House Majority Whip Jim Clyburn (D-S.C.) said on CNN's "State of the Union" Sunday that the coronavirus committee created by Nancy Pelosi (D-Calif.) will oversee how the $2 trillion stimulus bill is distributed during the pandemic, not the federal government's initial response to the virus.

What he's saying: "This is not about the president of the United States or even the independent counsel or the inspector general. This is about focusing on how the money is spent, whether or not the people who are getting the money are actually working on behalf of the American people, or whether or not they are profiteering."

  • The committee will not "be looking back on what the president may or may not have done back before this crisis hit."
  • "The governor of New York recently said that masks that he was spending 70 cents for, he's now having to spend $7 for," Clyburn said. "Is that price gouging? I think it is, and that's what this committee is all about."

What they're saying: House Minority Leader Kevin McCarthy (R-Calif.) called the committee "redundant" and said he's concerned that Clyburn will be heading it, CNN reports.

Between the lines: The $2 trillion stimulus bill passed by Congress in March includes three oversight mechanisms to see how $500 billion for business loans is spent.

  • Pelosi said that the committee will have subpoena power, giving it significant oversight powers over the federal government.

Go deeper: Biden says he'll follow CDC mask guidance

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Updated 5 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9:45 p.m. ET: 19,282,972 — Total deaths: 718,851 — Total recoveries — 11,671,491Map.
  2. U.S.: Total confirmed cases as of 9:45 p.m. ET: 4,937,441 — Total deaths: 161,248 — Total recoveries: 1,623,870 — Total tests: 60,415,558Map.
  3. Politics: Trump says he's prepared to sign executive orders on coronavirus aid.
  4. Education: Cuomo says all New York schools can reopen for in-person learning.
  5. Public health: Surgeon general urges flu shots to prevent "double whammy" with coronavirus — Massachusetts pauses reopening after uptick in coronavirus cases.
  6. World: Africa records over 1 million coronavirus cases — Gates Foundation puts $150 million behind coronavirus vaccine production.

Warren and Clinton to speak on same night of Democratic convention

(Photos: Abdulhamid Hosbas/Anadolu Agency via Getty Images, Sean Rayford/Getty Images)

Sen. Elizabeth Warren and Hillary Clinton both are slated to speak on the Wednesday of the Democratic convention — Aug. 19 — four sources familiar with the planning told Axios.

Why it matters: That's the same night Joe Biden's running mate (to be revealed next week) will address the nation. Clinton and Warren represent two of the most influential wise-women of Democratic politics with the potential to turn out millions of establishment and progressive voters in November.

Trump considering order on pre-existing condition protections, which already exist

Photo: Jim Watson/AFP via Getty Images

President Trump announced on Friday he will pursue an executive order requiring insurance companies to cover pre-existing conditions, something that is already law.

Why it matters: The Affordable Care Act already requires insurers to cover pre-existing conditions. The Trump administration is currently arguing in a case before the Supreme Court to strike down that very law — including its pre-existing condition protections.