News Snapshot:
With Republicans set to take control of the House and Biden’s Democrats maintaining a razor-thin edge in the Senate, the president must now find a way to work with GOP lawmakers to get things done. Rather than driving the economic policy agenda on Capitol Hill, Biden will be along for the ride — forced to grapple with issues that Republicans care about, or else settle for gridlock. That means he’ll have to seek common ground with the GOP on issues from standing up to China to reining in Big Tech. Yet even with a potential recession looming, he’ll confront stiff...