12 PM ET: US flexes military might, speaker vote, Trump back in court & more

President Joe Biden heads to the Middle East today, while the US strengthens its military posture in the region. The House is expected to hold a vote today to elect a new speaker. Russia and China’s presidents are meeting today, trying to set themselves apart from the US. Former President Donald Trump is in court today in New York after getting issued another gag order in another case. Plus, why drugstore chains are closing thousands of stores.

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