Tonight, racing to save TikTok, Biden and Trump step in just days before the app is banned,

while its CEO is set to attend the inauguration.

Then another high-stakes confirmation hearing, Trump's Treasury nominee, calls tax cuts essential.

And rebuilding LA, the huge challenge ahead amid the devastating wildfires as the 11th hour

gets underway on this Thursday night.

Good evening once again. I'm Stephanie Ruhl. With Donald Trump's inauguration now just four

days away, we are quickly seeing the next administration take shape as a flurry of Trump's

picks head to the hill. Today, senators questioned witnesses about potential Attorney General

Pam Bondi in two days after her confirmation hearing. And four other nominees took the hot seat

to begin their hearings, including Trump's pick for Treasury Secretary Scott Besson.

Watch this.

The Tax Cuts and Jobs Act, which Senator Wyden and I have both mentioned already, and you've

mentioned in your remarks.

The attack on this statute, this law, which is law, I remind everybody, it is the law now, it was passed in 2017,

is that it was a tax cut for the wealthy. I appreciate you, Mr. Besson, noting that it will be a

$4-plus trillion tax increase if we do not extend this law. This is the single most important economic issue of the day.

This is pass-fail, that if we do not fix these tax cuts, if we do not renew and extend,

then we will be facing an economic calamity. Prior to the hearing, you told me

that President Biden was responsible for increased prices over the past four years, something we can

litigate, but I don't want to right here. By the same token, I assume you would agree that if

prices increase in the next four years, President

elect Trump would be responsible.

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