CDC Extends Eviction Moratorium, as Regulators Launch Probes

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  • Bloomberg Quicktake: Now published this video item, entitled “CDC Extends Eviction Moratorium, as Regulators Launch Probes” – below is their description.

    The U.S. Center for Disease Control and Prevention extended an eviction moratorium until June this year due to coronavirus, while regulators launched probes into whether renters have been improperly kicked out of their residences.

    CDC Director Dr. Rochelle Walensky signed an order on Monday extending the suspension until June 31, just days before it was set to expire at the end of this month. The move bars landords from evicting tenants who can’t make rental payments amid the pandemic.

    President Biden asked the CDC to extend bans on evictions and foreclosures shortly after his inauguration, in a bid to mitigate the dual economic and health crises spurred by Covid-19, which has left more than half a million Americans dead, and millions more unemployed and deep in debt.

    Following the announcement from the CDC, the acting heads of the Consumer Financial Protection Bureau and the Federal Trade Commission said they had also started investigating “deceptive and unfair” eviction practices, focusing on the actions of multistate landlords, private-equity firms and eviction-management services.

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