Photo: Jim WATSON/AFP/Getty Images

Treasury Secretary Steven Mnuchin sent a note to staff Friday informing them that his chief of staff, Eli Miller, will be leaving the Trump administration.

"For more than three years Eli Miller has been my closest advisor, both as the first finance hire on the campaign and subsequently at the Treasury Department. I write this note to inform our team of his planned upcoming departure from Treasury."
— Mnuchin's note, per two sources with direct knowledge.

Mnuchin told staff he was announcing the departure with "conflicting emotions."

Miller, 36, got his start in D.C. with former Speaker John Boehner's office before working for the Romney campaign in 2012, per Bloomberg News.

  • He was then fundraiser on the Rubio and Trump campaigns, ultimately joining the administration.
  • Mnuchin, who is godfather to Miller's son, told Bloomberg last year that his aide "really understands how I like to work and how we work together."
  • “He has the ability to effectively communicate with me, and for me," Mnuchin said.

Go deeper

1 hour ago - Health

The top-selling drugs in the U.S. in 2019

Data: IQVIA, company financial documents; Chart: Andrew Witherspoon/Axios

The 10 highest-selling drugs in the U.S. last year gave away more than $23 billion in rebates to insurance intermediaries, but still netted almost $58 billion in sales.

The big picture: The U.S. drug pricing system is filled with confusing numbers, and many entities profit off the flow of drugs, but pharmaceutical companies retain a vast majority of the proceeds.

Caitlin Owens, author of Vitals
2 hours ago - Health

America's flying blind on its coronavirus response

Illustration: Aïda Amer/Axios

A month after the Trump administration changed how hospital data is reported, the public release of this data "has slowed to a crawl," the Wall Street Journal reports.

The big picture: This is the latest example of how the world's wealthiest country just can't get it together.

Updated 2 hours ago - World

Pandemic plunges U.K. into "largest recession on record"

The scene near the Royal Exchange and the Bank of England in the City of London, England. Photo: Tolga Akmen/AFP via Getty Images

The United Kingdom slumped into recession as its gross domestic product GDP shrank 20.4% compared with the first three months of the year, the Office of National Statistics (ONS) confirmed Wednesday.

Why it matters: Per an ONS statement, "It is clear that the U.K. is in the largest recession on record." The U.K. has faired worse than any other major European economy from coronavirus lockdowns, Bloomberg notes. And finance minister Rishi Sunak warns the situation is likely to worsen.