Biden Administration

The CTA is looking for the state to boost operating funds to help solve a looming $400 million annual shortfall.

The scramble for a limited amount of high-speed rail funding is sparking competition.

President Biden will ask the Senate to confirm Gov. Philip Jefferson for the No. 2 spot on the Federal Reserve Board; World Bank Group executive and Colombian-American Adriana Kugler for a vacant board seat; and Gov. Lisa Cook for a full term.

Democrats and Republicans each said the other party's position on ESG investing carries additional costs for states.

The key question for issuers will be how lawmakers decide which funds are protected and which are open to being rescinded.

A downgrade of the nation's credit would shake the muni market.

If implemented, New York's congestion pricing plan will be the first in the nation.

"The vast majority" of state and local issuers would be resilient to a one-notch downgrade in the U.S. rating, Moody's said.

Streamlining the federal grant process should start with getting rid of the "government legalese" that complicates notice of funding opportunities, experts said.

Pandemic funding cuts may pop up in any of the four big-ticket, must-pass bills Congress will take up this year.

A default would halt federal payments and could delay key infrastructure projects

"The funds made available to local governments in the American Rescue Plan Act have been a lifeline to our nation's communities," said National League of Cities CEO Clarence Anthony.

The FAA reauthorization bill is a big-ticket transportation item facing Congress this year.

The House Republicans proposal to avoid a debt limit default relies on spending cuts and "capturing" unspent COVID aid.

Texas, Virginia, Idaho, Mississippi, Montana, Nebraska, New Hampshire, South Dakota and Utah, have all signed briefs urging the Court to take on the case.

President Biden has vetoed the recent congressional resolution that would have overturned protections provided by EPA's clean water rule.

The federal funds may not go as far amid inflation, but they still cushion the construction industry struggling with economic challenges.

Part of the problem may be the lack of a muni finance tax expert in Treasury, a position that has been vacant since 2019.

Massive transit projects have funding momentum, and traditional road and bridge projects are advancing as well despite political opposition and some shaky funding.

The administration is touting the Justice40 Initiative and other programs to spur equity efforts.