Washington DC

Nearly $29 billion of the $30 billion cap has been allocated, said Morteza Farajian, director of the Department of Transportation's Build America Bureau.

Pausing federal funding creates another hardship for municipalities who are also reeling from infrastructure grants being clawed back by the U.S. Department of Transportation.

At The Bond Buyer's infrastructure conference, panelists speculate about the reliability of federal funds under the current administration.

Republicans established the fund to ease pressure on rural providers facing Medicaid and ACA insurance cuts.

How Congress and the Trump administration navigate the next several months carries implications for municipal issuers and investors.

An SEC investigation "is not a litigation," said Kathleen Marcus, a partner at Stradling Yocca Carlson & Rauth.

Advocates have floated similar measures repeatedly over the course of several administrations with no luck.

The administration wants the project "to be a model of how to build quickly and cost effectively," Transportation Secretary Sean Duffy said.

All of fiscal 2025 was funded under continuing appropriations instead of the traditional appropriations process.

A congressional budget impasse is leading toward a stopgap funding measure via a continuing resolution which could solve a budget shortage in the District of Columbia.

The House oversight subcommittee hearing was titled "Virtue Signaling vs. Vital Services."

Bond attorneys are eyeballing the possibility of attaching a tax title to the surface transportation reauthorization that could include issues of great interest to the municipal bond community as the appropriations process remains stuck in first gear.

Infrastructure like vertiports may be financed with municipal bonds.

The medal recognizes distinguished service in public finance overall.

With an insolvent Highway Trust Fund, toll revenue and PABs are increasingly important for transportation financing, lobbyists said.

Changes in how Low-Income Housing Tax Credits are awarded has bond attorneys searching for answers in government offices that have been hollowed out through layoffs and retirements.

A mix of broader market dynamics and Chicago-specific pressures is driving the widening spreads, investors said.

Several major cities are staring down budget deficits and credit downgrades as the effects of inflation and OBBBA trickles down while relationships with their states adds complexity.

The Trump administration's immigration policies are "undermining the country's ability to build infrastructure and construction programs," the Associated General Contractors of America said.

The bill enjoys the support of local government and public utility groups.