1) Exxon CEO Rex Tillerson's confirmation hearing begins today

With no government experience, Tillerson will qualify for the State Department based on his business record, which isn't without blemishes. Since Tillerson took the helm at Exxon in 2006, its stock has lagged behind the market as well as rival Chevron, and Tillerson has admitted to failing to predict or capitalize on the shale revolution.

2) Jack Lew urges Trump Administration to adopt more nuanced trade policy stance on China

Despite Trump's accusations of currency manipulation, China has actually been working overtime to support the value of the yuan. With so many important bilateral trade issues to negotiate, Trump should not squander time and good will with false accusations, Lew argued in an interview with the Wall Street Journal.

3) The hedge fund industry could have a voice in the White House

Skybridge Capital's Anthony Scaramucci told Bloomberg News that he may take a job working with Jared Kushner and Steve Bannon in an advisory role in the administration. Scaramucci is one of the most well-connected figures in the hedge fund world, serving as chair of the industry's well-attended S.A.L.T. conference. He can be expected to reliably advocate for big investors' interests in Washington.

4) What we're watching: Atlanta Fed releases monthly business inflation expectations

Higher expectations of inflation could be an indication of pending business investment, as businesses seek to avoid higher prices down the road.

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Updated 49 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 4:30 p.m. ET: 12,128,406 — Total deaths: 551,552 — Total recoveries — 6,650,675Map.
  2. U.S.: Total confirmed cases as of 4:30 p.m. ET: 3,088,913 — Total deaths: 132,934 — Total recoveries: 953,420 — Total tested: 36,979,745Map.
  3. Public health: More young people are spreading the virus Cases rise in 33 statesFlorida reports highest single-day death toll since pandemic began.
  4. Science: World Health Organization acknowledges airborne transmission of coronavirus.
  5. 1 🐂 thing: How the world could monitor for potential pandemic animal viruses.

More young people are getting — and spreading — the coronavirus

Illustration: Annelise Capossela/Axios

More young people are being infected with the coronavirus, and even though they're less likely to die from it, experts warn the virus' spread among young adults may further fuel outbreaks across the United States.

Why it matters: Some people in their 20s and 30s face serious health complications from COVID-19, and a surge in cases among young people gives the virus a bigger foothold, increasing the risk of infection for more vulnerable people.

Judge asks full appeals court to review panel's dismissal of Flynn case

Photo: Alex Wroblewski/Getty Images

D.C. District Judge Emmet Sullivan on Thursday petitioned for the full D.C. Court of Appeals to rehear a three-judge panel's decision to order the dismissal of the case against former national security adviser Michael Flynn.

Why it matters: The panel's 2-1 decision could be overturned by the full 11-judge appeals court if it decides to take up the en banc review.