Happy Tuesday! On this day 49 years ago, MLB’s American League adopted the designated hitter rule for the first time. 

Quick Hits: Today’s Top Stories

• After the New York Times reported last week he had failed to disclose well-timed stock purchases from the early days of the pandemic, Federal Reserve Vice Chair Richard Clarida announced Monday he will resign from the Fed’s Board of Governors on Friday—two weeks before he was slated to step down. Clarida is the third Federal Reserve official to resign in recent months following trading scandals, and Federal Reserve Chairman Jerome Powell will likely be asked about the controversy in his confirmation hearing later today.

• Ousted Burmese leader Aung San Suu Kyi was sentenced to an additional four-year prison term on Monday after the military junta that overthrew the country’s government last February found her guilty of violating COVID-19 protocols and possessing “unlicensed walkie-talkies.” Suu Kyi, 76, was hit with another four-year sentence last year on separate charges, but junta chief Min Aung Hlaing cut it down to two years.

• The White House said Monday that President Joe Biden spoke with Ethiopian Prime Minister Abiy Ahmed yesterday about the country’s civil war, “commending” him on the release of political prisoners but “expressing concern” about the Ethiopian government’s recent airstrikes that have caused civilian casualties.