President Trump will speak from the White House at 4pm Eastern today.

"The White House issued an updated schedule noting that Trump will brief the public on the recent work of Operation Warp Speed, the federal government’s program to accelerate the production of a vaccine. Trump is slated to deliver remarks from the Rose Garden." (The Hill)

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• President Trump will speak from the White House at 4pm Eastern today. You can likely find it on TV news, radio news, or online at WhiteHouse.gov/live.

• President Trump has not made public remarks since last week, when he held a press briefing at the White House to discuss the election results. However, he has been keeping the American people updated via Twitter.

• President Trump is expected to discuss the COVID vaccine and Operation Warp Speed. Operation Warp Speed is a Trump Administration initiative announced earlier this year; the goal is to find a COVID vaccine as quickly as possible. Happily -- for America and the world! -- Pfizer announced a 90% effective vaccine earlier this week.

• However, we'd guess the president may also comment on the election. This week, Georgia announced a hand recount of all ballots, the Trump campaign won a victory in a Pennsylvania court (note: it didn't and won't change the PA vote margin), and the Trump campaign dropped its Arizona lawsuit.

House Democrats still reeling after election losses: "We've got to break the party down and rebuild."

"'Expectations did get high. But if we’re being honest, it wasn't just expectations. We all missed something in our analytics and our polling data, and we really have to take a deep objective look at what we’re missing,' said Rep. Ami Bera (D-Calif.), chairman of the moderate New Dems Action Fund. 'We’ve got to break the party down and rebuild what our brand is.'" (POLITICO)

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• The November 3rd election was so disappointing for House Democrats that the chair of the Democrats' House campaign committee is stepping down. Now House Democrats are still fighting among themselves over what to do next.

• One moderate Democrat publicly announced she won't back Nancy Pelosi for Speaker. House GOP Leader Kevin McCarthy (R-CA) had previously said that Rep. Pelosi may not have the votes to keep her role as Speaker.

• And Democrats' further in-fighting is apparently getting intense. As one Democratic strategist told The Hill: "It's just a fantastically unnecessary feud happening in the Democratic Party between the center and progressives. There are just a lot of angry people."

• The big split is between progressives (like Rep. Alexandra Ocasio-Cortez / AOC) and moderates. Moderates have publicly blamed progressive policies like socialism and defunding the police for election losses or campaign challenges -- including in sharp remarks made on a leaked House Democratic call.

• In response, AOC fired back and implied that the moderates just hadn't run good campaigns. We're going to guess that didn't help feelings of camaraderie or unity among House Democrats.

As AOC tweeted, with the emphasis / bolding our own: "Ideology + messaging are the spicy convos a lot of people jump to but sometimes it’s about execution and technical capacity. Digital execution was not good, polls were off, ironically DCCC banned the firms who are the best in the country at Facebook bc they work w progressives!"

Report: more than $200M may be spent on Georgia's January 5th run-off races.

"However, the New York Post reports that spending by the four candidates could exceed $200 million — possibly shattering fundraising and spending records. CNBC reported that a Republican strategist familiar with the campaigns’ plans said Republicans plan to spend at least $100 million in Georgia to hold their senate majority, and expects Democrats will match or exceed that number." (Daily Caller)

Read the full story on the Daily Caller

• Georgia will have two run-off races for Senate on January 5th. That will determine which party controls the Senate in 2021 and beyond. Right now, the split is 50 Republicans to 48 Democrats -- and any tie-breaking votes are cast by the Vice President.

• Georgia requires run-off elections when candidates don't get more than 50%.

On November 3rd, there were two Senate elections in Georgia: a regular election for incumbent Sen. Perdue (R-GA) and a special election for a seat held by Sen. Loeffler (R-GA), who was appointed by the Georgia governor in January.

Sen. Perdue won the November 3rd regular Senate election but was just shy of the 50% mark at 49.7%. Sen. Loeffler was second in the special election with 25.9% of the vote; the winner, Rev. Raphael Warnock, received 32.9%.

Bottom line: the top two finishers in both the regular and special Senate elections in Georgia go to run-offs on January 5th.

• Because control of the Senate is on the line, expect big spending -- and a lot of media coverage. One report estimates it could be up to $200 million among all four campaigns.