Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Eviction protesters. Photo: Ben Hasty/MediaNews Group/Reading Eagle via Getty Images

The Centers for Disease Control and Prevention plans to issue an order temporarily halting residential evictions until Dec. 31 to prevent the spread of the coronavirus, the White House announced on Tuesday.

Why it matters: One estimate last month found that 23 million Americans are at risk of eviction. The CDC's order marks another example of the administration circumventing Congress, where coronavirus stimulus talks have stalled, to deal with the economic impact of the pandemic.

How it works: In order to get assistance, renters earning less than $99,000 per year must report they are unable to pay their rent or are likely to become homeless if evicted, White House officials said.

  • They must also show that they tried to obtain all government assistance currently available for rent or housing and that they are unable to make payments due to loss of household income, a layoff or extraordinary out-of-pocket medical expenses.

Between the lines: It's unclear how effective the moratorium will be without any extra funding behind the plan.

  • Experts say that failing to compensate landlords who are no longer receiving rent payments could cause a "massive destabilizing effect" in housing markets, according to CNBC.
  • The action may face legal challenges from landlords who have seen rental income decrease from the pandemic, according to Bloomberg.

What they're saying: “President Trump is committed to helping hardworking Americans stay in their homes and combating the spread of the coronavirus,” White House spokesperson Brian Morgenstern said.

  • “Today’s announcement from his administration means that people struggling to pay rent due to coronavirus will not have to worry about being evicted, and risk further spreading of or exposure to the disease due to economic hardship.”

Go deeper

WH coronavirus task force: States must "flatten the curve" to sustain health system

A walk-up Covid-19 testing site in San Fernando, California, on Nov. 24, ahead of the Thanksgiving holiday.

The White House coronavirus task force warned states "the COVID risk to all Americans is at a historic high" and to brace for another surge following Thanksgiving, per a report that emerged Wednesday.

Driving the news: "If you are under 40, you need to assume you became infected during the Thanksgiving period if you gathered beyond your immediate household," said the report, dated Nov. 29, first published by the Center for Public Integrity.

SoCalGas agrees to $1.8 billion settlement for 2015 gas blowout

An evacuee with a Save Porter Ranch sign outside Southern California Gas Company's Aliso Canyon gate in Porter Ranch in January 2016 as the gas leak continued. Photos: Al Seib / Los Angeles Times via Getty Images

Southern California Gas Company and its parent company announced Monday they've agreed to pay up to $1.8 billion in settlement claims over the 2015 Aliso Canyon natural gas storage facility blowout.

Why it matters: Some 100,000 tons of methane, ethane and toxic chemicals poured into the air for 112 days, forcing over 8,000 families to evacuate from their Los Angeles-area homes and sickening thousands of others with headaches, nausea and nosebleeds, per the L.A. Times.

Updated 3 hours ago - World

North Korea fires short-range missile to sea, slams "hostile" U.S. policy

North Korean leader Kim Jong-un. Photo: API/Gamma-Rapho via Getty Images

South Korea's Joint Chiefs of Staff said Tuesday that North Korea's military had fired a short-range missile toward its eastern sea, per AP.

Why it matters: North Korea's ambassador to the United Nations defended the latest launch in remarks to the UN General Assembly, demanding the U.S. and South Korea end their "hostile policy" against the country.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!