Since early 2020, the Southwest United States has suffered record low precipitation and near-record high temperatures, gripping the region with an unyielding, unprecedented, and costly drought. This exceptional drought—marked by massive water shortages, destructive wildfires, emergency declarations, and the first ever water delivery shortfall among the states sharing the Colorado River—punctuates a two-decade warm and dry period that has baked the Southwest. A newly released report from the NOAA Drought Task Force, which is a collaboration between the NOAA Climate Program Office, National Integrated Drought Information System (NIDIS), and leading scientists, addressed four critical questions about the 2020–2021 Southwestern U.S. drought.