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Federal Reserve policymaker John Williams made the case on Monday for further gradual increases in interest rates, saying he expects inflation to rise to the central bank’s 2 percent target next year as unemployment edges lower.

The Federal Reserve can be patient in setting monetary policy and the current rate may be the right level for the forecast horizon, Federal Reserve Bank of St. Louis President James Bullard said Friday.

A bill to grant New York City design-build project authority died when the legislature adjourned.

Connecticut Gov. Dannel Malloy is developing a plan to operate state government should a budget not materialize.

Joseph Lhota will return to New York’s Metropolitan Transportation Authority as its board chairman.

Federal Reserve Chair Janet Yellen’s candidacy for another term is encountering resistance from some Trump administration advisers who want a new leader at the U.S. central bank, according to two administration officials, even as the Treasury secretary indicated she may still be in the running.

Gov. Andrew Cuomo advanced legislation to give New York State majority control of the Metropolitan Transportation Authority.

Ryan’s speech is his first major public effort to keep tax reform on track for enactment by year-end.

A remark by Gov. Andrew Cuomo could reinvigorate discussion about New York City congestion pricing.

While he would prefer if Congress raised Treasury's borrowing limit before its August break, Treasury Secretary Steven Mnuchin said in a televised interview, even if a deal is not reached, the government will be "fine" until they return in September.

Federal Reserve Bank of New York President William Dudley sounded a positive note on the U.S. economy, saying the central bank wanted to tighten monetary policy “very judiciously” to avoid derailing the expansion that began in mid-2009.

Senate Finance Committee wants tax reform ideas by July 17.

President Donald Trump’s budget director said he expects the Federal Reserve to continue to run an easy monetary policy even as it unwinds the “unprecedented experiment” that swelled its balance sheet to $4.5 trillion.

Federal Reserve Board Chair Janet Yellen said she has had no conversations with President Trump about her future as Fed chair.

New York City gets mixed marks from the Citizens Budget Commission for its adopted fiscal 2018 budget.

The estimate echoes an assurance Treasury Secretary Steven Mnuchin gave reporters Friday in Ottowa.

The Financial CHOICE Act, which the House passed Thursday, would have some direct effects on munis.

_{Members of the Municipal Bonds for America coalition met with a White House official Wednesday.}

National Economic Council Director Gary Cohn announced the target date for releasing a tax reform plan

New York Mayor Bill de Blasio and City Council leaders agreed on an $85.2 billion budget.