Kyle Glazier

The Senate Banking Committee will meet Thursday to vote on whether to recommend the Senate confirm two nominees to the Securities and Exchange Commission.

A Virginia circuit court is preparing to reconsider Fluvanna County's lawsuit against financial advisor Davenport & Co., after the state supreme court rejected the firm's motion for a rehearing of the state Supreme Court's decision to reverse a ruling that had favored it.

The Financial Industry Regulatory Authority fined four firms $106,000 and fined and suspended an individual for municipal securities rule violations.

Retail sales climbed 0.4% to $422.8 billion in June after rising a revised 0.5% in May, originally reported as a 0.6% increase, the Commerce Department reported Monday.

Municipal market participants say two Securities and Exchange Commission nominees, near toward confirmation, could influence both rulemaking and enforcement actions.

A bipartisan, bicameral foursome reintroduced legislation that would authorize $50 billion of tax-credit bonds over six years.

Virginia is continuing its push to be the leading public-private partnership state, opening a bustling travel corridor to private sector involvement a day after a major infrastructure firm announced it has moved its U.S. headquarters to the commonwealth.

The Senate voted a unanimous 100-0 Thursday to confirm Charlotte, N.C., Mayor Anthony Foxx as the new U.S. Secretary of Transportation.

Personal income rose $69.4 billion or 0.5% in May following a revised 0.1% increase in April, the Commerce Department reported Thursday.

Public-private partnership, a financing model that has started to spread across the U.S., may face some challenges as Congress debates limits on the federal role in infrastructure, according to Simon Santiago, leader of Nossaman LLP's east coast infrastructure practice.

Real gross domestic product increased at an annual rate of 1.8% in the first quarter of 2013, according to the final estimate released by the Commerce Department Wednesday.

The American Road and Transportation Builders Alliance will focus on a potentially trend-setting challenge to a prominent Virginia public-private partnership at the group's annual conference July 24-26.

Sales of new single-family houses rose 2.1% to a seasonally adjusted annual rate of 476,000 in May, the Commerce Department reported Tuesday.

New orders for manufactured durable goods rose $8 billion or 3.6% to $231 billion in May, the Commerce Department reported Tuesday.

A Washington, D.C. PACE green energy program completed its first financing, the District Department of the Environment announced.

Australian infrastructure giant Transurban will concede the 8.8-mile Pocahontas Parkway toll road in southeast Virginia back to its lenders because the road failed to live up to its revenue projections.

The sentencing dates of more convicted municipal bond bid-riggers have been pushed back, according to documents filed with the U.S. district Courts for the Southern District of New York and Western District of North Carolina, as prosecutors seek stiffer penalties for price-fixing of investment contracts.

Elaine Greenberg, chief of the Securities and Exchange Commission's Municipal Securities and Public Pensions Enforcement Unit, will step down at the end of July.

Municipalities throughout Virginia will receive a share of nearly $155 million in state funds to help with infrastructure projects, Gov. Bob McDonnell announced Friday.

The Senate Banking Committee will hold a hearing June 27 to consider two nominees to the Securities and Exchange Commission.