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Biden to release all available COVID-19 vaccine doses to the public

President-elect Joe Biden plans to release all available coronavirus vaccine doses when he takes office, CNN reports.

Why it matters: Releasing all doses would allow more people to get vaccinated with at least one dose. Both the Moderna and the Pfizer-BioNTech require two doses, but studies show that releasing the vaccine onhand instead of withholding it to guarantee second doses is more effective at reducing the number of COVID-19 cases, per CNN.


  • However, the FDA said people need two doses and dismissed the idea that doses be spread out.

What they're saying: "The President-elect believes we must accelerate distribution of the vaccine while continuing to ensure the Americans who need it most get it as soon as possible," TJ Ducklo, a spokesperson for Biden's transition, told CNN.

  • "He supports releasing available doses immediately, and believes the government should stop holding back vaccine supply so we can get more shots in Americans' arms now."
  • "He will share additional details next week on how his Administration will begin releasing available doses when he assumes office on January 20th."

The big picture: The U.S. failed to meet its goal of vaccinating 20 million people by the end of December. As of Friday, 5.9 million people have received at least the initial vaccine dose, per the Centers for Disease Control and Prevention.

  • More than 21.4 million doses have been released to the states, roughly half the number the U.S. has on hand, per the New York Times.
  • Several governors sent a letter to Operation Warp Speed leaders demanding that "reserved doses" be distributed to states in need.

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Pompeo praises Trump's bold initiatives "in nearly every corner of the world" that kept U.S. safe

U.S. Secretary of State Mike Pompeo said during his speech at the Republican National Convention Tuesday evening that he believes President Trump "has led bold initiatives in nearly every corner of the world" that have kept the U.S. safe.

The big picture: Pompeo's decision to deliver his speech from Jerusalem breaks from the precedent of America's top diplomats staying out of partisan battles — which has spurred an investigation for a possible violation of the Hatch Act.

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Why Trump dumped stimulus negotiations

Markets were stunned by President Trump's announcement on Twitter that the White House was pulling out of stimulus discussions with House Democrats on Tuesday — and several Trump advisers even told Axios' Jonathan Swan they were perplexed by the "inept" decision, calling it a "gift" for House Speaker Nancy Pelosi. But it makes sense if you follow the logic of Trump's economic advisers.

Where it stands: Trump has surrounded himself with die-hard acolytes of supply-side economics, like one-time pick for the Federal Reserve Stephen Moore, who argue that fiscal stimulus measures and increased benefits for unemployed Americans not only don't help, but hurt the economy.

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China's foreign ministry is accusing the Trump administration of "major retrogression" on climate

Well that, as Ron Burgundy would say, escalated quickly. China's foreign ministry is accusing the Trump administration of "major retrogression" on climate and being an environmental "troublemaker."

Why it matters: China's unusual statement Monday widens the rupture between the world's largest carbon emitters as global climate efforts are flagging and the pandemic's effect on emissions is too small to be consequential in the long term.

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Democrats seek progressive overhaul of the U.S. financial system

Now in control of Congress, Democrats are looking to give the U.S. financial system a progressive overhaul, incoming Senate Banking Chairman Sherrod Brown said Friday. It will be a tall task.

What we're hearing: "This committee in the past has been about Wall Street," Brown told reporters. "As chair I’m going to make it about workers and their families and what matters to their lives."

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