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The next bookstore battle: A steady stream of Biden book deals

The cash value of President-elect Biden's normality will be tested next year with a bookstore battle among Washington journalists who are competing to capture 46's backstory, inside skinny and cast of characters.

What's new: Axios has learned that Ben Schreckinger, a long-form writer who works the "Biden Inc." beat at Politico, has signed a deal with prestige publisher Twelve to write a Biden family book aimed for the second half of 2021.


  • "Schreck" aims to bring encyclopedic knowledge to the family saga — highs and lows, tragedy and heartbreak, and largely unexamined things they've been up to behind the scenes, with an emphasis on business interests.

The Atlantic's Frank Foer tweeted that he'll write a book for Penguin Press on Biden's first 100 days of wrestling "with seemingly every known crisis," as first reported by Politico Playbook.

  • WashPost book critic Carlos Lozada, who chronicled shelves full of Trump books, quipped: "Nothing feels like turning the page on the Trump presidency quite like seeing book deals about the Biden administration."

Already out: The New Yorker's Evan Osnos beat the rush with a stocking stuffer that dropped Oct. 27, "Joe Biden: The Life, the Run, and What Matters Now."

What's next: A couple of other hot Biden projects will be unveiled soon.

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U.S. federal deficit soars to record $3.1 trillion in 2020

The U.S. budget deficit hit a record $3.1 trillion in the 2020 fiscal year, according to data released Friday by the Treasury Department.

Why it matters: The deficit — which measures the gap between what the government spends and what it brings in through taxes and other revenue streams — illustrates the massive impact the coronavirus pandemic has had on the economy.

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The race to finish the Census count

With less than three weeks to go before the 2020 U.S. Census ends, cities are anxiously nudging residents to stand up and be counted, but they're bumping up against a tightened deadline, pandemic complications and general confusion.

Why it matters: The once-a-decade count determines how $1.5 trillion in federal funding gets allocated to states, counties and cities to support essential services including public education and public health. It also determines congressional districts and provides the most detailed view of how U.S. demographics are changing.

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Scoop: Biden considering Lisa Cook for open Fed seat

President Biden is considering nominating Lisa Cook, an economist at Michigan State University, to fill an open seat on the Federal Reserve Board, people familiar with the matter tell Axios.

Why it matters: The appointment would be historic, since Cook would be the first Black woman to join the Fed. It also would reveal the new president's preferences for monetary policy and how he may reconstitute the Fed, including the chairmanship.

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