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Heisenberg Media / Flickr cc

Peter Thiel's chief of staff Michael Kratsios has been named Trump's deputy chief technology officer, reports TechCrunch. Politico was first to report the appointment. Prior to his high-ranking role at Thiel Capital, Kratsios was the chief financial officer of Clarium Captial Management, another company founded by Thiel.

His close relationship to Thiel — who has been one of Trump's closest advisors on all things tech since the RNC — has likely helped Kratsios in scoring the new title. He fills the role that had been held by former Twitter general counsel Alex Macgillivray.

Interestingly, the White House has yet to name a Chief Technology Officer, which oversees the administration's technology and innovation agenda. That role was held by former Google engineer Megan Smith.

The White House declined to comment, and Kratsios did not immediately respond to request for comment.

Go deeper

Senate Democrats reach deal on extending unemployment insurance

Photo: Alex Wong/Getty Images

Senate Democrats struck a deal Friday evening to extend unemployment insurance in President Biden's $1.9 trillion COVID-19 relief package after deliberating for most of the day and halting most activity, per a Senate aide.

Why it matters: The Senate can now resume voting on other amendments to the broader rescue bill.

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.

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.