1 big thing: 2 scoops of hope | Monday, November 16, 2020
| | | Presented By the American Investment Council | | Axios PM | By Mike Allen ·Nov 16, 2020 | Good afternoon: Today's PM — edited by Justin Green — is 496 words, a 2-minute read. - I hope you'll join Axios' Sara Kehaulani Goo, Courtenay Brown and Erica Pandey tomorrow at 12:30 p.m. ET for "Hard Truths," the second virtual event in our yearlong series on systemic racism. Register here.
| | | 1 big thing: 2 scoops of hope | | | Illustration: Annelise Capossela/Axios | | Warp Speed, indeed: Moderna has joined Pfizer in approaching the vaccine finish line, suggesting there could be two U.S. vaccines in distribution before the New Year. - Moderna said its candidate was 94.5% effective at preventing infection.
- Pfizer's was over 90%.
Why it matters: This is a reason for Americans to buckle down for one last stretch to help save lives. - There are a million new cases nationwide in the past six days alone.
- U.S. deaths are once again over 1,000 a day.
- Hospitals are filling up and health workers are stretched thin.
Now there's hope: The two companies plan to apply for emergency-use authorization later this month, and they could begin to immunize 20 million people as soon as December, reports Axios' Marisa Fernandez. - Health care workers are at the top of the list, followed by essential workers, people with high-risk medical conditions and senior citizens.
- The general public could be offered the vaccine as soon as April, Dr. Anthony Fauci said today.
- "This does not mean that in April, everybody who's going to be wanting a vaccine who's not in the priority group is going to get it. It means starting at that point, you would likely begin to use those," he said.
Between the lines: Moderna's vaccine can be kept in standard freezer storage for up to six months and refrigerators for up to 30 days — unlike Pfizer's candidate, which needs to be stored at ultra-cold temperatures. The bottom line: Governors would ultimately have the final say of how to roll out the vaccine in their states. - New York Gov. Andrew Cuomo (D) this morning: "This vaccination process has not been thought through at all. ... They're now saying we're going to do vaccines and distribution. You start off with a very high level of skepticism among the general population. That's 50% that don't trust the vaccine."
🎧 Axios Re:Cap interviewed Moderna's chief medical officer on its blockbuster vaccine news. Listen here. | | | | 2. Pic du jour | Photo: Joe Raedle/Getty Images President-elect Joe Biden is briefed on the economy today during a virtual meeting with economic advisers at the Queen Theater in Wilmington, Delaware. | | | | A message from the American Investment Council | Private equity is creating opportunity for all Americans | | | | In big cities & small towns, private equity is - Supporting small businesses
- Helping students and teachers
- Strengthening public pensions
Learn more about how private equity drives innovation & opportunity for American workers. | | | 3. Catch up quick | | | Volunteers from a pro-immigration group today built a chain-link cage with about 600 teddy bears, representing children separated from their parents. Photo: Chip Somodevilla/Getty Images | | - Israel's ambassador to Washington said the incoming Biden administration would be making a mistake if it returned to the 2015 nuclear deal with Iran. Go deeper.
- There are now three Senate Republicans opposed to Judy Shelton's confirmation to the Fed, imperiling her nomination. (WashPost)
- Virginia Gov. Ralph Northam came out in support of legalizing recreational marijuana use. Go deeper.
- Hate crime murders hit a record high in 2019, the FBI said. Go deeper.
| | | | 4. Sign of the times: Santa through the plexiglass | Gracelynn Blumenfeld, 8, visits with Santa through a transparent barrier at a Bass Pro Shop in Bridgeport, Conn., last week. Photo: Seth Wenig/AP Mall owners are hosting Santa despite the pandemic, AP reports: - Some malls will use faux gift boxes to block kids from charging toward him.
- Other safety measures include online reservations to cut down on lines.
- Santa's hours are also getting cut to give him a break from crowds.
At The SoNo Collection mall in Norwalk, Connecticut, a round piece of Plexiglas will be placed in front of Santa so it looks like he's inside a snow globe. | | | | A message from the American Investment Council | Supporting small businesses | | | | Private equity provides the capital & expertise to help small businesses across American grow and thrive. In the first half of 2020, PE completed 718 deals with companies < 500 employees. Small business is the backbone of the American economy. | | | Axios thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Axios, 3100 Clarendon Blvd, Suite 1300, Arlington VA 22201 | | You received this email because you signed up for newsletters from Axios. Change your preferences or unsubscribe here. | | Was this email forwarded to you? Sign up now to get Axios in your inbox. | | Follow Axios on social media: | | | |
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