Business & Economy

On The Money: Biden, Pelosi struggle with end of eviction ban | Trump attorney says he will fight release of tax returns

Happy Monday and welcome back to On The Money. I’m Sylvan Lane, and here’s your nightly guide to everything affecting your bills, bank account and bottom line.

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THE BIG DEAL—Biden, Pelosi struggle with end of eviction ban: President Biden and congressional Democrats are locked in a stalemate over who bears responsibility for extending the pandemic-related federal eviction ban that lapsed Sunday. 

Millions of Americans are facing homelessness after a push to extend the Centers for Disease Control and Prevention’s (CDC) eviction ban collapsed Friday in a mess of Democratic finger-pointing. 

“The CDC director and her team have been unable to find legal authority, even for a more targeted eviction moratorium, that would focus just on counties with higher rates of COVID spread,” said Gene Sperling, Biden’s economic recovery czar, during a White House briefing Monday.

The background: On June 29, the Supreme Court narrowly upheld the ban, but warned that another extension of it would likely get struck down without clear and specific justification from Congress. In the month since that warning, neither the White House nor Congress took action to bolster the CDC’s eviction ban, even as the delta variant of COVID-19 caused cases to skyrocket, until Biden urged lawmakers Thursday to extend the moratorium two days before it expired.

“It really didn’t need to be a mad scramble the way that it has been in Congress,” said Lindsay Wiley, a law professor and director of the health law and policy program at American University.

I explain more here.

LEADING THE DAY

Trump attorney says he will fight release of tax returns: An attorney for former President Trump says he will fight to block the release of his tax returns days after the Department of Justice ordered them turned over to the Democratic-led House Ways and Means Committee.

“There is no evidence of any wrongdoing here and I object to the release of the returns not only on behalf of my client but on behalf of all future holders of the office of the president of the United States,” Ronald Fischetti, a lawyer for Trump, told The Wall Street Journal.

In case you missed it: In a memo from the Justice Department’s Office of Legal Counsel, acting Assistant Attorney General Dawn Johnsen on Friday said the Treasury Department is required to defer to the congressional committee.

If the panel receives Trump’s tax returns, it can examine the documents in a closed session. It could then vote to release a report to the full House, making some or all of the documents public.

The Hill’s Rebecca Beitsch has more here.

McConnell warns Democrats against ‘artificial timeline’ for infrastructure deal: Senate Minority Leader Mitch McConnell (R-Ky.) sent a warning shot on Monday over the bipartisan infrastructure deal, saying that Democrats shouldn’t create an “artificial timeline” and that Republicans want to offer potential changes.

McConnell, speaking from the Senate floor, called the roughly $1 trillion bipartisan deal a “good and important jumping-off point” but that it shouldn’t be the Senate’s “last word.”

“Senators on both sides expect and deserve opportunities to have a say and put their own state’s imprints on this major bill,” he added.

The context: McConnell’s comments come after the bipartisan group finalized its bill on Sunday night. The bill is substantially smaller than President Biden’s plan, but includes funds for things like roads, bridges, transit, water and broadband.

The Hill’s Jordain Carney has the latest here.

Read more on the push for an infrastructure bill: 

GOOD TO KNOW:

ODDS AND ENDS