Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Jim Watson/AFP via Getty Images

President-elect Joe Biden has made his choice for secretary of state, three people familiar with the matter tell Axios, moving quickly to assemble a Senate-confirmable Cabinet even as President Trump refuses to concede the election.

The big picture: Biden already has said he's made his choice for Treasury, and both picks may be aimed at defusing confirmation fights with Senate Republicans and internal battles with Democratic progressives.

  • Biden is expected to roll out several top Cabinet picks next week, long before two runoff elections in Georgia on Jan. 5 determine which party will control the Senate.
  • Teasing his upcoming Treasury announcement yesterday in Delaware, he said his selection "will be accepted by all elements of the Democratic Party, from the progressive to the moderate coalitions."

Between the lines: So far, Biden's inner circle has remained leak-proof on the names of his final selections. But sources tell Axios that the nation's top diplomatic post will not go to Susan Rice, an indication Biden doesn't want to begin his presidency with a standoff.

  • Some Senate Republicans have sought to demonize her for the Obama administration's initial response to the 2012 Benghazi attacks.
  • Rice, who was a finalist to be Biden's vice president, could still be tapped to serve in another role in the Biden administration.

Be smart: Several Democrats close to Biden expect him to name his longtime adviser Tony Blinken to State. Biden aides declined to confirm Blinken is the pick.

  • If he is, that could create other openings inside the White House senior staff — in roles including national security adviser. Avril Haines, who served as deputy national security adviser under Obama, is thought to be a leading contender for that position.
  • Amid earlier predictions of a "blue wave" sweeping Democrats to a Senate majority, which did not come to pass, insiders had expected Rice to be tapped for State and Blinken to become the national security adviser.
  • A spokesman for the transition declined to comment for this story.

What we're watching: Biden's earlier remarks about his thinking on a Treasury pick set off speculation on Wall Street that he'll announce former Fed Chair Janet Yellen. But some Democrats close to Biden are not convinced that current Fed governor Lael Brainard is out of the running.

  • Biden announced additional senior White House staff today, including Ambassador Cathy Russell, to head the White House Office of Presidential Personnel.
  • Her husband, Tom Donilon, served as Obama's national security adviser before Rice and is under consideration for a high-level national security post, including director of the Central Intelligence Agency.

Go deeper

Updated Mar 24, 2021 - Politics & Policy

Biden Cabinet tracker: Which nominees have been confirmed

Joe Biden and Kamala Harris on Jan. 16 in Wilmington, Delaware. Photo: Angela Weiss/AFP via Getty Images

All of President Biden's Cabinet nominees have now been confirmed by the U.S. Senate.

The big picture: Biden now has known, trusted people around him, many from the Obama administration, to help implement his policies and turn away from the tumultuous Trump years.

Felix Salmon, author of Capital
8 mins ago - Economy & Business

Get ready for more debt ceiling drama

Illustration: Aïda Amer/Axios

It was bliss while it lasted — which was exactly two years. Right now, the U.S. has no limit on the amount of debt it can issue. But that ends on Saturday.

Why it matters: Brace yourself for another round of unedifying posturing and brinkmanship, all of which should result — after a period of entirely unnecessary fiscal contortion — in the debt ceiling being raised (not abolished) sometime this fall.

Olympic athletes see more sponsorship opportunities

Illustration: Sarah Grillo/Axios

Tokyo 2020 athletes are cashing in on more personal sponsorship opportunities compared with past Games.

Why it matters: Marketing deals are an important income stream for competitors, nearly 60% of whom say they are not financially stable. 

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!