Photo: Mario Tama/Getty Images

Speaker Nancy Pelosi announced Thursday the creation of a new House committee addressing the coronavirus crisis, led by House Majority Whip Jim Clyburn (D-S.C.).

The big picture: Pelosi said that the new committee would oversee "all aspects" of the federal response to the pandemic, including the $2 trillion stimulus bill. She specifically cited the Truman Committee, formed in 1941 to address inefficiencies and profiteering during World War II, as a guide.

  • Pelosi specifically said that the committee would have subpoena power, granting it significant oversight capability against the Trump administration.
  • One of Pelosi's biggest fights during stimulus negotiations was oversight language for the $500 billion fund designed to help impacted industries.

Between the lines, via Axios' Alayna Treene: A lot of lawmakers have raised concerns about the implementation of the massive stimulus, given the overwhelming demand for loans.

  • This committee will help address these concerns — and coordinate aid efforts between federal agencies.
  • It'll also serve as a check on the government to ensure federal funds aren't being abused.

This story is developing. Please check back for updates.

Go deeper

Deadly storm Zeta pummels parts of Alabama and Florida

A satellite image of Hurricane Zeta. Photo: National Hurricane Center/NOAA

Former Hurricane Zeta has killed at least one person after a downed power line electrocuted a 55-year-old in Louisiana as the storm's powerful winds and heavy rainfall moved into Alabama overnight.

What's happening: After "battering southeastern Louisiana and southern Mississippi," Zeta weakened to a tropical storm over central Alabama early on Thursday, per the National Hurricane Center.

Taiwan reaches a record 200 days with no local coronavirus cases

Catholics go through containment protocols including body-temperature measurement and hands-sanitisation before entering the Saint Christopher Parish Church, Taipei City, Taiwan, in July. Photo: Ceng Shou Yi/NurPhoto via Getty Images

Taiwan on Thursday marked no locally transmitted coronavirus cases for 200 days, as the island of 23 million people's total number of infections reported stands at 550 and the COVID-19 death toll at seven.

Why it matters: Nowhere else in the world has reached such a milestone. While COVID-19 cases surge across the U.S. and Europe, Taiwan's last locally transmitted case was on April 12. Experts credit tightly regulated travel, early border closure, "rigorous contact tracing, technology-enforced quarantine and universal mask wearing," along with the island state's previous experience with the SARS virus, per Bloomberg.

Go deeper: As Taiwan's profile rises, so does risk of conflict with China

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Biden ahead in Wisconsin, Michigan as cases surge in the Midwest.
  2. Health: Fauci says U.S. may not return to normal until 2022 — Trump's testing czar: Surge "is real" and not just caused by more tests Some coronavirus survivors have "autoantibodies."
  3. Business: Consumer confidence sinking Testing is a windfall.
  4. World: Europe faces "stronger and deadlier" wave France imposes lockdown Germany to close bars and restaurants for a month.
  5. Sports: Boston Marathon delayed MLB to investigate Dodgers player who joined celebration after positive COVID test.

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