Apr 5, 2020 - Politics & Policy

Clyburn says House coronavirus committee won't investigate Trump

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

Go deeper

Updated 7 hours ago - Health

U.S. coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios. This graphic includes "probable deaths" that New York City began reporting on April 14.

Florida reported on Wednesday its largest number of new novel coronavirus cases in a single day since April 17. 1,317 people tested positive to take the state total to 58,764, per the state's health department. Despite the rise, Florida Gov. Ron DeSantis said bars and clubs could reopen on Friday.

By the numbers: More than 107,000 Americans have died of the coronavirus and over 1.8 million people have tested positive, per data from Johns Hopkins. More than 479,000 Americans have recovered and over 18 million tests have been conducted.

17 hours ago - Health

World Health Organization resumes hydroxychloroquine trial

WHO director-general Tedros Adhanom Ghebreyesus. Photo: Fabrice Coffrini/AFP via Getty Images

The World Health Organization will resume its hydroxychloroquine trial after its safety committee found "there are no reasons to modify the trial protocol," WHO's director-general Tedros Adhanom Ghebreyesus said at a press briefing Wednesday.

The big picture: The organization temporarily suspended its trial for the antimalarial drug last week after an analysis published in The Lancet showed coronavirus patients who took hydroxychloroquine or its related drug chloroquine were more likely to die or develop an irregular heart rhythm.

Jun 3, 2020 - Health

Private equity benefits from HHS loans meant to help health care providers during pandemic

Illustration: Lazaro Gamio/Axios

Private equity companies have borrowed at least $1.5 billion from the federal government through programs intended to provide emergency funding to struggling health care companies during the coronavirus pandemic, Bloomberg reports.

Between the lines: Some of the hospitals, clinics and treatment centers benefiting from the Medicare loans — which could plausibly end up being forgiven — are owned by the richest investment firms.