Joe Biden

NACo and the NLC were among 400 groups that sent a letter Monday to senators stating “enthusiastic endorsement” for the $350 billion “in flexible aid."

Tom Kozlik of Hilltop Securities examines variables related to President Biden's first-stage rescue package, including market reaction, state-local aid and vaccine rollout. Paul Burton hosts; Recorded Jan. 27. (19 minutes).

State and local officials have nearly exhausted their emergency reserves, rainy day funds and reasonable credit options, the National League of Cities said.

Come away better prepared for what’s ahead after hearing Satish Kini and David Sewell of Debevoise & Plimpton and Darin Jarrett, Deputy BSA/AML Officer at American Express, in conversation with Bonnie McGeer, Executive Editor of American Banker, as they explore: •How the new administration might change the BSA/AML Act •Are there easy wins in relieving the burden of suspicious activity reports without undermining effectiveness? •New ways that companies are innovating within AML compliance and risk •What banks are doing to drive next-gen efficiency and effectiveness of risk and compliance

This is the first time a coalition representing the buy-side, sell-side and others on the business side of public finance will lobby for specific municipal bond provisions on the Hill.

The SSI debate is expected to highlight an array of other federal safety-net benefits that residents of Puerto Rico are denied.

Dovetailing on President Biden's clean-energy initiatives, the Employees’ Retirement System and Teachers’ Retirement System voted for the divestments.

While federal funds enabled the transit authority to sidestep fare hikes for now, it faces a raft of pandemic-related variables and state budget uncertainty.

President Joe Biden's pick for transportation secretary took questions from a Senate panel on how the nation might pay for robust infrastructure.

Skeptics ask whether New York's governor is overplaying the Washington hand and how the state can improve its own lot.

The incoming Biden administration last week proposed direct federal aid of $350 billion to state and local governments as part of a proposed $1.9 trillion coronavirus relief bill.

Donald Trump's departure from the White House will do little to heal the rift between the right and left, but this is still the best chance muni advocates have had in many years.

In addition to direct aid, they would get money for vaccinations, education, transit, housing, Medicaid, LIHEAP, and TANF.

President-elect Joe Biden's cabinet picks include the governor and Boston Mayor Marty Walsh, the latter for Labor Secretary.

The former South Bend, Indiana mayor understands the needs of state and local governments, though he lacks experience running a large organization.

Though President-elect Joe Biden has not provided specifics on the financing of his infrastructure agenda, sources say he will take an "all of the above" approach.

The incoming administration chose a battle-tested policymaker who can draw on her nearly two decades at the Fed to help rebuild an economy still struggling from the coronavirus pandemic.

Municipal finance is not a top-tier issue for treasury secretaries, but Yellen has taken a strong stance for more direct aid to state and local governments during the pandemic.

With Yellen in charge, Biden’s Treasury Department will be prepared to join Fed Chairman Jerome Powell’s policy of lower-for-longer interest rates with extended, expansionary government spending.

President-elect Joe Biden plans to nominate former Federal Reserve Chair Janet Yellen to serve as his Treasury secretary.