Treasury Secretary Steve Mnuchin and House Financial Services chair Maxine Waters. Photos: Eitan Abramovich; Pete Marovich via Getty Images

The Treasury Department missed a Tuesday deadline to hand over documents to the House Financial Services Committee explaining its decision to ease sanctions on companies owned by Russian oligarch Oleg Deripaska, Politico reports.

The big picture: The Trump administration's decision to drop sanctions on companies owned by Deripaska, an ally of Vladimir Putin and former employer of Paul Manafort, drew bipartisan ire from lawmakers last month. Financial Services chair Maxine Waters spoke to Treasury Secretary Steve Mnuchin Wednesday in an effort to find a "mutually agreeable date" for him to testify before the committee, a Treasury spokesperson told Politico. Mnuchin declined an offer to do so next week, but may face a subpoena if he continues to resist.

Go deeper: Listening for whispers in the court of Putin

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Caitlin Owens, author of Vitals
14 mins ago - Health

The coronavirus is starting to crush some hospitals

Illustration: Aïda Amer/Axios

Some states are seeing dangerous levels of coronavirus hospitalizations, with hospitals warning that they could soon become overwhelmed if no action is taken to slow the spread.

Why it matters: Patients can only receive good care if there's enough care to go around — which is one reason why the death rate was so much higher in the spring, some experts say.

Scoop: The Lincoln Project is becoming a media business

Illustration: Eniola Odetunde/Axios

The Lincoln Project is looking to beef up its media business after the election, sources tell Axios.

Driving the news: The group recently signed with the United Talent Agency (UTA) to help build out Lincoln Media and is weighing offers from different television studios, podcast networks and book publishers.

Trump, Biden strategies revealed in final ad push

Data: Bully Pulpit Interactive; Chart: Danielle Alberti/Axios

President Trump is pouring hundreds of thousands of dollars into Facebook ads on the Supreme Court and conservative judges in the final stretch of his campaign, while Joe Biden is spending over a million on voter mobilization, according to an analysis by Axios using data from Bully Pulpit Interactive.

The big picture: Trump's Facebook ad messaging has fluctuated dramatically in conjunction with the news cycle throughout his campaign, while Biden's messaging has been much more consistent, focusing primarily on health care and the economy.

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