10 things you need to know today: January 11, 2017

Trump slams report that Russia has compromising information on him, Obama says an emotional farewell, and more

President Obama gives his farewell speech in Chicago
(Image credit: Darren Hauck/Getty Images)

1. Report claims Russia may have 'compromising' information on Trump

U.S. intelligence chiefs last week presented President-elect Donald Trump with a summary of unsubstantiated reports that Russia had compromising information about him, officials with knowledge of the briefing said Tuesday. The summary, delivered as an appendix to a joint intelligence report on Russian hacking during the election season, was based on memos by political operatives who were trying to derail Trump's campaign. The information came from a former British intelligence operative considered credible by U.S. intelligence officials, although it has not been verified. Trump, who is expected to face questions on Russian hacking and his business ties in a Wednesday news conference, tweeted that the report was "a total political witch hunt." The Kremlin said it had no compromising dossier on Trump.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.