Photo: Mandel Ngan/AFP via Getty Images

With a new year comes a new title for 2020 candidate Pete Buttigieg: former mayor of South Bend, Indiana.

The big picture: Buttigieg's term as mayor will end Wednesday as James Mueller, who served in Buttigieg's administration as chief of staff, is set to be sworn in. Buttigieg announced he would not run for re-election in 2018.

  • Mueller received Buttigieg's endorsement in February 2019. He won a crowded primary for the city's Democratic nomination in May.

Why it matters: The title change frees up Buttigieg's schedule at a vital time in the presidential race. While he hadn't been tied to his desk in South Bend, hometown commitments occasionally took him off the trail. Most notably, he paused campaigning in June after protests broke out in South Bend in the wake of an officer-involved shooting of a black man.

  • Buttigieg is now free to spend all his time in Iowa just weeks away from its first-in-the-nation caucuses on Feb. 3.
  • Buttigieg also holds an advantage over the five senators also competing for the nomination. The pending impeachment trial of President Trump would force Sens. Bernie Sanders, Elizabeth Warren, Cory Booker, Amy Klobuchar and Michael Bennet to remain in Washington.

Go deeper: Pete Buttigieg on the issues, in under 500 words

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Dion Rabouin, author of Markets
56 mins ago - Economy & Business

Americans' trust in the Fed keeps falling

Data: Axios/Ipsos poll; Note: ±3.3% margin of error; Chart: Axios Visuals

Americans' trust in the Federal Reserve fell again in October, with just 34% saying they have a fair amount or a great deal of trust in the central bank in the latest Axios/Ipsos poll.

What's happening: While trust in the Fed rises with age, income level and among those who say they know more about the institution, there was not a single group where even half of respondents said they trusted the Fed.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Politics: Trump calls Fauci a "disaster" on campaign call.
  2. Health: Coronavirus hospitalizations are on the rise — 8 states set single-day coronavirus case records last week.
  3. States: California to independently review FDA-approved coronavirus vaccinesWisconsin judge reimposes capacity limit on indoor venues.
  4. Media: Trump attacks CNN as "dumb b---ards" for continuing to cover pandemic.
  5. World: Ireland moving back into lockdown as cases surge — Argentina becomes 5th country to report 5 million infections

USA Today breaks tradition by endorsing Joe Biden

Photo illustration: Aïda Amer/Axios. Photo: Win McNamee/Getty Images

USA Today, one of the largest newspapers by circulation in America, gave Joe Biden its first-ever presidential endorsement on Tuesday.

The big picture: A slew of media companies are endorsing a candidate this year for the first time ever, citing the unprecedented nature of this election.

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