Treasury Secretary Steven Mnuchin. Photo: Drew Angerer/Getty Images

Social Security recipients who typically don't file tax returns will automatically receive their coronavirus stimulus payment, the Treasury Department said on Wednesday, reversing its original statement.

Why it matters: The Internal Revenue Service issued guidance Monday that Americans "who typically do not file a tax return will need to file a simple tax return" to access the funds, prompting criticism from both Democratic and Republican lawmakers.

Driving the news: Lawmakers including Sens. Maggie Hassan (D-N.H.) and Sherrod Brown (D-Ohio) expressed concern in a letter to the IRS and Treasury earlier Wednesday that such a move would "place a significant burden on retired seniors and individuals who experience disabilities."

  • Sen. Josh Hawley (R-Mo.) tweeted Wednesday it was "ridiculous" the IRS issued guidance saying seniors had to file taxes.

In a reversal, the Treasury Department announced Wednesday:

"Social Security recipients who are not typically required to file a tax return do not need to take an action, and will receive their payment directly to their bank account."

Go deeper: How the coronavirus stimulus bill helps you

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 20,739,537 — Total deaths: 751,910— Total recoveries: 12,895,242Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 5,242,184 — Total deaths: 166,971 — Total recoveries: 1,755,225 — Total tests: 64,612,034Map.
  3. Politics: House Democrats to investigate scientist leading "Operation Warp Speed" vaccine projectMcConnell announces Senate will not hold votes until Sept. 8 unless stimulus deal is reached.
  4. 2020: Biden calls for 3-month national mask mandateBiden and Harris to receive coronavirus briefings 4 times a week.
  5. States: Georgia Gov. Brian Kemp to drop lawsuit over Atlanta's mask mandate.
  6. Business: Why the CARES Act makes 2020 the best year for companies to lose money.
  7. Public health: Fauci's guidance on pre-vaccine coronavirus treatments Cases are falling, but don't get too comfortable.

Fauci's guidance on pre-vaccine coronavirus treatments

Illustration: Aïda Amer/Axios

Antibody drugs and various medicine cocktails against the coronavirus are progressing and may provide some relief before vaccines.

The big picture: Everyone wants to know how and when they can return to "normal" life, as vaccines are not expected to be ready for most Americans for at least a year. Two therapies are known to be helpful, and more could be announced by late September, NIAID Director Anthony Fauci tells Axios.

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Behind the scenes: How the Israel-UAE deal came together

Trump, Kushner and Netanyahu (L-R). Photo: Kobi Gideon/GPO via Getty

The breakthrough in talks between the U.S., Israel and UAE on a normalization deal came two months ago, White House officials tell me.

Behind the scenes: Talks had been ongoing for more than a year, but they gained new urgency ahead of Israeli Prime Minister Benjamin Netanyahu's July 1 deadline to move ahead on West Bank annexations.