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Politics

Biden advisor’s lobbyist brother has connections however is cautious on conflicts

The lobbyist brother of one of President-elect Joe Biden’s top advisors has made a name for himself for his deep connections in DC and for decades of experience serving corporate clients.

Some of Jeff Ricchetti’s former employees and clients also said he had turned down requests to lobby his brother, longtime Biden aide and new White House advisor Steve Ricchetti.

CNBC spoke to several people who worked with Jeff Ricchetti for insights into how he could go into the new year to influence lawmakers.

These discussions also provide insight into how Jeff Ricchetti could handle and potentially avoid potential conflicts of interest during in-depth administration.

CNBC reached out to Ricchetti on Wednesday. He did not return a request for comment on this story. A spokesman for the Biden transition team also did not return a request for comment.

In 2020, Jeff Ricchetti had its largest client base since 2014, according to the non-partisan Center for Responsive Politics. The surge in clients came when Biden won the Democratic primary and eventually defeated President Donald Trump in the general election.

Biden later named Steve Ricchetti, who also presided over the former Vice President’s election campaign, as his adviser to the White House. Jeff Ricchetti has signed nearly a dozen contracts this year and received lobbying fees of at least $ 635,000. Amazon is one of its newest customers, as CNBC first reported. Others are Horizon Therapeutics, Evofem Biosciences, Finseca, GlaxoSmithKline, and Applied Materials.

People who know Jeff Ricchetti say he pushes back customers seeking access to his brother. However, his staff also noted that customers will likely still get in touch with the Biden team.

“That doesn’t mean potential customers won’t come back to see him partly because of his brother,” said a lobbyist who has known Jeff Ricchetti for nearly a decade. “But he’s a professional and knows how to work properly.” This person declined to be named in order to speak freely.

A person familiar with the brothers’ relationship previously told CNBC that Jeff Ricchetti would never lobby Steve Ricchetti and that the two would keep their professional lives separate.

Before opening his company Ricchetti Inc., Jeff Ricchetti worked with Tony Podesta in the late 1990s. Steve and Jeff Ricchetti founded their company of the same name in the early 2000s.

Podesta told CNBC in an email that Jeff Ricchetti was recognized as a talented and strategic lobbyist while working there for a number of years. Podesta, the brother of former Clinton White House Chief of Staff John Podesta, was once known as the kingmaker of the Democratic Party and a major corporate lobbyist. Steve Ricchetti also served in the Clinton administration and later with Biden during President Barack Obama’s tenure as President. Steve Ricchetti was signed off as a lobbyist in 2008.

“He does things,” said Podesta. “Very talented, hard-working, strategic, easy-going, content.” Records show that Ricchetti, as a lobbyist for Podesta’s company, represented companies like Dow Chemical, Eli Lilly, Novartis, eBay, and Roche Holdings.

Marc Cadin, CEO of the professional association Finseca, told CNBC that he has known Ricchetti for almost 20 years. One of the bills that Ricchetti and other members of Cadin’s team hired Congress to do was Trump’s 2017 tax reform bill.

“Most notable is a 199A deduction that we applied to life insurance companies to give our members a significant tax break there,” said Cadin, discussing Ricchetti’s recent efforts for Finseca, which has over 6,000 members.

The IRS calls this deduction a qualified business income deduction. “The deduction allows eligible taxpayers to deduct up to 20 percent of their qualifying business income as well as 20 percent of qualifying dividends from real estate mutual funds and income from qualifying publicly traded partnerships,” the IRS website states.

Cadin, who described Ricchetti as a lobbyist with extensive expertise in tax policy, expects him to lobby the new Congress and possibly the finance department for Finseca from 2021.

“We have some problems in and around the finance department. I can see how he is doing there,” said Cadin.

He also said that, in his experience, the Ricchetti Brothers always found a way not to address ethical issues. “These people know how to do it right and how not to push boundaries,” he said.

He was hired by some of Jeff Ricchetti’s recent clients to seek the support of moderate lawmakers for progressive tax policy proposals. Biden has proposed raising taxes for the rich and corporations.

Chuck Collins, a member of the Advisory Board of the Patriotic Millionaires Advocacy, told CNBC that his organization hired Ricchetti in 2020 to get support from moderate Democrats in both the House and Senate for what was on the group’s website referred to as the “Emergency Promotion Bill”.

In an open letter to Congress leaders, including House Speaker Nancy Pelosi, D-Calif., And Senate Minority Chair Chuck Schumer, DN.Y., the group urged Congress to pass emergency relief legislation to be included in an aid package for coronaviruses. The letter said the legislation would “double the Foundation’s mandatory annual payout from five to ten percent over the next three years and require the same ten percent payout obligation for Donor Advised Funds (DAFs).”

