On Saturday, President Trump took executive action after negotiations over the next iteration of pandemic relief stalled. The President’s action’s, through one Executive Order and three memorandums, would provide a deferment of payroll taxes for most workers, calls for $400 per week in unemployment benefits, would extend moratorium on evictions to the end of the year, and defers student loan payments and interest until the end of the year. The legality of the executive actions is in question and may be determined by the courts, and Congress and the Administration may eventually find agreement on new pandemic relief legislation which addresses these issues.

The Memorandum on Student Loan payment relief may be accessed here. More analysis may be accessed here.