On Wednesday, President Biden will host President-elect Donald Trump in the Oval Office as Trump continues to build his administration. Trump says billionaires Elon Musk and Vivek Ramaswamy will head a new agency to cut what he sees as waste in the federal government. He also announced he is nominating Pete Hegseth to serve as defense secretary. The Fox News host and Army veteran has blasted diversity, equity and inclusion initiatives in the military. Source

President-elect Donald Trump has repeatedly said he plans to fire special counsel Jack Smith. Source

Climbing gold prices may signal deeper worries about inflation. Here’s what to consider now. Source

The Biden administration says “some progress” by Israel to address civilian suffering in Gaza is enough to keep American weapons flowing. Source

President-elect Donald Trump managed to surprise some Republicans on Capitol Hill with his choice for secretary of defense, going with Fox News host and veteran Pete Hegseth. CBS News political director Fin Gómez has more on who Hegseth is and the new White House roles Trump has selected Elon Musk and Vivek Ramaswamy for. Source

Trump tapped Vance as his running mate in July, prompting him to depart from the Senate to serve as vice president following the election. Here’s how the process works. Source

Germán Reyes was arrested on charges of homicide for the killing of Alejandro Arcos just a week after he took office as mayor, officials said. Source

The U.S. says there will be a “firm response” as Ukrainian forces holding ground in Russia’s Kursk region now face North Korean troops “engaging in combat.” Source

The babies – one born on Feb. 14 and the other on Feb. 15, 1965 – are now 59-year-old women and they are filing a lawsuit. Source

Fernando Valenzuela, the beloved Los Angeles Dodgers pitching ace who helped the team win the 1981 World Series, died of septic shock last month, according to his death certificate. Source