Washington DC

The Municipal Securities Rulemaking Board is seeking comment on environmental, social and governance factors practices in the municipal securities market.

The measure would allow issuers to tap unused pandemic aid for transportation, infrastructure and disaster aid relief.

States could be forced to return stimulus aid if the Treasury Department finds the funds were used to offset tax cuts.

Following the news that Rebecca Olsen, former director of the Office of Municipal Securities has moved to deputy chief in place of Mark Zehner, the Securities and Exchange Commission has named Ernesto Lanza as acting director.

Mark Zehner has retired from his position as deputy chief of the SEC's public finance abuse unit, a position that Rebecca Olsen, former director of the Office of Municipal Securities, has taken over.

With the ink drying on the new Infrastructure Investment and Jobs Act, eyes now turn to the implementation of one of the largest infrastructure programs in American history.

Analysts project a positive outlook for toll roads in 2022, expecting median tolled traffic and revenue growth at 2% and 4%, respectively.

Even short government shutdowns create uncertainty and risks for city leaders.

A U.S. Department of Labor action has halted all federal grant funding to California transit agencies, in a rerun of a 2013 dispute.

Muni advocates say they want a lawmaker with local government experience to take over as influential chair of the House Committee on Transportation and Infrastructure.

States, on the front lines of implementing the new $1.1 trillion infrastructure program, want clear, flexible federal rules and the ability to tap private investment.

Rising rates and rising inflation are key concerns for municipal bond buyers.

The Internal Revenue Service has issued a preliminary determination that bonds issued by the City of Corpus Christi, Texas, may be retroactively taxable.

The refinancing will add $80.5 million to the original 2017 federal loan for the project, bringing the total to $606.7 million.

The change of plea hearing is set for Thursday in a federal court in Mississippi.

The Build Back Better Act contains provisions that could help states finance additional affordable homes.

The House is expected to introduce another temporary government funding bill this week before turning to the debt ceiling issue.

The Securities and Exchange Commission has charged an Illinois-based broker with defrauding three investors out of $800,000 by luring them into investing in nonexistent tax-exempt bonds.

If enacted, Build Back Better would promote economic growth and likely have a limited impact on inflation, ratings agencies say.

The Securities and Exchange Commission has obtained a final judgment against John Paulsen, a broker-dealer charged with aiding and abetting a pay-to-play scheme with the New York State Common Retirement Fund.