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The Trump team plans to oust the Obama-appointed heads of the National Nuclear Security Agency on Inauguration Day, according to Gizmodo.

Under Secretary Frank Klotz and his deputy Madelyn Creedon will lose their jobs on day one of Trump's administration — potentially along with dozens of employees working underneath them.

The NNSA:

  • Maintains the security of the United States' nuclear weapons arsenal
  • Reduces the global threat of nuclear weapons by advocating nonproliferation
  • Acts as a first response unit for a nuclear or radiological disaster in the United States

Why this matters: It's another sign of the Trump administration's desire to purge the government of all traces of President Obama, even if it leaves key jobs unfilled on Day 1. These are positions that require Senate confirmation and could take months to fill.

Go deeper

Dion Rabouin, author of Markets
12 mins ago - Economy & Business

Miami mayor: Bitcoin's appeal is that governments can't manipulate it

Miami Mayor Francis Suarez is pushing to make bitcoin a part of his city's economic future, and in an interview with "Axios on HBO," he pushed back against the economic orthodoxy of people like Treasury Secretary Janet Yellen who say it's a bad idea.

Why it matters: Miami's inclusion of bitcoin as a way to pay city employees or as part of the city's emergency cash holdings, as Suarez has proposed, would add legitimacy to the cryptocurrency and further entrench it in the U.S. economic system.

Dion Rabouin, author of Markets
14 mins ago - Politics & Policy

Miami mayor acknowledges Big Tech plans could hurt the city's poor

Photo: "Axios on HBO"

Miami Mayor Francis Suarez's ambitions to attract Big Tech has generated a lot of headlines — but it will likely come with some negative impacts for current residents, for which the mayor admits there may not be solutions.

What he's saying: "Gentrification is real," Suarez told "Axios on HBO." But even with his efforts to promote affordable housing, he argues that "government has a limited amount of resources and a limited amount of ability to stop things that are market driven."

Trump's assault on Chinese tech left loose ends galore

Illustration: Sarah Grillo/Axios

President Trump's haphazard war on Chinese tech has left the Biden administration with a raft of unfinished business involving efforts to restrict Chinese firms and products in U.S. markets.

Why it matters: The Chinese and American tech industries are joined at the hip in many ways, and that interdependence has shaped decades of prosperity. But now security concerns and economic rivalries are wrenching them apart.