President-elect Joe Biden and his team can now officially begin the transition of power. But President Trump's delay cost the new administration 20 days of highly valuable planning time that is essential to pulling off a smooth transition of power across multiple agencies in the vast federal government. Michael Lewis joined Axios Today host Niala Boodhoo for an exclusive interview. Axios Today is a 10-minute, daily news podcast that gets you smarter, faster. Discover more at https://www.axios.com/podcasts/. Learn more about your ad choices. Visit podcastchoices.com/adchoices