Biden Administration

The West Virginia Democrat has been critical of Biden's goal of a speedy transition to electric vehicles, in part because of China's dominance of the battery market.

Transportation Secretary Pete Buttigieg heard concerns from both sides of the aisle during his latest appearance on Capitol Hill.

The Chicago Transit Authority and the Port of Long Beach are among the first public agencies to sign the Equity in Infrastructure Project's pledge.

The new academic center housed at the University of Maryland is developing P3 industry standards and a peer exchange program for state infrastructure czars.

Having completed its first flood management P3, the Army Corps is embarking on a pair of P3 financings to restore urban ecosystems.

Surface transportation groups like AASHTO want a phased implementation of the IIJA's Buy America policy.

States need to balance the growing concerns about oil prices with the need for infrastructure, Secretary of Transportation Pete Buttigieg said.

Competitive grant programs like INFRA can help address the country's infrastructure needs, but it's important that states and cities understand how to apply.

By dampening corporate interest in tax incentives, the new global minimum tax would hurt low-income housing and drive up issuer borrowing costs, a group of 29 organizations said in the letter to Yellen.

The twice-annual call for unsolicited proposals is part of what the state dubs one of the most ambitious P3 transportation programs in the country.

Governors and lawmakers are calling for gas tax holidays amid rising fuel prices, but House Speaker Nancy Pelosi is not on board.

Senate Republicans said the $10 billion COVID bill is paid for with unspent funds from previous pandemic bills, but it appears to avoid tapping state ARPA funds.

U.S. companies that will be affected by the new global minimum tax hold about 80% of the tax-exempt interest reported by all companies, business groups said.

The first tranche of federal dollars are seen as a down payment on what's billed as the most urgent infrastructure project in the U.S.

The budget provides more money to state and local governments and record levels of funding for schools and railroad initiatives.

Even deals that go bankrupt can be seen as successes in the U.S. P3 market, which may face an "inflection point" with the new infrastructure law.

Sarah Bloom Raskin, whose views on the role of climate risk in bank supervision angered Republicans, said she has taken herself out of the running so the gridlocked Senate Banking Committee could move forward with the Biden administration’s other nominees to the Federal Reserve Board.

Half of the infrastructure funding is going to the states, and cities should talk to their governors to ensure they see some of that funding, White House Infrastructure Advisor Mitch Landrieu told the National League of Cities Tuesday.

Sarah Bloom Raskin’s nomination to be Federal Reserve vice chair of supervision has taken another hit as key Senate Democrat Joe Manchin suggested President Joe Biden’s other four central bank nominees move forward without her.

Emily Brock, director of the federal liaison center at the Government Finance Officers Association, takes time out to talk with Chip Barnett at The Bond Buyer’s National Outlook Conference about infrastructure spending. She also looks at the possibility of Congress approving the return of tax-exempt advance refundings and the SEC and MSRB’s focus on issuers ESG disclosures. (17 minutes)