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Cherie Grzech. Photo: Molly Smith

NewsNation, the cable news network operated by Nexstar Media Inc., has hired veteran Fox News executive Cherie Grzech to oversee its day-to-day newsgathering and production efforts, Axios has learned.

Why it matters: The network, which says it does not have a political bias, has reportedly struggled internally with how it positions itself politically.

  • Reports from the Los Angeles Times and The New York Times suggest some staffers were unhappy that former White House communications director and Fox News executive Bill Shine was consulting for the network.

Details: Grzech, who begins in her new role in July, will oversee a staff of over 100 reporters, producers, writers and photojournalists, according to a statement from the company. Her title will be vice president of news, managing editor.

  • Grzech has served as VP of Fox News since 2018, overseeing much of the network's political coverage from Washington D.C. She spent years before that in local news.
  • Grzech will be based in Chicago, where NewsNation is headquartered. She will report directly to Michael Corn, NewsNation’s president of news.

Catch up quick: NewsNation launched 2021, but has struggled to find its footing in a hyper-partisan cable TV news environment. Ratings have been much lower compared to bigger cable news networks.

What they're saying: "Not all news is political, nor is it only on the left or right coast," Grzech says. "The heart of newsgathering is in America's communities across this country because people make the news. But the media landscape has become polarized, leaving many Americans in the center with no place to go for trusted news."

Go deeper

2 hours ago - Sports

Unvaccinated athletes face 21-day quarantine at Beijing Olympics

Logos for the 2022 Winter Olympics at Yanqing Ice Festival in February 2021 in Beijing. Photo: Lintao Zhang/Getty Images)

Athletes, staff members and journalists at the 2022 Beijing Olympic and Paralympic Winter Games who have not been vaccinated against the coronavirus will be required to quarantine for three weeks, the International Olympic Committee (IOC) outlined in its newly-published "playbooks."

Why it matters: The quarantine period is longer than the Games themselves, meaning vaccinations or an earlier arrival date will be required to participate in or cover the Games.

Dan Primack, author of Pro Rata
4 hours ago - Economy & Business

FTX CEO predicts more U.S. crypto flight

Photo: "Axios on HBO"

FTX doesn't look much like a company valued at $25 billion. Its new headquarters, located in a sleepy part of The Bahamas, is so nondescript as to not even have a sign. But it does expect to soon have neighbors.

Driving the news: Founder and CEO Sam Bankman-Fried tells "Axios on HBO" to expect "more and more crypto flight from the states" if the U.S. doesn't soon create a regulatory regime for cryptocurrencies.

Developed countries reveal $100 billion climate finance plan ahead of COP26

Alok Sharma, head of the UN Climate Summit in Glasgow, speaks in Paris on Oct. 12. ( Li Yang/China News Service via Getty Images)

After 12 years of fits and starts, industrialized nations on Monday put forward a detailed plan to provide at least $100 billion annually in climate aid to developing countries starting by 2023.

Why it matters: The plan, presented by representatives of Canada and Germany, is aimed at defusing one of the biggest sources of tension at COP26, which is the failure of industrialized nations to follow through on their financial commitments.

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