Overnight Finance

On The Money: Federal judge rejects effort to block eviction moratorium | Moderates revolt on infrastructure in new challenge for Pelosi | Consumer confidence plunges in August

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THE BIG DEAL—Federal judge rejects effort to block eviction moratorium: A federal judge in Washington, D.C., on Friday rejected a request from a group of landlords to block the Biden administration’s renewed eviction moratorium.

  • The ruling by U.S. District Judge Dabney Friedrich, a Trump appointee, leaves intact the Centers for Disease Control and Prevention’s (CDC) extended freeze on evictions, which is set to run until early October.
  • The development comes after Friedrich ruled in May that a previous version of the CDC’s eviction suspension was an illegal exercise of the agency’s authority, though she agreed at that time to delay enforcement of her decision, citing the risk to public health if evictions were allowed to proceed.

“It is true that the Supreme Court’s recent decision in this case strongly suggests that the CDC is unlikely to succeed on the merits,” Friedrich wrote later in her opinion. “But the [District] Court’s hands are tied. The Supreme Court did not issue a controlling opinion in this case.”

The Hill’s John Kruzel explains here.

What comes next: An attorney for the challengers, led by the Alabama Association of Realtors, did not immediately respond to a request for comment. But the opponents of the ban are likely to appeal the decision, potentially in an emergency application to the Supreme Court, which will bring the ban in danger again.

“The Administration believes that CDC’s new moratorium is a proper use of its lawful authority to protect the public health. We are pleased that the district court left the moratorium in place, though we are aware that further proceedings in this case are likely,” White House press secretary Jen Psaki said in a statement.

 

LEADING THE DAY

Moderates revolt on infrastructure in new challenge for Pelosi: The Democrats’ strategy for enacting President Biden’s agenda hit a major snag Friday when nine House moderates bucked party leaders with threats of tanking a $3.5 trillion budget bill unless they can vote first on the Senate’s $1 trillion bipartisan infrastructure deal.

The ultimatum flips leadership’s preferred sequence on its head, and it presents a blunt challenge to Speaker Nancy Pelosi (D-Calif.), who has laid out carefully choreographed plans to withhold a House vote on the bipartisan bill until the Senate passes a second, larger package of health, climate and safety net benefits later this year.

  • The notion of linking the two bills reflects the demand of House progressives, who simply don’t trust their moderate colleagues — particularly those in the Senate — to support the “family” benefits package if the more popular funding for physical infrastructure has already become law.
  • The budget resolution, which lays the groundwork for the larger reconciliation package, has already passed the Senate and is scheduled for a House vote the week of Aug. 23.

The Hill’s Mike Lillis has more on the state of play here.

 

GOOD TO KNOW

  • The number of job openings posted on Indeed that required potential applicants to be vaccinated nearly doubled between the first weeks of July and August, according to research released Thursday by the company.
  • The chairman and ranking Republican on the Senate Foreign Relations Committee asked Treasury Secretary Janet Yellen to investigate if the owners of meatpacker JBS SA used proceeds from a bribery scheme to expand its US operations.
  • U.S. Census Bureau data released this week revealed that LGBTQ Americans have reported larger rates of economic and food insecurity amid the coronavirus pandemic than Americans who do not identify as members of the community.
  • Millions of households received their second monthly payment of the expanded child tax credit this week, with the Treasury Department saying Friday $15.4 billion was disbursed.
  • Consumer confidence plummeted in the first half of the month as rising cases of COVID-19 driven by the delta variant threw a wrench in the reopening of the U.S. economy.

 

ODDS AND ENDS

  • A bipartisan group of senators sent a letter to Amazon Friday raising questions about its collection of biometric data.
  • A bipartisan group of House lawmakers introduced a bill Friday aimed at increasing competition in the app market.
Tags Janet Yellen Jen Psaki Joe Biden Nancy Pelosi

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