May 17, 2019

Mnuchin rejects subpoena for Trump's tax returns

Steven Mnuchin. Photo: Anna Moneymaker/Getty Images

Treasury Secretary Steven Mnuchin rejected a subpoena on Friday from House Democrats demanding President Trump's personal and business tax returns from 2013 to 2018, action that will likely result in a federal court battle, the Washington Post reports.

Details: Mnuchin argued the House Ways and Means Committee’s demand “lacks a legitimate legislative purpose," claiming he did not have authorization to give up the returns. Rep. Bill Pascrell (D-N.J.), a member of the House Ways and Means Committee, indicated that Mnuchin could be subject to fines, a contempt vote or jail time, per the Post.

The backdrop: Last week, House Ways and Means chair Richard E. Neal (D-Mass.) issued subpoenas giving Mnuchin and IRS Commissioner Charles Rettig until 5 pm Friday to provide the financial records.

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Serological coronavirus testing could be key to economic reopening

Illustration: Sarah Grillo/Axios

America's economy won't reopen anytime soon, despite frantic CEO whispers, but a glimmer of hope may be emerging in the form of serological testing.

Why it matters: Serologic tests aren't to determine whether or not you're infected with coronavirus. They are to determine if you have potential immunity that could allow you to safely return to work.

Government tech struggles to dole out coronavirus stimulus cash

Illustration: Eniola Odetunde/Axios

Tech challenges are hampering federal and state government efforts to get funds from the $2 trillion coronavirus relief law into the hands of newly unemployed workers and struggling small businesses who need it.

Why it matters: Many businesses and individuals need the money now for essentials, including meeting payroll and paying rent.

U.S. coronavirus updates: Death toll passes 9,600

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

Recorded deaths from the novel coronavirus surpassed 9,600 in the U.S. on Monday, per Johns Hopkins data. More than 1,000 people in the U.S. have died of coronavirus-related conditions each day since April 1.

Why it matters: U.S. Surgeon General Jerome Adams said on Sunday the coming week will be "the hardest and saddest week of most Americans' lives" — calling it our "our Pearl Harbor, our 9/11 moment."

Go deeperArrowUpdated 3 hours ago - Health