Washington DC

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

All of fiscal 2025 will be funded under a continuing resolution instead of the traditional appropriations package.

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.

The Tax Policy Center examined which cities and states would be the most affected if Congress eliminates the tax exemption.

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.

The U.S. Congress is considering eliminating the federal tax exemption for municipal bonds, the single most important financing tool for cities and towns across America. If they do, the cost of building and maintaining infrastructure — roads, bridges, schools, water systems, and even broadband networks — will skyrocket.

SEC probe relating to a cyberattack on a Michigan township's bond sale could involve looking into whether investors are getting an accurate picture of the issuer's credit risk, a former SEC enforcement attorney said.

The new continuing resolution passed in the House omits key language that allows Washington to implement its approved budget, which is threatening to cancel planned capital projects.

Court challenges to self-regulatory organizations may have the potential to trigger a financial crisis, a law professor warns.

The government funding measure now heads to the Senate where it needs Democratic support to pass.

The BDA met last week ahead of the House Ways and Means launching talks on what the reconciliation tax package may include.

Muni advocates are stepping up pressure on Congress to take the elimination of municipal bond tax exemption off the menu by exploring alternatives and providing numbers showing how short term gains will become long term losses.

In 2017, the BDA hired a lobbying firm as Congress wrote a tax reform bill. This time, the group opted for a strategic communications firm.

A united Republican vote for the continuing resolution could indicate the GOP's ability to gather support for the more complex reconciliation bill.

Moody's Ratings has placed Washington D.C.'s credit rating on review for a possible downgrade for all debt classes due to the Trump administration's cuts to the federal workforce.

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.

The MSRB said its board at a previously scheduled meeting Thursday authorized the filing of further amendments to Rule G-14 .

A district judge in Rhode Island issued a second order telling the administration to halt its grant freeze, saying his first order is not being followed.

FINRA found that Tradeweb had violated an MSRB rule by failing to include the 'NTBC indicator' when reporting certain municipal securities transactions.

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.