Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Carolyn Kaster / AP

A decision is imminent from White House chief of staff John Kelly on whether Steve Bannon will keep his job, according to administration officials with knowledge of the situation:

  • Bannon, who has run afoul of Trump in the past, is now suspected by the president of leaking about his West Wing colleagues. And Trump resents the publicity Bannon has been getting as mastermind of the campaign.
  • Many West Wing officials are now asking "when," not "if," Bannon goes.
  • Chief of Staff General John Kelly has been reviewing Bannon's position.
  • A recent deluge of media coverage of Bannon — including Bannon's explosive conversation with the American Prospect — have not escaped either the president's or Kelly's attention.

One White House source twists the knife: "His departure may seem turbulent in the media, but inside it will be very smooth. He has no projects or responsibilities to hand off."

Why Bannon might still survive:

  • Trump often sends mixed signals about his personnel plans, and makes decisions — both to keep and dismiss people — on whim.
  • Bannon, with his close connection to the president's base, is the one West Wing official who could do authentic damage to Trump on the outside.
  • We're told that Bannon's friendship with the billionaire Mercer family, who has been an important Trump ally, is a factor in the president's decision and could be part of the strategist's survival package.

Bannon is unfazed, according to friends and confidants:

  • That's readily apparent from his media appearances. He seems unburdened, giving on the record interviews to publications including the New York Times, where he's unapologetically defending Trump's controversial comments in the fallout from the racist carnage in Charlottesville.
  • One senior White House official said it seemed like Bannon was setting himself up to be a martyr — the nationalist hero fired by the "globalists."
  • He'd return to the outside world, a leader in the populist nationalist movement worldwide, with a partner in hedge fund billionaire Bob Mercer, who has deep pockets and would make Bannon even more of a force to be reckoned with on the outside. Plus he has the killing machine of Breitbart to return to.

Bannon has felt freed this past week and has told friends that he is ready to go "medieval" on enemies of Trump and his populist agenda both in and out of the White House.

  • A source close to Bannon: "This week is a good window into what Bannon outside the [White House] would look like: A strong defense of POTUS and 'fire and fury' for enemies of The Trump agenda."
  • "Get ready for Bannon the barbarian."

Go deeper

7 hours ago - World

Maximum pressure campaign escalates with Fakhrizadeh killing

Photo: Fars News Agency via AP

The assassination of Mohsen Fakhrizadeh, the architect of Iran’s military nuclear program, is a new height in the maximum pressure campaign led by the Trump administration and the Netanyahu government against Iran.

Why it matters: It exceeds the capture of the Iranian nuclear archives by the Mossad, and the sabotage in the advanced centrifuge facility in Natanz.

Scoop: Biden weighs retired General Lloyd Austin for Pentagon chief

Lloyd Austin testifying before Congress in 2015. Photo: Chip Somodevilla/Getty Images

Joe Biden is considering retired four-star General Lloyd Austin as his nominee for defense secretary, adding him to a shortlist that includes Jeh Johnson, Tammy Duckworth and Michele Flournoy, two sources with direct knowledge of the decision-making tell Axios.

Why it matters: A nominee for Pentagon chief was noticeably absent when the president-elect rolled out his national security team Tuesday. Flournoy had been widely seen as the likely pick, but Axios is told other factors — race, experience, Biden's comfort level — have come into play.

Updated 9 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: Supreme Court backs religious groups on New York COVID restrictions.
  3. World: Thailand, Philippines sign deal with AstraZeneca for vaccine.
  4. Economy: Safety nets to disappear in December Black Friday shopping across the U.S., in photosAmazon hires 1,400 workers a day throughout pandemic.
  5. Education: National standardized tests delayed until 2022.