The Charity Act campaign was run by the Patriotic Millionaires, Wallace Global Foundation, Voices for Progress, the Institute for Political Studies – Inequality Program, Solidaire Network, and Edge Funders Network.

Collins, great-grandson of meat packer Oscar Mayer, told CNBC he has known Ricchetti for over a decade. The group selected him for the project, Collins said, not because of his connections with his brother, but because of his deep insight into current and past policy makers in Washington.

“I think he has a good inner compass of what is working and what obstacles you are going to run into and whether to waste your time,” said Collins.

A Patriotic Millionaires spokesman did not return a request for comment.

Frank Clemente, executive director of Americans for Tax Fairness, a project by a progressive nonprofit called New Venture Fund, said the organization hired Ricchetti in late 2019 to drive a “millionaire side tax”. Similar to his efforts on behalf of the patriotic millionaires, Clemente said Ricchetti had targeted moderate Democrats in the house.

“We just felt like he brought something we didn’t have. He brings connections,” said Clemente.

The Americans for Tax Fairness website is promoting the additional tax as “a 10% surcharge on income over $ 2 million could raise $ 635 billion over 10 years.” Senator Chris Van Hollen, D-Md., And MP Don Beyer, D-Va., Presented the proposal to Congress in November 2019. Democrats running for president, including billionaire Mike Bloomberg and Senator Elizabeth Warren D-Mass., Also endorsed similar concepts.

When Biden ran for president, Clemente said he tried to get Ricchetti to push the Biden campaign to support the surcharge, but the longtime lobbyist declined.

“I think I asked him, ‘Can you help me with your brother?’ but it was always very clear – this was never a place to go, “said Clemente.

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Politics

Trump price range chief refuses to direct workers to assist with Biden spending plans

Acting Director of the Office of Management and Budget (OMB) Russell Vought speaks to reporters during a press conference at the White House in Washington, the United States, on March 11, 2019.

Jonathan Ernst | Reuters

The head of the White House budget office on Thursday refused to direct staff and resources to help with the incoming Biden administration’s spending plans in an escalating dispute over the bureau’s responsibilities during the transition process.

Russ Vought, Office of Management and Budget Director, pushed back allegations of disability made by President-elect Joe Biden’s transition team, adding that his agency will not partner with alleged efforts to “dismantle” Trump administrative policies.

“Our system of government has a president and an administration,” said Vought in a letter to Biden’s interim chief Ted Kaufman.

Vought’s letter, posted publicly on his Twitter account, fueled the smoldering dispute between President Donald Trump’s administration and the incoming Biden team.

Biden spokesman Andrew Bates in a statement called it “unacceptable” amid a time of economic hardship, “hampering the US government’s ability to budget and efficiently aid those most in need, in particular explicit reasons. ” , declared partiality. “

“The last two paragraphs of this letter confirm exactly what the transition said yesterday and contradict the opening of the letter with an openly political admission of what is really happening – given the way OMB works during each change of president for decades,” said Bates . “The president-elect will continue to work in good faith to get our country out of this emergency as soon as possible. There is a responsible approach.”

In a speech Monday, Biden highlighted OMB and Defense Department leaders for putting up “roadblocks” that are hindering his efforts to prepare for the presidency.

“Right now we just don’t get all of the information we need from the outgoing administration in key national security areas,” Biden said at the time. “In my opinion, it’s nothing less than irresponsibility.”

Acting defense chief Christopher Miller responded later that day, saying in a statement that the Pentagon’s efforts “have already exceeded those of the youngest administrations in more than three weeks”.

In a virtual briefing on Wednesday, the new White House press secretary Jen Psaki and Biden’s advisor Yohannes Abraham criticized these agencies again.

“There is no question that the process will be delayed by what we’ve seen from the outgoing OMB,” said Abraham. “It takes many man-hours to prepare the budget and requires the analytical support that was part of OMB’s commitment to previous transitions that we did not receive.”

In the past, the OMB provided incoming administrations with economic and budgetary information well in advance of Inauguration Day in order to prepare them for the swift presentation of the new President’s budget. The document is technically due on the first Monday in February, but has been delayed in the past.

Bloomberg reported earlier Thursday, citing people familiar with the matter, that Vought was preventing members of the Biden team from meeting with household officials to finalize and publish new regulations before the Trump administration comes to an end.

In his letter to Kaufman, Vought said the record shows that “OMB has fully participated in reasonable transition efforts.”

Vought said the budget agency held more than 45 meetings with Biden staff and provided “all information requested” about ongoing programs. He also said Biden’s team was briefed on the Trump administration’s coronavirus relief efforts, including Operation Warp Speed, the White House’s vaccine development and distribution plan.

