The daily business briefing: August 27, 2021

Supreme Court blocks Biden administration eviction ban, Education Department forgives $1.1 billion in student loans, and more

Eviction protest
(Image credit: ED JONES/AFP via Getty Images)

1. Supreme Court blocks Biden administration's latest eviction ban

The Supreme Court on Thursday blocked the Biden administration's extension of the eviction moratorium imposed by the Centers for Disease Control and Prevention to keep people from losing their homes during the coronavirus crisis. The court's six-member conservative majority said Congress would have to improve the policy for it to continue. "Congress was on notice that a further extension would almost surely require new legislation, yet it failed to act," the court wrote in an unsigned, eight-page opinion. The court's three liberal justices dissented. The majority said the CDC's moratorium was based on a statute letting it "implement measures like fumigation and pest extermination," but it "strains credulity" to suggest it has the "sweeping authority" necessary to ban evictions nationwide.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us
Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.