Bloomberg's Power On The Rise

A host of big-name performers including Kid Rock and country singer Jason Aldean will be making their way to Washington, D. C., to perform at various presidential inauguration events over the weekend. The Trump Vance Inaugural Committee unveiled most of the lineup Wednesday. Kid Rock, a longtime Trump supporter, and Billy Ray Cyrus will join Lee Greenwood and The Village People at the Make America Great Again Rally at Capital One Arena in downtown Washington on Sunday, along with a choir from Liberty University. [time-brightcove not-tgx=”true”] “The pageantry is wonderful.

When he ran for President, Joe Biden promised to “restore the soul” of the country after four years of Donald Trump’s divisive and chaotic leadership. Now, in a few short days, he’s handing the Oval Office back to Trump—though he clearly feels like his work is unfinished. [time-brightcove not-tgx=”true”] In a 20-minute farewell address to the nation Wednesday night, Biden said he was optimistic about the promise of America.

Speaker Mike Johnson has decided to remove Rep. Mike Turner (R-OH) as the chair of the House Intelligence Committee, a major shakeup of one of the most prized committees on Capitol Hill, Punchbowl News reports. “Two issues weighed against Turner, according to sources familiar with the decision. People in President-elect Donald Trump’s orbit were opposed to Turner continuing as Intel chair.

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. Said Biden: “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.” New York Times: “It is notable that Biden, who has long been an institutionalist, used his final farewell address to call for major changes to the systems he has spent decades defending.”

Rep. Byron Donalds (R-FL) has been telling potential donors and Florida political players that he is running for governor in 2026, the clearest signal yet that his much-expected bid is moving forward, NBC News reports.

The television networks have adjusted their prime time schedules to make room for President Biden’s farewell address to the nation at 8 p.m. ET. Leave your reactions in the comments.