“What we didn’t and won’t do is use current OMB staff to write this [Biden transition team’s] Legislative proposals to dismantle the work of this government, “Vought said in his letter.

“OMB staff are working on the policies of this administration and will continue to do so through the last day of their term. Redirecting staff and resources to develop your team’s budget proposals is not the responsibility of the OMB transition.”

Vought added, “OMB will not get involved in developing strategies that weaken border security, undermine the president’s deregulatory successes, and draft budgets that will bankrupt America.”

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Politics

Biden Criticizes Trump on Vaccine Distribution and Pledges to Choose Up Tempo

WASHINGTON – President-elect Joseph R. Biden Jr. criticized the speed of vaccine distribution under the Trump administration on Tuesday, pledging to accelerate the pace of his inauguration while issuing a sober warning of the consequences of the coronavirus pandemic.

Making a grim assessment of the months ahead, Mr Biden said this would be “a very difficult time for our nation” and admonished Americans to make the sacrifices necessary to overcome the destruction of the virus.

“It will take all of the determination and determination that we as Americans have to make this happen,” he said.

He warned that if the current pace of vaccine administration continues under President Trump, “it will take years, not months” to vaccinate the nation. And he said he directed his team to prepare for a more aggressive effort after taking office in three weeks, and promised to “move heaven and earth to point us in the right direction”.

“This will be the greatest operational challenge we have ever faced as a nation,” said Biden during a speech in Wilmington, Delaware, “but we will make it.”

Mr Biden will assume the presidency during a health crisis that has killed more than 338,000 people in the United States and caused widespread economic disruption. The distribution of vaccines to the American people will be an early test for him.

Earlier this month, federal officials announced that 20 million people would receive their first vaccinations by the end of the year. As of Monday morning, 11.4 million doses of the Pfizer and Moderna vaccines had been shipped across the country, but only 2.1 million people in the US had received their first dose, according to a dashboard published by the Centers for Disease Control and Prevention is being managed This most likely reflects a reporting delay of several days.

Mr Biden has vowed to get 100 million vaccine shots in the arms of Americans in his first 100 days in office. Vaccination currently requires two shots, which suggests that around 50 million people would be vaccinated during that time.

On Tuesday, Mr Biden announced new members to his Covid-19 response team, including vaccination, testing and supply chain management coordinators.

Operation Warp Speed, the Trump administration’s drive to accelerate vaccine development and adoption, spent billions of dollars to help drug companies test and manufacture their vaccines and ensure they have a buyer. These investments have helped vaccines become available much faster than many experts had predicted.

Even so, the launch of these vaccines has started slower than federal officials had hoped.

“We are certainly not at the numbers we wanted at the end of December,” said Dr. Anthony S. Fauci, the government’s foremost infectious disease expert, on CNN Tuesday. But he added, “I think when we get into January we will see an increase in momentum.”

Moncef Slaoui, the scientific advisor to Operation Warp Speed, said just last week that the chances were good that the first 100 million people in the US would be vaccinated by the end of March.

Michael Pratt, a spokesman for the Department of Health and Human Services, defended the pace of vaccine adoption. In a statement, he said it was “evidence of the success of Operation Warp Speed” that 20 million cans had already been made available to states and other jurisdictions. (Not all cans have been shipped.) And Mr Trump said in a tweet that it was “a matter for states to distribute the vaccines as soon as they are brought into designated areas by the federal government.”

The pace of vaccination in the United States is expected to accelerate in the first few months of next year as more vaccines become available and more facilities distribute them to a wider range of Americans. To date, vaccines have mainly been given to healthcare workers in hospitals, as well as residents of nursing homes and other long-term care facilities.

Updated

Apr. 29, 2020, 10:06 am ET

In his remarks on Tuesday, Mr Biden said he could “return to normal next year”, but also offered a threatening prognosis for the near future. The next few months could be “the toughest in this entire pandemic,” he said, adding, “I know it’s hard to hear, but it’s the truth.”

“We have to steel our spikes for what lies ahead,” he said.

He expressed hope that Mr Trump, who refused to wear a mask and made fun of Mr Biden during the campaign to wear a mask, could continue to make a positive impact on the public.

“It would make a big difference for President Trump to say, ‘Wear masks,'” said Biden. “I hope the President will clearly urge all Americans to take the vaccine when it becomes available.”

Hours before Mr Biden spoke, Vice President-elect Kamala Harris received her first dose of a Covid-19 vaccine. The recording was televised, as was Mr. Biden’s last week when he received the Pfizer vaccine in a Delaware hospital.

Ms. Harris received the Moderna vaccine at United Medical Center, a public hospital in southeast Washington. She encouraged Americans to get vaccinated too, saying, “It’s relatively painless. It goes very quickly. It’s safe. ”Her husband, Doug Emhoff, also received the vaccine Tuesday.

