Washington DC

The bulk of the first tranches of the $15 billion of IIJA funds will likely be used to figure out where lead lines are located, so states and water systems can determine the scope of the problem.

Issuer fears that ESG regulation will lead to disclosure trouble are overblown, the SEC’s muni office chief said Wednesday.

Governance is the single most important ESG factor in public finance ratings, given the impact of governance structure, Fitch said.

California has received the most, at $9.7 billion, followed by New York. Transportation is the top spending category nationally followed by climate, energy and environment.

Rising construction costs coupled with the Great Resignation means New Orleans is receiving fewer bids on its RFPs, Mayor LaToya Cantrell said.

Affluent, urban communities enjoy a natural edge when it comes to competing with their less-resourced rural peers for the new infrastructure funds.

An MSRB analysis finds that trading volumes have fallen dramatically since the Great Recession, led by a drop in short-term paper, while trading surged at certain times of uncertainty and market dislocation.

Referring to the $105 billion California high-speed rail plan, transportation Secretary Pete Buttigieg said the administration continues “to want that project, as we want any project, to succeed.”

Inflation is "absolutely a problem," Yellen told a Senate panel, adding that the hot labor market illustrates the success of aid packages like the American Rescue Plan.

A third of states lost population in 2021, a trend that is likely to continue and one that will have significant impact on the way in which state finance officials operate in the years to come.

The nomination to the bistate agency comes as the long-stalled project could see its first infusion of federal funds.

Lawmakers and advocates of U.S. tax credits like tax-exempt debt aren't getting many answers from Treasury about an impending global tax regime that diminishes the value of the tax tools.

The development could potentially affect the tax-exempt status of bonds issued for the school, though it will likely be resolved before that happens.

Norman Mineta was a transformative force in transportation policy, capable of building bridges across the political aisle.

The federal government regulates vehicles, while states generally regulate drivers, an unofficial division that creates confusion.

Audit times for municipal bond issuers are on the rise, with the median reaching 164 days in 2020 compared with 147 in 2009.

The legislative clock is ticking as midterm campaigning ramps up, but the lame duck session offers a fresh opportunity.

The MSRB plans to issue a request for comment on its Rule G-14, in addition to publishing a summary of the comments on its request for information on ESG factors.

The West Virginia Democrat has been critical of Biden's goal of a speedy transition to electric vehicles, in part because of China's dominance of the battery market.

Transportation Secretary Pete Buttigieg heard concerns from both sides of the aisle during his latest appearance on Capitol Hill.