Washington DC

He starts next month a the new president and CEO of the Utah Housing Corp.

Gretchen Sierra Zorita will serve as deputy director for Puerto Rico and the Territories in the White House Office of Intergovernmental Affairs.

Instead of trying to spend more within traditional programs, the federal government should design more modern policy, Brookings experts said.

Municipal bonds, issued by state and local governments, finance infrastructure investment and should be the foundation of any modernization package.

OMB Acting Director Shalandra Young described the summary as “the administration’s proposal for topline FY 2022 discretionary funding.”

Illinois is among the states that critics say have downplayed their unfunded long-term debts and should be forced by new GASB rules to become more transparent.

If an infrastructure bill does go through a partisan route, municipal bonds’ future could be very fluid.

The administrative shuffle also means that Edward Killen, who had been promoted to Acting Commissioner of TEGE, will return to the role of deputy.

These so-called American Renewal Bonds would help finance a national infrastructure initiative until the economy sufficiently recovers from the pandemic.

The EPA would be responsible for administering the new grant program, should it become reality.

America simply cannot compete globally, especially with China, without an infrastructure-driven advanced manufacturing and inventive base.

Over the weekend, prominent senators criticized President Biden's infrastructure plan, with some more moderate senators' votes hanging in the balance.

Monday’s announcement came at the halfway mark of fiscal 2021 after only one other priority -- arbitrage violations -- had been announced since the Oct. 1 start of the federal fiscal year.

Recent one-time funds from the American Rescue Plan Act and higher-than-projected revenues for many states are in many cases being put into infrastructure.

The current prohibition against tax-exempt advance refunding was used as a minor pay-for in the GOP’s Tax Cuts and Jobs Act that cut personal and corporate tax rates.

Municipal bond provisions were not mentioned, but stakeholders expect those details to be hashed out in what is likely to be a protracted battle in Congress.

Merritt Research Services highlights "unsung disclosure heroes" while reporting little change in most issuers' sluggish pace at releasing audited financials.

The bill comes days before the Biden administration will reveal its infrastructure plan. Sources have said municipal bond provisions are likely to be included in an infrastructure package.

The National Federation of Municipal Analysts said its white paper is a disclosure template for future events such as large-scale tropical storms and wildfires.

The Securities and Exchange Commission previously charged one of the seven, an unregistered investment adviser, with similar allegations.