State and local officials have long said they need more money to distribute and administer vaccines. The $ 900 billion aid package that Mr Trump put into law on Sunday provides more than $ 8 billion for vaccine distribution, roughly equivalent to the $ 8.4 billion health departments have asked Congress to do . The CDC sent $ 200 million to the states for the effort in September, followed by another $ 140 million this month.

The government has said the goal is to have anyone wanting a vaccine able to have a vaccine by June, but it has not yet provided enough vaccines to be approved for use. The United States is committed to receiving enough vaccines to vaccinate 200 million of the approximately 260 million American adults who are eligible for the vaccination.

Moderna has agreed to ship 200 million doses of its vaccine to the US, with the first half scheduled for late March and the second half at the end of June.

Pfizer has also agreed to provide 200 million doses. With each person taking two shots, 120 million cans are running out.

In the summer, before the vaccine was shown to be effective, Pfizer agreed to give the United States an initial 100 million doses. At that time, the government passed on an offer from Pfizer to secure additional supplies.

However, when it became clear that more doses were needed, the government resumed talks with Pfizer. In a deal announced last week, Pfizer agreed to provide an additional 70 million doses by the end of June and an additional 30 million doses by the end of July.

Under the deal, the government agreed to invoke the Defense Equipment Manufacture Act, a Korean War-era law that allows the government to secure critical supplies faster by forcing suppliers to place orders from a specific contractor prioritize. Operation Warp Speed ​​has applied the Defense Production Act 18 times to date, including making glass vials and syringes, according to the Department of Health and Human Services.

Mr Biden said Tuesday that when he takes office he will also apply the Defense Production Act and said he will “instruct private industry to expedite the manufacture of the materials and protective equipment needed for the vaccines”.

The government has some means of providing vaccines to 60 million American adults that are not covered by existing contracts with Pfizer and Moderna.

It may be possible to exercise options to buy more doses of Pfizer or Moderna. The government could also turn to third-party vaccines that are expected to report late-stage results in the coming weeks. Johnson & Johnson is expecting results from a study late next month on its single vaccine, a format that is easier to dispense than Pfizer and Moderna vaccines. A US study evaluating a two-shot vaccine developed by AstraZeneca and the University of Oxford could yield results in February.

On Tuesday, Mr Biden admitted he was not yet in control of the government’s virus response, saying, “My ability to change the direction of this pandemic will begin in three weeks.” And he made it clear that next year he would need help from Congress to provide additional funding to carry out his plans.

But even when he warned of the difficult weeks and months, he was optimistic in the long term.

“We’ll get through this,” he said. “The days are brighter.”

Thomas Kaplan reported from Washington and Rebecca Robbins from Bellingham, Wash.

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Health

Joe Biden says Trump’s Covid vaccine effort far brief its personal objectives

U.S. President-elect Joe Biden speaks to reporters after making remarks at The Queen in Wilmington, Delaware ahead of the December 22nd, 2020 holiday.

Alex Edelman | AFP | Getty Images

President-elect Joe Biden on Tuesday criticized the Trump administration’s efforts to distribute and administer Covid vaccine shots, saying the administration had failed to achieve its own goals.

“The Trump administration’s plan to distribute vaccines is falling far behind,” he said at a press conference. “As I have long feared and warned, efforts to distribute and administer the vaccine are not progressing as they should.”

He said his government will “move heaven and earth” to expedite the distribution and delivery of the Covid vaccines once he takes office on Jan. 20. He reiterated his government’s pledge to have administered 100 million doses of vaccine by his 100th day in office.

“This will be the greatest operational challenge we have ever faced as a nation,” he added. “We’ll get there. It’s going to take a tremendous new effort. It’s not underway yet.”

While more than 11.4 million doses of vaccine had been distributed to states on Monday, just over 2.1 million doses were given, according to the Centers for Disease Control and Prevention. The agency notes that when states and jurisdictions report the data, their data may lag behind the actual number of doses given.

“A large difference between the number of doses distributed and the number of doses administered is expected at this point in the COVID vaccination program due to several factors including delays in reporting doses administered, managing available vaccine stocks by jurisdiction, and imminent vaccination launch the federal program for pharmacy partnership for long-term care, “says the agency on its vaccine tracking website.

CDC officials did not respond to CNBC’s request for further comment on the inequality between administered and administered doses.

Dr. Anthony Fauci, director of the National Institute for Allergies and Infectious Diseases, admitted Tuesday on CNN that the vaccine roll-out has been slower than expected.

“We are certainly not at the numbers we wanted at the end of December,” he said in an interview with Jim Sciutto. “I think we will see an increase in momentum in January that will hopefully allow us to catch up on the planned pace Jim.”

