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Federal Savings Bank CEO Stephen Calk has been charged with bribery for allegedly trying to solicit a position in the Trump administration from former campaign manager Paul Manafort in exchange for $16 million in loans.

"Calk provided the Borrower with a ranked list of the governmental positions he desired, which started with Secretary of the Treasury, and was followed by Deputy Secretary of the Treasury, Secretary of Commerce, and Secretary of Defense, as well as 19 ambassadorships similarly ranked and starting with the United Kingdom, France, Germany, and Italy."

Why it matters: The Southern District of New York's press release notes that Calk believed he could use Manafort's influence on the Trump transition team — despite Manafort formally leaving the campaign in August 2016 — to obtain a senior administration position. As NBC's Tom Winter notes, the White House has long refused to answer when Manafort actually stopped communicating with members of Trump's orbit.

Go deeper

Biden's thin, short path

President Biden has a thin, short path to success in his first six to nine months, top advisers tell Axios. His success, or failure, will dictate whether he can hold off both Republican critics — and activist Democrats who want him to go bigger, faster.

The big picture: Biden has to get vaccinations moving and the stimulus bill pumping, so the economy will start rocking, advisers said. That’s why he loaded his White House with veteran loyalists focused almost exclusively on these two topics.

Most states aren't prioritizing prisons for COVID vaccines

Illustration: Eniola Odetunde/Axios

Most states have not made much of their incarcerated populations eligible for the COVID-19 vaccine.

The big picture: Jails and prisons have seen big outbreaks and a higher death rate than the general public, but with supplies still limited, most governors aren't putting prisoners at the top of the list for vaccines.

Felix Salmon, author of Capital
16 mins ago - Economy & Business

Protecting America against catastrophe

Illustration: Annelise Capossela/Axios

America has been hit by a series of catastrophic failures — and the only certainty is that more are on the way.

Why it matters: Our infrastructure is failing, and the less we invest in it now, the more it's going to continue to fail in the future.