During his inaugural address, President Joe Biden spoke of renewal, resolve and the will of the people. Around the nation there was a feeling of cautious optimism.

The $970 million grand prize would be Mega Millions’ second-largest, only trailing a $1.54 billion bonanza in 2018.

President Joe Biden takes office with a trifecta for his party, with Democrats earning a majority in both the Senate and the House. He comes to the role after 36 years in the Senate and eight years as vice president. Don Ritchie, the historian emeritus of the Senate, joined CBSN to put in historical context the role Mr. Biden and Vice President Kamala Harris now fill.

President-elect Biden and Vice President-elect Harris will be sworn in Wednesday in an inauguration unlike any before it. CBS News chief Washington correspondent Major Garrett joins “CBS This Morning” to discuss the unusual ceremony, and President Trump’s decision to skip it.

President Trump delivered a farewell speech at Joint Base Andrews outside Washington, D.C., before flying to Florida on Air Force One instead of attending President-elect Joe Biden’s inauguration. Mr. Trump defended his administration’s record, wished the new administration “great luck and great success” and said, “We will be back in some form.” Watch Mr. Trump’s remarks.

The U.S. has surpassed 400,000 COVID-19 deaths amid the vaccine rollout across the country. Dr. Celine Gounder, a member of President-elect Joe Biden’s COVID-19 advisory board, joins CBSN AM to talk about the incoming administration’s immunization plan.

Vice President Kamala Harris will administer oath of office to Jon Ossoff, Alex Padilla and Raphael Warnock this afternoon.

After four tumultuous years under President Trump, America will have a new commander in chief. Mr. Trump will not be attending the Inauguration ceremony for incoming President Joe Biden. Larry Sabato, director of the University of Virginia’s Center for Politics, discusses this and more on CBSN AM.

The Italian prime minister won a crucial vote in the country’s Senate to stay in power. Also, tech billionaire Jack Ma made his first appearance since October, and officials are being warned of a looming shortage of oxygen supplies in the Brazilian city of Manaus. Meanwhile, China is rushing to build a massive quarantine camp. CBS News foreign correspondent Ian Lee joins CBSN AM from London with those stories.

The 46th president is undoing some of his predecessor’s executive actions.