Michael Pratt, a spokesman for Operation Warp Speed, reiterated that the number of doses reported by the CDC is likely to be too few due to delays in reporting data.

“Operation Warp Speed ​​remains on track to deliver approximately 40 million vaccine doses and 20 million primary vaccination doses by the end of December 2020. The distribution of the 20 million primary doses extends into the first week of January when states place orders she, “he said in a statement.

Dr. Atul Gawande, a member of Biden’s Covid-19 advisory team, said on CBS This Morning Tuesday that the in-depth administration “does not have all the information it needs to understand where the bottlenecks are”.

He also noted that he is concerned that the Trump administration is overly optimistic about the vaccination schedule. Trump’s HHS Secretary Alex Azar has said the general public can be vaccinated by March.

“I worry that if things get back to normal, I’ll be over-promising,” said Gawande, a surgeon at Brigham and Women’s Hospital in Boston and a professor at Harvard University.

He vowed that the Biden administration would be more transparent about where the problems lie, be it with the production, the distribution or the administration of the recordings.

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Business

How Joe Biden can speed up the transition to scrub vitality

US President-elect Joe Biden speaks about the latest massive cyber attack against the US and other targets of the Biden administration in Wilmington, Delaware, December 22, 2020.

Leah Millis | Reuters

As we enter the third decade of the 21st century, we are facing a green industrial revolution. Now is the time for President-elect Joe Biden and his brilliant team of scientific, economic and national security experts to work with the private sector to accelerate this historic transition to a low-carbon world.

With an ambitious $ 2 trillion plan to address the climate change threat more broadly than any other government, the Biden presidency could mark a turning point in federal government policy and usher in a new era for clean energy.

And the newly announced Biden environmental team will find a receptive business community to work with. In recent years, efforts to combat climate change in the United States have not been led by the federal government and federal politics – although many states and cities have continued to act independently – but by corporations and financial markets.

The private sector has increasingly focused on sustainability and climate risks, not only due to heightened climate change awareness and accountability to stakeholders, but also due to dramatic innovations that have significantly lowered the price of clean energy and catalyzed a shift in creating markets, Create financial incentives and motivate companies and institutional investors to benefit from these trends.

In fact, renewable energy is cheaper than traditional electricity generation for more than two thirds of the world. It was only last year that electricity generation from renewable sources surpassed coal in the US for the first time in modern times.

It was also a turning point for corporate climate announcements as more companies set goals for zero net emissions with clear timelines and actions.

Meanwhile, more and more investors are refusing to invest in conventional energy sources as economics become less attractive and they focus instead on clean technologies. The value of private equity investments in renewable energy projects has doubled in the past year, and in the past year and a half, venture finance for climate tech companies has increased from $ 418 million in 2013 to $ 16.1 billion -Dollar.

It was also a turning point for corporate climate announcements as more companies set goals for zero net emissions with clear timelines and actions. A number of tech companies announced significant decarbonization goals, including Google, which is committed to offsetting all the carbon it has ever emitted and being 100% renewable by 2030.

In the transportation sector, JetBlue was the first US airline to achieve CO2 neutrality for all domestic flights. In the telecommunications sector, AT&T has pledged net carbon neutrality by 2035 and introduced a new climate change analysis tool to quantify climate risks across the network. In particular, several major oil and gas companies have pledged to decarbonize their businesses significantly this year, including BP, Shell and, just last month, Equinor.

According to a recent report that analyzes progress under the Paris Agreement and finds significant private sector momentum, over 1,500 companies, with combined sales of $ 12.5 trillion, have now set net zero emissions targets.

Throughout modern history, there have been a number of turning points in the energy sector that have brought about transformative change: the industrial revolution in the 1750s and 1760s, which ushered in the rise of coal power and the use of steam; the invention of the first widespread light bulb in the 1870s, which extended the working day and improved the quality of life; and the rise of oil, which in 1964 overtook coal as the main global energy source and ushered in a new era of mass production and global transportation.

Today we are at a different turning point as we continue on the path towards a clean world. But we have to accelerate the pace and act faster and more comprehensively in order to counter the existential risks and costs of climate change.

In 2020 the private sector led the way, but the federal government still has an opportunity to get involved again. The future Biden administration should set up a Sustainable Recovery Task Force composed of business and labor leaders who can offer climate and economic policy a private sector perspective, and call a summit on better reconstruction within the first 100 days. Participate in the private sector representative. Advance a detailed climate agenda.

We believe this moment represents a historic opportunity for our new national leadership to join forces with corporations and institutional investors to take bold climate action to accelerate the global transition to a low-carbon economy.

