Biden Administration

The latest round of federal aid is not enough to move the needle over the long term.

The new water resources act comes as the Army Corps of Engineers' civil works program is set to see the largest influx of funding in its history.

Treasury’s final ruling issued last week provides tribes with $10 million in revenue loss allowance and a broader list of capital expenditures.

Sarah Bloom Raskin, reportedly the Biden administration's top candidate for vice chair of supervision, would toughen the Federal Reserve's stances on the role of banks in combating climate change, capital requirements, the Volcker Rule and other policy areas, experts say.

The proposed guidance, which restricts new highway capacity projects, may be applied to legacy programs like TIFIA as well.

Inflation, labor shortages and implementation uncertainties loom as the Infrastructure Investment and Jobs Act moves into center stage next year.

Towns in many states manage a big chunk of local roads but see little support from federal surface transportation formula grants.

Industry advocates want to preserve allocation of private activity bonds to the states and help Congress understand the benefits of advance refunding.

The framework that will guide federal transportation strategy in the coming years does not currently include any financial goals or objectives.

Sen. Schumer said the Senate would take up Build Back Better "very early in the new year."

Pushing the massive bill into 2022 reduces its overall chances of passage but increases the chances of reviving muni-related provisions.

Existing partisan divides and political pressures may influence how the infrastructure act's grants are allocated, one Congressman said.

The $2.5 trillion increase is expected to get the U.S. through 2023.

A group of leading automakers want the feds to require states to invest in the fastest EV chargers available.

County executives said they need to protect against flooding, sea level rise, erosion and other climate change-related damage.

The National Association of Counties, which has been a chief supporter of the measure, said it would renew its push in the new year.

The measure would allow issuers to tap unused pandemic aid for transportation, infrastructure and disaster aid relief.

States could be forced to return stimulus aid if the Treasury Department finds the funds were used to offset tax cuts.

The guessing game is over about President Biden’s pick for Federal Reserve chair, but several names are in the mix for three additional vacancies on the board, including vice chair for supervision.

With the ink drying on the new Infrastructure Investment and Jobs Act, eyes now turn to the implementation of one of the largest infrastructure programs in American history.