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Thomas Donohue, president and chief executive officer of the U.S. Chamber of Commerce. Photo: Zach Gibson/Bloomberg via Getty Images

Board leadership at the U.S. Chamber of Commerce is close to naming Thomas Donohue's successor, and is expected to appoint Suzanne Clark as its next leader, people familiar with the matter tell Axios.

Why it matters: As CEO, Donohue, 83, built the chamber into a political powerhouse that supports pro-business policies, contributes huge sums largely to Republicans and promises to give its international and domestic members a voice in Washington.

  • The Chamber worked closely with the Trump administration on economic and trade policy, and played a role in the passage of the U.S.-Mexico-Canada agreement.
  • But Donohue recently found himself in hot water for distancing himself from some Republican lawmakers and endorsing a slate of House Democrats last cycle, leading to a tense phone call with President Trump, Axios reported in September.

The big picture: Donohue was among many CEOs who called on Trump in mid-November to acknowledge the outcome of the election and began cooperating with the incoming Biden administration.

  • "President-elect Biden and the team around him have a wealth of executive branch experience that should allow them to hit the ground running," Donohue said.

Go deeper

2 hours ago - Health

Biden says it's "not the time to relax" after touring vaccination site

President Biden speaking after visiting a FEMA Covid-19 vaccination facility in Houston on Feb. 26. Photo: Mandel Ngan/AFP via Getty Images

President Biden said Friday that "it's not the time to relax" coronavirus mitigation efforts and warned that the number of cases and hospitalizations could rise again as new variants of the virus emerge.

Why it matters: Biden, who made the remarks after touring a vaccination site in Houston, echoed CDC director Rochelle Walensky, who said earlier on Friday that while the U.S. has seen a recent drop in cases and hospitalizations, "these declines follow the highest peak we have experienced in the pandemic."

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Health: Most COVID-19 survivors can weather risk of reinfection, study says — "Twindemic" averted as flu reports plummet amid coronavirus crisis
  2. Vaccine: FDA advisory panel endorses J&J COVID vaccine for emergency use — About 20% of U.S. adults have received first vaccine dose, White House says — New data reignites the debate over coronavirus vaccine strategy.
  3. Economy: What's really going on with the labor market.
  4. Local: All adult Minnesotans will likely be eligible for COVID-19 vaccine by summer — Another wealthy Florida community receives special access to COVID-19 vaccine.
  5. Sports: Poll weighs impact of athlete vaccination.

The week markets went wild

Illustration: Lazaro Gamio

The markets just closed out a manic week.

Why it matters: Outsized — and in some cases historic — moves were evident across the board.