10 things you need to know today: February 4, 2021

Schumer and McConnell reach a Senate power-sharing deal, House Republicans keep Liz Cheney in leadership post, and more

Liz Cheney in Washington heading to the House floor
(Image credit: Tasos Katopodis/Getty Images)

1. Schumer, McConnell reach Senate power-sharing deal

Senate Majority Leader Chuck Schumer (D-N.Y.) and Minority Leader Mitch McConnell (R-Ky.) announced Wednesday that they had reached a power-sharing deal for the chamber, which is split 50-50 with Vice President Kamala Harris' tie-breaking vote giving Democrats a narrow majority. The agreement cleared the way for the full body of the Senate to approve the organizing resolution, which Schumer said meant that "committees can promptly set up and get to work with Democrats holding the gavels." The deal was expected to be like one used in 2001, the last time the Senate was evenly split. That arrangement let bills and nominations go to the floor even when committee votes were tied. The Senate had been deadlocked since Jan. 20, when Democrats took over the majority but Republicans remained in control of committees.

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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.