Washington DC

The puzzling accounting discrepancy, which dates to 2005, threatened to lead to the rescission of $3.5 billion of contract authority for state departments of transportation.

New Jersey sued the federal government to block a plan to charge drivers entering midtown Manhattan, claiming federal regulatory approval was ill-considered.

The bill will move onto the Senate in hopes of reaching President Biden's desk before the current Federal Aviation Administration authorization expires on Sept. 30.

Cincinnati-based Fifth Third Securities is the seventh firm charged by the Commission for failing to comply with the appropriate disclosures in connection with the limited offering exemption.

The proposed change to a one-minute reporting window will be discussed at the Municipal Securities Rulemaking Board upcoming quarterly meeting.

Despite efforts to pinpoint the problems that stand in the way of data standardization, solving those issues is still a long way off, panelists at the Brookings Municipal Finance Conference said.

The competition is open to nonprofit financing institutions and the funding will target clean technology projects in underserved areas of the country.

Transit capital investment grants would be funded at the lowest level in decades under the House GOP 2024 draft bill.

The SEC has adopted amendments that will increase minimum liquidity requirements, among other features but will only affect the muni market on the margins.

A recent paper reveals a combination of factors results in savings for issuers.

A new report finds that refunding tax-exempt debt with taxable bonds is more costly than waiting until the call date.

The ruling striking down affirmative action may bring a fresh headwind to the higher education space, which already faces soft enrollment trends.

Vern Breland has been permanently barred from participating in any municipal securities issuance after he and the city's municipal advisor were charged with misleading investors on two offerings.

It's the largest federal transportation grant to date, said Sen. Chuck Schumer, D-N.Y.

More than 80% of Michigan's larger cities said they are using ARPA funds for capital improvements like buildings and parks.

The SEC has settled with Robert Benecke and his firm Benecke Economics for acting as an unregistered MA in a case that is emblematic of the growing problem regulators and advisors alike face.

States are putting billions of dollars of federal broadband funding to work, with more on the way.

The bank would be modeled in part on the Reconstruction Finance Corporation created during the Great Depression, said the bill's sponsor, Rep. Danny Davis, D-Ill.

Changes to the direct-pay system provides opportunities for nonprofits to cash in tax credits

Road projects make up more than half of the winning applicants, with transit accounting for another 16%.