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Courtesy Harper

Axios has learned that the N.Y. Times’ Amy Chozick uses pseudonyms to identify top Clinton aides in her memoir, “Chasing Hillary: Ten Years, Two Presidential Campaigns and One Intact Ceiling,” out April 24.

Washington's new guessing game: Secrecy about the project has left the main characters (Clinton hands and top Democrats) wondering what their pseudonyms are.

  • We're told that only HarperCollins publisher Jonathan Burnham (who published "Game Change") and executive editor Jonathan Jao (who edited “Hillbilly Elegy”) initially knew Chozick had inked the deal in 2014.
  • I haven't seen the book, but one reader called it “‘Almost Famous’ meets ‘Game Change'" and "'Julie & Julia' but with politics instead of cooking."
  • From Chozick's Author’s Note: "I changed some names and identifying details, and gave lots of people pseudonyms, sometimes to protect the innocent but usually to protect the story — I think having to remember the names of dozens of political operatives who all essentially perform the same purpose is boring."
  • One reader told me: “Hillary’s press guys are like a tragicomic Greek chorus.”
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Go deeper

Dan Primack, author of Pro Rata
48 mins ago - Economy & Business

Trump blocks banks from limiting loans to gun and oil companies

Illustration: Sarah Grillo/Axios

Big banks are no longer allowed to reject business loan applicants because of the industry in which they operate, according to a new rule finalized on Thursday by the Trump administration.

Why it matters: Wall Street has curtailed its exposure to industries like guns, oil and private prisons, driven by both public and shareholder pressures. This new rule could reverse that trend.

Former FDA commissioner: "Reliable drug supply is absolutely critical"

Axios' Caitlin Owens and former FDA commissioner Mark McClellan. Photo courtesy of Axios Events

Having a reliable supply of pharmaceutical drugs throughout America will be "absolutely critical" to boosting affordability in health care during the Biden administration, former Food and Drug Administration (FDA) commissioner Mark McClellan said at a virtual Axios Event on Friday.

The big picture: McClellan, who served under President George W. Bush, says drugs having limited supply and limited competition leads to elevated pricing. He considers drug supply to be a national security and public health issue.

Felix Salmon, author of Capital
4 hours ago - Economy & Business

Americans are still spending money

Source: Census Bureau; Chart: Axios Visuals

Americans spent more money at stores and restaurants in 2020 than they did in 2019 — even in the face of a devastating global pandemic that shut down broad sectors of the economy.

Why it matters: The monthly retail sales report this morning came in well below expectations, and showed consumer spending falling on a seasonally-adjusted basis. Total expenditures were still higher in December 2020 than they were a year previously, however.

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