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Drug company lobbyist to be Trump's FDA temp

Evan Vucci / AP

STAT has a scoop that the Trump transition team has tapped lobbyist Jack Kalavritinos for a major role on the "beachhead" team to run the Food and Drug Administration after President-elect Trump's inauguration on Friday.

Who? Kalavritinos was the head of global lobbying for hospital supplier Covidien, which moved its global HQ to Ireland after being acquired by Medtronic in 2014 to take advantage of lower tax rates.

Does Trump know? "Here's what he said about drug company lobbyists at last week's press conference: "Pharma has a lot of lobbies and a lot of lobbyists and a lot of power and there's very little bidding on drugs."

Go deeper

Kadia Goba
2 hours ago - Politics & Policy

Capitol review panel recommends more police, mobile fencing

Photo: Olivier Douliery/AFP via Getty Images

A panel appointed by Congress to review security measures at the Capitol is recommending several changes, including mobile fencing and a bigger Capitol police force, to safeguard the area after a riotous mob breached the building on Jan. 6.

Why it matters: Law enforcement officials have warned there could be new plots to attack the area and target lawmakers, including during a speech President Biden is expected to give to a joint session of Congress.

Go deeper (1 min. read)Arrow
Courtenay Brown
4 hours ago - Economy & Business

Financial fallout from the Texas deep freeze

Illustration: Annelise Capossela/Axios

Texas has thawed out after an Arctic freeze last month threw the state into a power crisis. But the financial turmoil from power grid shock is just starting to take shape.

Why it matters: In total, electricity companies are billions of dollars short on the post-storm payments they now owe to the state's grid operator. There's no clear path for how they will pay — something being watched closely across the country as extreme weather events become more common.

Go deeper (1 min. read)Arrow
Alayna Treene, Lachlan Markay
4 hours ago - Politics & Policy

U.S. Chamber decides against political ban for Capitol insurrection

A pedestrian passes the U.S. Chamber of Commerce headquarters as it undergoes renovation. Photo: Andrew Harrer/Bloomberg via Getty Images

The U.S. Chamber of Commerce revealed Friday it won't withhold political donations from lawmakers who simply voted against certifying the presidential election results and instead decide on a case-by-case basis.

Why it matters: The Chamber is the marquee entity representing businesses and their interests in Washington. Its memo, obtained exclusively by Axios, could set the tone for businesses debating how to handle their candidate and PAC spending following the Jan. 6 Capitol attack.

Go deeper (1 min. read)Arrow