Biden Administration

Phil Washington would bring an issuer's perspective to the top FAA spot.

The Supreme Court’s ruling stripped the EPA of its ability to regulate greenhouse gas emissions, but analysts say utilities are unlikely to feel immediate credit impacts; in some cases, it may ease credit pressures.

The U.S. Conference of Mayors launched the P3 task force as cities prepare for an influx of federal infrastructure aid.

Construction material costs, which often rise faster than the consumer price index, have surged over the last year while a shortage of skilled construction workers has plagued the industry.

The proposed gas tax holiday would hold the Highway Trust Fund harmless with a $10 billion subsidy.

Easing federal wetland standards could spark a “race to the bottom” as newly polluted water would flow into downstream states, a group of largely Democrat-led states argued in a Supreme Court brief.

The White House released proposed rules for the $7.5 billion electric vehicle charging network program as gas prices in the U.S. hit another record high.

MTA finance director Pat McCoy said issuers need to ask if they are prepared to deal with the requirements attached to federal money.

Issuers need to be careful with bonds specifically marketed as green, said the head of Office of Municipal Securities.

Republicans, who argue pandemic aid is partly to blame for inflation, have said the large aid packages came with too few guardrails.

The bulk of the first tranches of the $15 billion of IIJA funds will likely be used to figure out where lead lines are located, so states and water systems can determine the scope of the problem.

California has received the most, at $9.7 billion, followed by New York. Transportation is the top spending category nationally followed by climate, energy and environment.

Rising construction costs coupled with the Great Resignation means New Orleans is receiving fewer bids on its RFPs, Mayor LaToya Cantrell said.

Toll roads could see a negative impact if elevated fuel prices linger for three years or longer, but mass transit would benefit, says S&P Global Ratings in a report.

Affluent, urban communities enjoy a natural edge when it comes to competing with their less-resourced rural peers for the new infrastructure funds.

Referring to the $105 billion California high-speed rail plan, transportation Secretary Pete Buttigieg said the administration continues “to want that project, as we want any project, to succeed.”

Inflation is "absolutely a problem," Yellen told a Senate panel, adding that the hot labor market illustrates the success of aid packages like the American Rescue Plan.

The nomination to the bistate agency comes as the long-stalled project could see its first infusion of federal funds.

The federal government regulates vehicles, while states generally regulate drivers, an unofficial division that creates confusion.

The legislative clock is ticking as midterm campaigning ramps up, but the lame duck session offers a fresh opportunity.