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FDA authorizes Moderna's COVID-19 vaccine for emergency use

The Food and Drug Administration has issued an emergency use authorization (EUA) for Moderna's COVID-19 vaccine, one day after it was endorsed by a panel of independent experts.

Why it matters: The authorization of a second coronavirus vaccine, coming exactly one week after the FDA cleared Pfizer-BioNTech's vaccine for emergency use, marks another milestone on the country’s path to curbing the pandemic and increases access for millions of Americans.


Between the lines: Moderna's vaccine, which the FDA confirmed is safe and has a 94.1% efficacy rate, does not need to be stored at ultracold temperatures and comes in smaller batches, making it easier to distribute to rural areas than Pfizer's vaccine.

What's next: The FDA's decision means that the distribution of roughly 6 million doses of Moderna's vaccine will begin this weekend.

  • The Centers for Disease Control has advised that frontline workers and nursing home patients be the first recipients of available vaccines. Thousands began receiving the first doses of Pfizer's vaccine last week.
  • A CDC committee will decide on Sunday which "priority group" should come next, with "essential workers" like teachers and law enforcement likely to be recommended, according to the New York Times.
  • Governors will then be responsible for determining which people within that group will receive their state's limited supply of vaccines.

The big picture: The authorization of Moderna's vaccine comes one day after a record 3,438 Americans were reported to have died from the virus. It also comes amid confusion and concern after the Trump administration informed state after state that they'll be getting 25%-40% fewer Pfizer vaccine doses next week than they'd been expecting.

What to watch: Operation Warp Speed officials said Johnson & Johnson closed recruitment for its Phase 3 trials — which have enlisted about 44,000 people — on Thursday.

  • The company is expecting results on its one-dose vaccine candidate by early January.

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Pentagon effectively bans Confederate flag from military installations

The Pentagon effectively banned the display of the Confederate flag on military installations, per a memo signed Thursday by Defense Secretary Mark Esper and obtained by the AP.

Why it matters: The move was done in a way meant to largely avoid President Trump's ire by not explicitly banning it. The memo instead listed flags that are allowed to be displayed on military property, leaving out the Confederate flag.

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Trump plans to declare premature victory if he appears "ahead" on election night

President Trump has told confidants he'll declare victory on Tuesday night if it looks like he's "ahead," according to three sources familiar with his private comments.

  • That's even if the Electoral College outcome still hinges on large numbers of uncounted votes in key states like Pennsylvania.
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Job market optimism among Americans hits 21-year high

Data: The Conference Board; Chart: Axios Visuals

American workers are increasingly optimistic about their options.

Why it matters: Employers are scrambling to find workers as demand for goods and services has been booming.

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Top Biden officials excused from ethics rules to work with major corporations

Top Biden officials have been excused from the ethics rules President Biden boasts about so they can do work involving large Wall Street banks, a leading defense contractor and prominent national media outlets, records show.

Driving the news: At least 16 Senate-confirmed officials have received waivers to ethics laws and regulations, according to an Axios review of their federal ethics paperwork.

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