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Sen. Tom Cotton (R-AR) beat out Sen. John Cornyn (R-TX) to claim the gavel of the Senate Intelligence Committee, despite suggestions Cornyn should get the position “as a consolation prize after his failed leader bid,” Politico reports.

New York Times: “These days, it seems that everyone who is anybody on Wall Street — to say nothing of a whole lot of nobodies — is amped up for Mr. Trump’s return to the Oval Office. In interviews, bankers, lawyers, investors and corporate executives with a wide range of political views said that despite mixed opinions on Mr.

“President-elect Donald Trump is continuing to fill out key posts at the Office of Management and Budget with two staff picks on Tuesday,” Politico reports. “Trump picked Rep. Dan Bishop of North Carolina as deputy director of the OMB. Bishop lost his election in the North Carolina attorney general race in November.”

“President-elect Donald Trump announced private equity executive Tom Barrack, a longtime ally who faced legal scrutiny for his work on behalf of the United Arab Emirates, as his pick to be the next U. S. ambassador to Turkey,” Politico reports.

“Donald Trump Jr. and Kimberly Guilfoyle have broken up,” sources tell Page Six. “Insiders add that Trump Jr. has moved on with Palm Beach socialite Bettina Anderson.”

“A federal judge on Tuesday night rejected the auction sale of Alex Jones’ Infowars to The Onion satirical news outlet, criticizing the bidding process as flawed and the amount of money that families of the 2012 Sandy Hook Elementary shooting stood to receive,” the AP reports.