Laura Tyson, a former chairman of the President’s Council of Economic Advisers during the Clinton administration, is a professor at the Haas School of Business at the University of California at Berkeley and a member of the Board of Advisors for Angeleno Group, LLC, an energy and climate solutions investment firm . Daniel Weiss is co-founder and managing partner of the Angeleno Group.

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Politics

Biden accuses Trump’s Pentagon and OMB of obstruction, calls for cooperation

President-elect Joe Biden said Monday his transition team had encountered “roadblocks” and “obstacles” among the heads of the Trump administration at key agencies, hampering the new administration’s efforts to prepare for the presidency.

But one of those agency chiefs, incumbent Defense Secretary Christopher Miller, pushed back Biden’s criticism and highlighted the recent dispute between President Donald Trump’s Pentagon and the President-elect.

“The truth is that many of the agencies vital to our security have suffered tremendous damage,” Biden said during a speech in Delaware after briefing from his national security and foreign policy agency review teams.

“Many of them have been undermined in terms of human resources, capacity and morale. Political processes have stunted or stopped,” he said.

Biden, who will take office in less than a month, highlighted the Department of Defense and the Office of Administration and Budget in his speech.

“Our team has received exemplary cooperation from some agencies,” said Biden. “We have encountered obstacles from the political leadership of that ministry from others, particularly the Ministry of Defense.”

He later added, “We have encountered obstacles from the political leadership in the Department of Defense and the Bureau of Administration and Budget. At the moment we are simply not getting all of the information we need from the outgoing administration for key national security areas.”

“In my opinion it’s nothing less than irresponsibility,” said Biden.

In a statement later Monday, incumbent defense chief Miller defended his agency’s coordination with Biden’s team.

“The Department of Defense conducted 164 interviews with over 400 officials and provided over 5,000 pages of documents – far more than originally requested by Biden’s transition team,” Miller’s statement said.

Included in this statement is a bulleted list of “transition facts” which indicates that all interviews with the transition team are being conducted for the first time in practical light of the coronavirus pandemic.

The agency’s efforts “are already outperforming the youngest administrations in more than three weeks,” said Miller, “and we continue to plan additional meetings for the remainder of the transition and respond to any information requests in our area of ​​responsibility.”

Department of Defense officials, the statement added, “have worked with the utmost professionalism to support transition activities on a compressed schedule and they will continue to do so in a transparent and collegial manner that upholds the best traditions of the department. The American people expect nothing less and that’s what I’m still committed to. “

The Bureau of Administration and Housekeeping did not immediately respond to CNBC’s requests for comment.

Biden applauded his agency review teams for doing “an excellent job” despite the pandemic and delays in receiving federal funding through Trump’s General Services Administration. These obstacles emerged when the president refused to allow Biden and his electoral team and others continued their efforts to overturn the elections.

According to Biden, it is an urgent concern “to ensure that nothing is lost during the handover between the administrations”.

“We need a comprehensive look at the current budget planning of the Department of Defense and other agencies to avoid the confusion and catch-up that our opponents may be trying to exploit.”

While the president-elect’s remarks were among his most critical of the Trump administration from the Wilmington lectern, they were not the first instance of Biden’s struggles with Trump’s Department of Defense.

Tensions between the Pentagon and Biden’s team became public earlier this month over Miller’s decision to cancel meetings with the Transition team for the rest of the year.

Miller said in a statement that there was a “mutually agreed vacation break” but a Biden spokesman replied that no such agreement had been made.

“Let me be clear: there was no mutually agreed vacation break,” transition spokesman Yohannes Abraham told reporters.

It was weeks after the election when defense officials confirmed that the transition process within the Pentagon had begun.

“The first meeting today was via videoconference. It was a good, productive meeting and we set some ground rules,” said Tom Muir, director of Washington Headquarters Services, during a Pentagon briefing on November 24th.

“They look forward to participating in discussions here at the Pentagon,” added Muir, who will facilitate the transition process.

Muir said at the time that the Biden team will have dedicated office space in the Pentagon and reasonable access to information.

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Health

Biden warns doses will not cease deaths of ‘tens of 1000’s’ Individuals

President-elect Joe Biden on Tuesday urged Americans to remain “vigilant” over the holidays, adding that Pfizer and Moderna’s coronavirus vaccines are unlikely to stop the deaths of “tens of thousands” from the pandemic in the coming months will.

The United States is currently recording an average of nearly 3,000 Covid-19 deaths per day, Biden said during his remarks in Wilmington, Delaware, Tuesday afternoon. The vaccines, which are currently in short supply in the US, “won’t stop that,” he added.

“Putting the vaccination in the arms of millions of Americans from a vial is one of the greatest operational challenges the United States has ever faced,” he said, adding that vaccinating 320 million Americans “will continue for months ” will take. “Meanwhile, the pandemic rages on. Experts believe it could get worse before it gets better.”

