Mar 8, 2019

Trump eyes Brent McIntosh as David Malpass' replacement at Treasury

Brent McIntosh (right) arrives at the Capitol with Treasury Secretary Steven Mnuchin. Photo: Chip Somodevilla/Getty Images

The Trump administration is currently planning to nominate Brent McIntosh, who serves as the Treasury Department's general counsel, to become Treasury's undersecretary for international affairs, according to two sources familiar with the decision.

The big picture: While the sources cautioned that a final decision has not been made, McIntosh would replace David Malpass, who President Trump nominated last month to head the World Bank, as one of Treasury Secretary Steven Mnuchin's top advisers on international economic issues. He previously held positions in George W. Bush's White House and the Justice Department, specializing in national security and intelligence matters, according to his Treasury bio.

Go deeper: The U.S. still controls the World Bank

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Axios
Updated 22 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 a.m. ET: 19,655,445 — Total deaths: 727,353 — Total recoveries — 11,950,845 — Map.
  2. U.S.: Total confirmed cases as of 7 a.m. ET: 4,998,802 — Total deaths: 162,425 — Total recoveries: 1,643,118 — Total tests: 61,080,587 — Map.
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  5. Science: Indoor air is the next coronavirus frontline.
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47 mins ago - Economy & Business

Elevator anxiety will stifle reopenings

Illustration: Aïda Amer/Axios

Will you step back into an elevator any time soon?

Why it matters: Tens of billions of dollars — and the future of cities around the country — rest on the answer to that question. So long as workers remain unwilling to take elevators, hundreds of billions of dollars' worth of office real estate will continue to go largely unused.

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Updated 6 hours ago - World

Brazil coronavirus death toll tops 100,000 and case numbers surpass 3 million

Brazilian President Jair Bolsonaro posted a photo of himself to Facebook congratulating his soccer team, Palmeiras, for winning the state title Saturday, moments after the health ministry confirmed the national COVID-19 death toll had surpassed 100,000.

Why it matters: Brazil is only the second country to confirm more than 100,000 deaths from the coronavirus. On Sunday morning, it became the second country to surpass 3 million cases, per Johns Hopkins. Only the U.S. has reported more. Bolsonaro has yet to address the milestones. He has previously tested positive for COVID-19 three times, but he's downplayed the impact of the virus, which has crippled Brazil's economy.

Editor's note: This article has been updated with the latest coronavirus case numbers and more context.