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ousing and Urban Development Secretary Ben Carson. Photo: Mark Wilson/Getty Images

The Trump administration aims to get poor Americans "out of the programs and self-sufficient" with proposed new "Opportunity Zones" regulations, Housing and Urban Development Secretary Ben Carson told Fox News' “The Next Revolution with Steve Hilton” in an interview broadcast Sunday.

The big picture: The tax incentive is "designed to drive economic development and create jobs by encouraging long-term investments in economically distressed communities nationwide," according to the Treasury Department. President Trump designated 8,700 neighborhoods as Opportunity Zones last week. The model has yet to be proven out.

How it works: Carson told Hilton the Opportunity Zones initiative was structured so investors wouldn't see the financial benefits of their for 5 years. The longer they invested the money for. "You leave it in for 10 years, you don't have to pay any capital gains on the new money that was gained from the investment."

What he's saying: Hilton asked Carlson how big a typical Opportunity Zone area would be.

"Almost the entire island of Puerto Rico is an opportunity zone, so it varies ... they're chosen by the governors themselves, and the governors do this in consultation with the people in their state."

Go deeper

Scoop: FDA chief called to West Wing

Stephen Hahn. Photo: Mandel Ngan/AFP via Getty Images

White House Chief of Staff Mark Meadows has summoned FDA commissioner Stephen Hahn to the West Wing for a 9:30am meeting Tuesday to explain why he hasn't moved faster to approve the Pfizer coronavirus vaccine, two senior administration officials told Axios.

Why it matters: The meeting is shaping up to be tense, with Hahn using what the White House will likely view as kamikaze language in a preemptive statement to Axios: "Let me be clear — our career scientists have to make the decision and they will take the time that’s needed to make the right call on this important decision."

Scoop: Schumer's regrets

Photo illustration: Eniola Odetunde/Axios. Photo: Mark Wilson/Getty Images   

Chuck Schumer told party donors during recent calls that the death of Ruth Bader Ginsburg and the fact that Cal Cunningham "couldn't keep his zipper up" crushed Democrats' chances of regaining the Senate, sources with direct knowledge of the conversations tell Axios.

Why it matters: Democrats are hoping for a 50-50 split by winning two upcoming special elections in Georgia. But their best chance for an outright Senate majority ended when Cunningham lost in North Carolina and Sen. Susan Collins won in Maine.

Trump's coronavirus adviser Scott Atlas resigns

Photo: Nicholas Kamm/AFP via Getty

Scott Atlas, a controversial member of the White House coronavirus task force, handed in his resignation on Monday, according to three administration officials who discussed Atlas' resignation with Axios.

Why it matters: President Trump brought in Atlas as a counterpoint to NIAID director Anthony Fauci, whose warnings about the pandemic were dismissed by the Trump administration. With Trump now fixated on election fraud conspiracy theories, Atlas' detail comes to a natural end.