Gun Control: President Obama is expected to propose a new federal assault weapons ban and background checks of all gun buyers, as well as banning high-capacity magazines, like the 30-round magazines used by Newtown shooter Adam Lanza, The New York Times reports.
Death Penalty: Robert Gleason Jr. is scheduled to die at 9 p.m. Wednesday in Virginia’s death chamber, marking the mark the end of a twisted quest to speed his own death, the Washington Post reports.
Pay Cut: JPMorgan Chase & Co's board of directors cut CEO Jamie Dimon's bonus in half following an investigation into the company's $6.2 billion "London Whale" trading loss. His 2012 bonus was $10 million, down from $20 million the year before, Reuters reports.
Exiting: Interior Secretary Ken Salazar, who oversaw a moratorium on offshore drilling after the BP oil spill, will leave the Obama administration in March, according to the Associated Press.
Colorado Shooter Suit: The widow of a victim killed in last year's Colorado movie theater shooting is suing the accused gunman's psychiatrist and the university where she works, CNN reports.