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Saul Loeb / AP

The Washington Post's Emily Heil has the latest on Treasury Secretary Steve Mnuchin's Saturday nupitals:

"Commerce Secretary Wilbur Ross was introducing Mnuchin at a conference and concluded ... with a personal flourish: 'Hilary and I also extend our congratulations and look forward to seeing you wed your dear fiancee, Louise Linton, on Saturday,' he said, referring to his wife, Hilary Geary Ross.

"Mnuchin has been engaged to Linton, a Scottish model/actress, since 2015. Linton, 36, ... had small roles in a number of movies and TV shows ... In May, Linton stepped down as chief executive of film-financing firm Dune Entertainment — a company that Mnuchin had divested from — after some questioned the ethics of her retaining a role in the company.

"Mnuchin, 54, will have something ... in common with Wilbur Ross and with Trump — both his Cabinet colleague and his boss are married to wife No. 3."

Go deeper

Updated 5 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Coronavirus deaths reach 4,000 per day as hospitals remain in crisis mode — America has tuned out the coronavirus at the peak of its destruction — 1 in 3 people in L.A. County believed to have been infected with coronavirus.
  2. Politics: Biden taps ex-FDA chief to lead Operation Warp Speed amid rollout of COVID plan— Widow of GOP congressman-elect who died of COVID-19 will run to fill his seat — Joe Biden will seek nearly $2 trillion in COVID relief spending.
  3. Vaccine: Battling Black mistrust of the vaccines"Pharmacy deserts" could become vaccine deserts — Instacart to give $25 to shoppers who get vaccine.
  4. Economy: Unemployment filings explode againFed chair: No interest rate hike coming any time soon —  Inflation rose more than expected in December.
  5. World: WHO team arrives in China to investigate pandemic origins.
Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

Trump blocks banks from limiting loans to gun and oil companies

Illustration: Sarah Grillo/Axios

Big banks are no longer allowed to reject business loan applicants because of the industry in which they operate, according to a new rule finalized on Thursday by the Trump administration.

Why it matters: Wall Street has curtailed its exposure to industries like guns, oil and private prisons, driven by both public and shareholder pressures. This new rule could reverse that trend.

Former FDA commissioner: "Reliable drug supply is absolutely critical"

Axios' Caitlin Owens and former FDA commissioner Mark McClellan. Photo courtesy of Axios Events

Having a reliable supply of pharmaceutical drugs throughout America will be "absolutely critical" to boosting affordability in health care during the Biden administration, former Food and Drug Administration (FDA) commissioner Mark McClellan said at a virtual Axios Event on Friday.

The big picture: McClellan, who served under President George W. Bush, says drugs having limited supply and limited competition leads to elevated pricing. He considers drug supply to be a national security and public health issue.