Far West

Sen. Richard G. Lugar, R-Ind., has joined a growing number of senators pushing for climate-change and energy reform by introducing legislation designed to help utilities taper off their use of coal-fired power plants and spur the development of nuclear power.

WASHINGTON — Municipal market regulatory issues will not be studied for up to two years under changes to the base legislation Senate and House conferees are using to reconcile their competing legislative proposals to overhaul financial regulations.

Transportation stakeholders are concerned that the Obama administration has not released a set of reauthorization principles by the time Transportation Secretary Ray LaHood said it would.

WASHINGTON — A group of Senate Democrats sent a letter yesterday to Sens. John Kerry, D-Mass., and Joseph Lieberman, I-Conn., urging them to add billions of dollars for transportation-related investments to the draft climate and energy bill the two recently unveiled.

ALAMEDA, Calif. — Oregon’s troubles are not over.

WASHINGTON — The federal government should make tribal economic development bonds a permanent tool for Indian tribes and should consider raising or removing the current $2 billion ceiling on the program given the clear demand that exists for the bonds, an advisory committee said in a report sent to the Internal Revenue Service this week.

Several Democratic governors are lobbying to extend through June 2011 the increased federal Medicaid match they have been receiving since the passage of the stimulus last year.

ATLANTA — Dealers are calling for the Municipal Securities Rulemaking Board to revise and clarify several aspects of draft interpretive guidance that outlines the steps they must take to ensure the prices they charge customers when buying and selling municipal securities are fair and reasonable.

ATLANTA — The head of the Internal Revenue Service’s tax-exempt bond office said yesterday that it’s premature for issuers to focus on the number of Build America Bond audits the IRS will conduct because the office is still gathering as much information about BABs as possible and ultimately wants to devote its energies to finding true abuses in the muni market.

As a U.S. Treasury Department bond program intended to help housing finance agencies nears its halfway point, results are lagging behind expectations, Standard & Poor’s warned in a report issued Tuesday.