Here is how events are unfolding. All times Eastern.
Jan 26, 2021, 12:15 PM EST
First woman VP swears-in first woman to head Treasury Dept.
Vice President Kamala Harris -- the nation's first woman vice president -- has ceremonially sworn-in Janet Yellen -- the first woman to lead the Treasury Department in its more than 230-year history.
Yellen was sworn in outside the East side of the White House facing the Department of Treasury. She is now the first person have the distinction of serving as treasury secretary, chair of the Council of Economic Advisers and chair of the Federal Reserve.
She was confirmed by the Senate in a vote of 84 to 15 on Monday evening.
Yellen was joined by her husband, George Akerlof, and son, Robert, for Tuesday's ceremony.
-ABC News' Beatrice Peterson
Jan 26, 2021, 12:08 PM EST
Senator's objection may offer glimpse of where GOP senators stand on impeachment
Sen. Rand Paul, R-Ky., on Tuesday will make a point of order to dismiss former President Donald Trump's impeachment trial in the Senate, forcing Republicans to go on the record, indicating how they might vote in a trial.
Asked by Capitol Hill reporters Monday if he would force a vote on the trial's constitutionality, Paul said, "Yes."
Then asked if he has an idea of how many of his Republican colleagues are going to support him, Paul said, "I think it'll be enough to show that you know more than a third of the Senate thinks that the whole proceeding is unconstitutional -- which will show that ultimately they don't have the votes to do an impeachment."
-ABC News' Trish Turner and Allison Pecorin
Jan 26, 2021, 11:48 AM EST
Schumer celebrates path forward on power-sharing, McConnell warns of dangers of overturning filibuster
Both Senate leaders focused their floor remarks Tuesday on the Senate power-sharing agreement -- which was agreed to Monday night when Minority Leader McConnell, feeling assured that Democrats do not have the votes to overturn the filibuster rule, agreed to move forward without language explicitly guaranteeing that the rule will stay in place.
According to Majority Leader Chuck Schumer, McConnell "relented".
"I'm glad we're finally able to get the Senate up and running -- my only regret is that it took so long," Schumer said.
COVID-19 relief will now come into focus as a key priority for Democrats -- with former President Donald Trump's impeachment trial looming.
Schumer left open the possibility of using other options to act on COVID-19 priorities if Republicans will not cooperate, saying the Senate will move "without them if we must."
The whole of McConnell's speech was focused on power-sharing and the importance of the legislative filibuster -- which Republicans could use to obstruct Biden's agenda and Democrats could vote to end.
McConnell is banking on Democratic Sens. Kyrsten Sinema of Arizona and Joe Manchin of West Virgina's assurances that they will not change their minds on keeping the filibuster rule intact.
"If the Democratic majority were to attack the filibuster they would guarantee themselves immediate chaos," McConnell said.
The stalemate reflected the logistical challenges of a 50-50 Senate in which Democrats carry power since Vice President Kamala Harris, as president of the Senate, has the power to cast tie-breaking votes.
-ABC News Allison Pecorin
Jan 26, 2021, 11:22 AM EST
Senators to be sworn in for Trump impeachment trial
In the Senate chamber at about 2:15 p.m., a rarely used motion that calls all senators to their seats in the chamber -- "a live quorum call" -- is set to take place to ensure they all can stand together at once, raise their hand and take their oath as jurors in former President Donald Trump's second impeachment trial.
Around 2:30 p.m, Former President Pro Tempore Chuck Grassley, R-Iowa, will swear in his successor, Sen. Patrick Leahy, D-Vt., who will preside over the first-ever impeachment trial of a former president.
Leahy -- instead of Supreme Court Chief Justice John Roberts -- will then swear in all senators.
Senate Majority Leader Chuck Schumer told MSNBC's Rachel Maddow in an interview Monday night that Roberts wouldn't be presiding over the trial because Trump is no longer the sitting president and confirmed that Leahy, although the presiding officer, will also be able to vote.
"The Constitution says the chief justice presides for a sitting president. So that is not going to be -- so it was up to John Roberts whether he wanted to preside with a president who’s no longer sitting -- Trump -- and he doesn’t want to do it," Schumer said. "So traditionally what has happened is then the next in line is the Senate pro tem -- that’s the most senior senator on the majority side, and that’s Sen. Leahy, who’s a very experienced man and a very fair man."
A spokeswoman for Roberts Monday morning said the chief still officially has no comment.