Andrew Walworth, Tom Bevan and Carl Cannon preview tonight’s prime time address by Joe Biden, and discuss his last-minute actions designed to thwart the incoming Trump administration. They also talk about the politics of rebuilding Los Angeles after the wildfires and the costs and benefits of regulatory relief when it comes to permitting new construction in the affected areas. Plus, they discuss CNN’s handling of a billion-dollar libel suit, and MSNBC President Rashida Jones’ decision to step down amid cratering ratings and a spin-off of the cable channel from its parent company, Comcast. Then, Carl talks to National Journal White House correspondent George Condon about his experience covering the Biden Administration and what to look forward to as Donald Trump returns to power.