US health officials have repeatedly announced that they will vaccinate at least 20 million Americans by the end of the year, in less than two weeks. More than 4.6 million doses of vaccine had been distributed in the U.S. as of Monday, and at least 614,117 people have received their first shots, according to the Centers for Disease Control and Prevention. Both Pfizer’s and Moderna’s vaccines require two doses three to four weeks apart.

Biden was among those who received gunshots and received a Covid-19 vaccine on live television Monday afternoon. White House coronavirus advisor Dr. Anthony Fauci, who will remain in a similar position as Biden’s advisor on Covid-19 next year, also received a public shot Tuesday.

Meanwhile, the coronavirus continues to spread rapidly in the United States. The nation has at least 215,400 new Covid-19 cases and at least 2,600 virus-related deaths each day, based on a seven-day average calculated by CNBC using data from Johns Hopkins University. The United States still has the worst outbreak of any other country in the world.

A coronavirus model once quoted by the White House suggests that by April 1, more than 561,600 Americans could die from Covid-19 as new deaths hit record highs in many parts of the country. A worst-case forecast by the University of Washington’s Institute for Health Metrics and Evaluation assumes that up to 715,000 Americans could die by that time.

To heighten fears, the UK has identified a new variant of the coronavirus that appears to be spreading faster.

Scientists and experts in infectious diseases are still putting together what they know about the new strain SARS-CoV-2 VUI 202012/01, which, according to the CDC, represents the first variant examined in December 2020. It has not yet been discovered in the US, but the agency said Tuesday it could already be spread across the country unnoticed.

“Ongoing travel between the United Kingdom and the United States, as well as the high prevalence of this variant in current infections in the United Kingdom, increases the likelihood of imports,” said a CDC statement. “Given the low proportion of US infections sequenced, the variant could already be in the US without being discovered.”

When asked about the new variant of the virus on Tuesday, Biden said he had asked his Covid-19 task force if further pandemic restrictions were needed.

“One thing I’m waiting for from my Covid team is whether we should need testing before they get on a plane to go home, number one,” he said. “And number two, when you get home you should be quarantined. That’s my instinct, but I’m waiting to hear from my experts now.”

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Health

Biden advisor Dr. Atul Gawande was in Moderna trial

Dr. Atul Gawande, a coronavirus advisor to President-elect Joe Biden, told CNBC on Wednesday that he had participated in Moderna’s Covid-19 vaccine study.

“My mom, 84, said, ‘I want to give something back,’ so she signed up for the trial. I said if my mom can, I’ll sign up for a vaccination trial,” said Gawande at the Squawk Box . “

Massachusetts-based Moderna was eventually the company to offer a study nearby, said Gawande, a surgeon at Brigham and Women’s Hospital in Boston and a professor at Harvard University. He said he received his first shot in August and “felt almost nothing”. However, when he received the second dose in late September, it was a different story.

“Two days later, I had a fever, chills and had to stay home,” said Gawande, who is also chairman of Haven, the joint healthcare company of Amazon, Berkshire Hathaway and JPMorgan Chase. “I haven’t had to take a day out of my practice or public health work in over a year. I barely let anything knock me down, but it knocked me down. Then, about 24 hours later, I was back on my feet and.” I’m fine. “

Gawande’s reflection on his experience comes from Americans being immunized against Covid-19 for the first time outside of clinical trials, starting last week with Pfizer’s vaccine and this week with Modernas. 614,117 doses were administered on Monday morning, according to a tracker from the Centers for Disease Control and Prevention.

Gawande said he didn’t know if he received the vaccine or was in the study placebo group. While he suspects the side effects he was experiencing were due to the actual vaccine, he said it was possible that it was a psychological reaction to taking the placebo. He added that his mother “had little reaction” to gunfire received in her clinical trial.

Vaccine side effects are not necessarily a cause for concern, Gawande said. “That’s the immune system that comes on and your antibodies are made against the virus,” he said.

Gawande is part of a team of doctors and health professionals advising Biden during the coronavirus pandemic transition. On Monday, Biden was vaccinated on live television in hopes of encouraging other Americans to be ready to receive the shot. “There’s nothing to worry about. I’m looking forward to the second shot,” said Biden.

Biden said Tuesday that Americans must remain vigilant about the coronavirus over the holidays, even though the vaccine has begun to spread. “Meanwhile, the pandemic rages on. Experts believe it could get worse before it gets better,” he said.

Gawande gave a similar outlook on Wednesday, saying the current high infection rates in the country will lead to more deaths from Covid-19 in the coming weeks and months.

“We have 300,000 deaths. Already the next 100,000 deaths are branded in, with new infections in the last week or so,” said Gawande. “It’s really about whether we can avoid the 500,000 deaths, which is really just terrible to think about.”

