Infrastructure

Citibank, which holds the government funds, said it froze the money following a request from the FBI.

The Department of Transportation is signaling moves away from Biden-era infrastructure spending tied to environmental concerns and heading back to more formula funding, which is welcome news for transportation heads.

Alaska, California, Hawaii, Washington, Louisiana and New York have the worst-performing, least cost-effective roads and bridges, according to Reason Foundation's latest report.

A new report identifies reforms to speed up the regulatory process and reduce costs for infrastructure projects in California.

The U.S. Department of Transportation is signaling a change in infrastructure emphasis by pressing the District of Columbia to address safety issues on the city's streets while also pushing Amtrak and WMATA to boost security and curtail fare evasion.

Ordinances pending before the city council would authorize up to $325 million of interim financing that would be refunded with fixed-rate, 30-year bonds.

The House Committee on Transportation and Infrastructure is in the early stages of hammering out a surface transportation bill designed to prop up the Highway Trust Fund while House Ways and Means tinkers with a tax deal.

The planned fiscal 2026 increase in bonding is expected to continue for several years.

The MTA took a victory lap on congestion pricing, presenting new data and rebuking the "existential threat" from the White House. 

The number of transportation issues surged to 529 last year from 405 in 2023, according to LSEG data.