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Josh Raffel (R) with Jared Kushner (C) in New York City in 2013. Photo: Paul Bruinooge / Patrick McMullan / Getty Images

Senior communications official Josh Raffel is leaving the White House, Axios has learned.

Why it matters: Raffel, a former Hollywood PR executive, was originally brought in early last year to run communications for the Office of American Innovation, but quickly became the point man internally for Jared Kushner and Ivanka Trump. Even though Raffel was a Democrat and Hillary Clinton supporter, White House staff (including some Trump originals) told me they were surprised how quickly they grew to like and trust him.

One White House official told me that when there’s a crisis “we call Josh.” The official said he didn’t envy Raffel because “he is always handling the worst stories.”

In the fall of 2017, Raffel was quietly promoted to deputy communications director and began taking a bigger role internally. Raffel oversaw communications for the Israeli-Palestinian negotiations, worked with Gary Cohn on a number of NEC issues, including tax reform, and also formed a close relationship with Michael Anton at the National Security Council.

Raffel was known to have high-level relationships at major print publications and the TV networks.

I’m told Raffel has been telling friends and colleagues including Jared and Ivanka over the past two months of his plans. He has told them he has to deal with family obligations back in New York and will return to the private sector.

Senior officials Jason Greenblatt, Ivanka Trump and Gary Cohn all sent quotes about Raffel for this story.

  • Greenblatt: “Josh was an integral part of our peace team and became a close friend. He guided all of us through the process of communicating serious and complex issues that impact people across the world.”
  • Ivanka: “Josh is honest, passionate and thoughtful. Whether it was offering strategic guidance on the communications for tax reform or a foreign trip, Josh's guidance was invaluable. The White House won’t be the same without him.”
  • Cohn: “Josh has been a trusted partner as we worked to enact the President’s economic agenda and passed historic tax reform. He is focused and thoughtful in our day-to-day operations and in driving a policy roll-out, and he will be missed.”

I’m told Raffel’s final day will be sometime over the next two months.

Go deeper

14 mins ago - Technology

3D printing's next act: big metal objects

Chief Scientist Andy Bayramian makes modifications to the laser system on Seurat's 3D metal printer. Photo courtesy of Seurat Technologies.

A new metal 3D printing technology could revolutionize the way large industrial products like planes and cars are made, reducing the cost and carbon footprint of mass manufacturing.

Why it matters: 3D printing — also called additive manufacturing — has been used since the 1980s to make small plastic parts and prototypes. Metal printing is newer, and the challenge has been figuring out how to make things like large car parts faster and cheaper than traditional methods.

Rising rates may hammer the stock market

Illustration: Sarah Grillo / Axios

Stocks are much more vulnerable to interest rate swings than they used to be.

Why it matters: A sharp rise in rates in early 2022 is the key reason the stock market is off to an ugly start. And with the Federal Reserve making noise about trying to keep inflation in check, rates could go higher.

Ina Fried, author of Login
59 mins ago - Technology

Microsoft's Activision Blizzard deal complicates Big Tech regulation

Illustration: Megan Robinson/Axios

Microsoft's surprise $68 billion deal to buy Activision Blizzard is adding a fresh twist to the heated debate over which tech companies have monopolies that need to be reined in.

The big picture: The deal could force a question the company has happily ducked for a decade: whether its size and power make it just as deserving of regulatory scrutiny as its Big Tech rivals.