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Business

Biden, Calling Covid Reduction Invoice a ‘Down Fee,’ Urges Extra Reduction

“Joe Biden called this a first step, a down payment – we knew we would visit again and we would have a better chance with a Democratic president who does science,” Ms. Pelosi said in an interview, adding added that “we will have the presidential leadership.”

However, discussions about another bailout package will be a first test of Biden’s approach to working with Congress and his optimism about the prospect of bipartisan legislation in a highly polarized era. Barely a month before his inauguration, he still doesn’t know what the balance of power in Congress will look like when he takes office, and the House Democrats will face a significantly smaller majority in 2021.

Even if the Democrats win both runoffs for the Georgian Senate seats on Jan. 5 and gain control of the Chamber, the Senate’s current rules require some support from Republicans to ensure that legislation clears the Chamber. If Republicans hold on to at least one of these seats, Mr Biden will have to contend with a majority in the Republican Senate.

As he pursues another package, he will also face the prospect of finding an elusive compromise on two of the most difficult policy provisions: a direct stream of funding to state and local governments, for which he has repeatedly expressed his support, and a Republican demand for comprehensive liability protection against Covid-related lawsuits for companies, schools and other institutions. After roughly eight months of debate between the two sides, the congressional leaders finally agreed to remove both provisions from the final $ 900 billion deal.

The Republicans on Capitol Hill have begun to tacitly acknowledge Mr. Biden’s public request for a different package. After spending more than $ 3 trillion this year to help the economy and battle families, businesses, and institutions, several Republicans are resistant to yet another major package at the start of 2021.

“If we look at the critical needs now and things improve next year, when the vaccine hits the market and the economy picks up again, you know the need may be less,” said Senator John Thune of South Dakota Republicans No. 2 in the Senate, told reporters last week before the deal hit.

Kentucky Senator Mitch McConnell, the majority leader, has refused to initiate another round of relief despite not ruling out another round of negotiations.

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World News

Joe Biden receives Covid vaccine, encourages public to get inoculated

US President-elect Joe Biden will receive a Covid-19 vaccination from Tabe Masa, nurse and head of health care for employees on December 21, 2020 on the Christiana Care campus in Newark, Delaware.

Alex Edelman | AFP | Getty Images

President-elect Joe Biden received a Covid-19 vaccine on live television Monday afternoon during a demonstration to encourage Americans to get their own footage if they can.

“There’s nothing to worry about. I’m looking forward to the second shot,” said Biden, from a Delaware hospital.

Jill Biden, the arriving first lady, was given a dose of the vaccine earlier in the day. Vice President-elect Sen. Kamala Harris of California and her husband Doug Emhoff will be vaccinated next week.

Biden’s vaccine, given by Tabe Masa, the head of health for staff at ChristianaCare Hospital, comes as officials try to vaccinate Americans across the country in hopes of controlling the rapidly spreading virus.

Covid-19, which killed more than 300,000 people in the U.S., shook the nation in 2020, freezing large swaths of the economy, and changing the traditional process by which candidates for presidency fight.

Biden, more so than his rival, President Donald Trump, was careful to avoid spreading the virus in the course of his bid, largely avoiding major events, and suspending door-to-door campaign activity.

After receiving the vaccine, Biden credited the Trump administration with her work, saying it “deserves some credit for getting this off the ground with Operation Warp Speed”.

The former vice president also encouraged Americans to cancel unnecessary travel plans and wear masks.

“We owe a lot to these people, the scientists and the people who put this together, the frontline workers, the ones who actually did the clinical work. It’s just amazing,” Biden said.

Biden received the first dose of the Pfizer-made vaccine, which was the first to be approved by US regulators. A second vaccine from Moderna was shipped across the country over the weekend. Both require two doses several weeks apart.

Public health officials have announced plans to vaccinate up to 20 million people in the remaining weeks of 2020, but have indicated that it could be months before most people can receive shots.

Biden, one of the first Americans to receive a vaccine, recognized this long period.

“Now Moderna will be on the road too, but it will take time,” said Biden. “It will take time, and in the meantime – I don’t want to hear a sour note here – I hope people listen to all the experts.”

In the past few days, other senior officials have also been publicly vaccinated, including House Speaker Nancy Pelosi, D-Calif., And Vice President Mike Pence.

Trump, who was hospitalized with coronavirus in October, has not yet received a vaccine.

Surgeon General Jerome Adams said Sunday that Trump did not receive the vaccine because he was recently treated with monoclonal antibodies.

“That’s actually a scenario where we tell people, ‘Maybe you should hold back on the vaccination and talk to your doctor about the right time,” Adams said on CBS News.

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