glitz but also sparked conversation due to its unconventional award recipients.
The top honor for Best Drama was awarded to "The Brutalist," a historic epic centered on an architect post-World War II. Notably, the film has not seen a wide release yet and features an intermission due to its three-and-a-half-hour runtime. Alan Foyer remarks humorously, "No one was asking for a three and a half hour film about a mid-century designer, but it works" (06:42).
In the Best Comedy or Musical category, "Amelia Perez," a Spanish-language musical about a transgender cartel boss available on Netflix and select theaters, took home the award. These choices have led to discussions about the Golden Globes' role in predicting Oscar successes, with Tracie Mumford noting that these award wins may not provide a clear indicator for the upcoming Oscars scheduled for January 17th (06:37).
Conclusion
Today's episode of "The Headlines" delves into significant political developments, legal battles influencing the highest offices, infrastructural changes impacting daily commuters, and notable events in the entertainment industry. Through insightful reporting and compelling quotes, Tracie Mumford offers listeners a comprehensive overview of the day's top stories, ensuring that even those who haven't tuned in can stay informed.
Transcript Reference: The provided transcript excerpts are denoted in brackets (e.g., [00:25]).