Sep 30, 2017

Trump nears decision on pick for Fed chair

Yellen, Warsh, Powell, and Cohn (from l to r) are top contenders. Photos: Dake Kang, Reed Saxon, Andrew Harnik, Evan Vucci / AP

President Trump and Treasury secretary Steven Mnuchin met with former Fed governor Kevin Warsh and Fed governor Jerome Powell this week, as he gets closer to choosing a Federal Reserve chair nominee, according to Bloomberg.

Trump told reporters he would be making a decision "over the next two or three weeks." In addition to meeting with Warsh and Powell, the president has met with current Fed chair Janet Yellen and White House economic adviser Gary Cohn.

Why it matters: "The selection is one of the most important facing Trump," Bloomberg reports, saying Warsh "might aggressively promote the administration's agenda to reduce financial regulation and raise interest rates faster."

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Boris Johnson moved to intensive care as coronavirus symptoms worsen

Photo: Peter Summers/Getty Images

U.K. Prime Minister Boris Johnson has been taken to the intensive care unit of St. Thomas Hospital in London due to increasingly severe coronavirus symptoms.

The backdrop: Johnson was admitted to the hospital on Sunday for what Downing Street called "routine tests" because his condition had not improved ten days after he tested positive for the virus. His condition has since "worsened," according to a statement, and Foreign Secretary Dominic Raab will step into his place "where necessary."

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 3 p.m. ET: 1,309,439 — Total deaths: 73,703 — Total recoveries: 273,546Map.
  2. U.S.: Total confirmed cases as of 3 p.m. ET: 352,546 — Total deaths: 10,389 — Total recoveries: 18,953Map.
  3. 2020 update: Wisconsin governor issues executive order to delay in-person primary voting until June.
  4. Public health latest: Asymptomatic children could play important role in coronavirus spread, new data from the CDC shows.
  5. States' latest: West coast states send ventilators to New York and other states experiencing a more immediate need — Data suggests coronavirus curve may be flattening in New York, Gov. Andrew Cuomo said.
  6. Jobs latest: Unemployment could already be at 13% "and moving higher," per former Federal Reserve Chair Janet Yellen.
  7. What should I do? Pets, moving and personal health. Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Wisconsin governor issues order to delay in-person primary voting until June

Tony Evers. Photo: Nuccio DiNuzzo/Getty Images

Wisconsin Gov. Tony Evers (D) issued an executive order Monday delaying in-person voting for the state's primary election — currently scheduled for Tuesday — until June 9.

Why it matters: Wisconsin was slated to be the only state to vote on Tuesday amid the coronavirus pandemic, despite having a stay-at-home order in place.

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