Axios PM

April 07, 2021
Good afternoon: Today's PM — edited by Justin Green — is 423 words, a 1.5-minute read.
⚡️Tiger Woods was driving roughly 40 mph over the speed limit when he crashed in February, law enforcement said today. (AP)
- He won't be cited for speeding as there were no witnesses.
1 big thing: Women steer the economic recovery
Janet Yellen wears a mask while exiting after swearing in Deputy Treasury Secretary Wally Adeyemo, the most senior-ranking Black person in the department's history. Photo: Erin Scott/Bloomberg via Getty Images
One big difference between 2021 and 2009: Many of the world's top economic officials this time around are women.
The big picture: Treasury Secretary Janet Yellen, Commerce Secretary Gina Raimondo and U.S. Trade Representative Katherine Tai are front and center on U.S. efforts, Reuters reports.
- The European Central Bank is led by Christine Lagarde, the IMF by Kristalina Georgieva and the WTO by Ngozi Okonjo-Iweala.
- "[W]omen [run] finance ministries in 16 countries, and 14 of the world’s central banks," per Reuters.
Between the lines: The pandemic shattered decades of economic progress for women, and there is concern that the scarring in the labor market could be permanent, Axios managing editor for business Aja Whitaker-Moore tells me.
- Gender and racial diversity within Biden’s economic policy team likely means more attention will be paid to issues of inequality across the board.
- That includes policies that will help maximize women in the labor force, ensuring that they earn more and can therefore contribute more to increased economic growth.
The bottom line: UN adviser Eric LeCompte told Reuters he's been "meeting with Treasury secretaries for 20 years, and their talking points have been entirely different."
- "In every area we discussed, Yellen put an emphasis on empathy, and the impact of policies on vulnerable communities.”
2. Pence signs two-book deal ahead of 2024
Photo: Saul Loeb/AFP/Bloomberg via Getty Images
Former Vice President Mike Pence has signed a two-book deal, with a significant advance, as part of a strategy to be vocal and visible ahead of a possible 2024 presidential race, Axios has learned.
- Details: Both books will be published by Simon & Schuster and are expected to be out within the next few years. Both will emphasize his Christian faith and public service.
The first, to be published by 2023, is mainly a memoir of his four turbulent years in the White House with President Trump. The second will be more broadly autobiographical.
- Pence, 61, said in a statement: “I am grateful to have the opportunity to tell the story of my life in public service to the American people." He added that he will take "readers on a journey from a small town in Indiana to Washington."
3. Catch up quick
- EU regulators concluded that "unusual blood clots with low blood platelets" should be listed as a "very rare" side effect of AstraZeneca's COVID-19 vaccine, but that the benefits of the shot still outweigh the risks. Go deeper.
- The UK variant is now the most common strain in the U.S., CDC director Rochelle Walensky said at a White House briefing.
- The Georgia lawmaker who was arrested last month when she repeatedly knocked on the door to Gov. Brian Kemp's (R) office after he signed a law curbing voter access will not face charges. Go deeper.
4. 1 smile to go: Another really big boat

The CMA CGM Argentina container ship arrived yesterday in Miami.
- The vessel is the largest container ship to ever call at a Florida port.
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