Biden Administration

The new director will be familiar with pay-to-play enforcement and public accounting fraud, which are important in the muni space.

Though Republicans and Democrats are far apart on the price tag, there is agreement on the need to invest in physical infrastructure and the need to pay for it.

Wyden said his clean energy bill would replace a hodgepodge of 40 temporary tax credits.

In the Southeast, almost $71 billion of American Relief Plan funds will be dispersed to state and local governments.

Municipal bonds have a direct effect on the social and cultural character of cities, metropolitan areas, counties, and states. Munis and the initiatives they support such as public education, housing subsidies, public transit systems, and more, can often be linked to local or regional politics. Join Lynne Funk, Executive Editor at The Bond Buyer and Destin Jenkins, Neubauer Family Assistant Professor of History at the University of Chicago as they explore how municipal bond mismanagement can have contrasting influences on the different ethnic groups in our cities.

Gretchen Sierra Zorita will serve as deputy director for Puerto Rico and the Territories in the White House Office of Intergovernmental Affairs.

Municipal bonds, issued by state and local governments, finance infrastructure investment and should be the foundation of any modernization package.

Roddy Devlin, a partner at Nixon Peabody, explores President Biden's $2.3 trillion bill, which he says "dwarfs anything we've seen for decades." Paul Burton hosts. (23 minutes)

OMB Acting Director Shalandra Young described the summary as “the administration’s proposal for topline FY 2022 discretionary funding.”

The state says the Centers for Disease Control's anti-COVID-19 safety protocols for the cruise ship industry are illegally burdensome and exceed its authority.

The EPA would be responsible for administering the new grant program, should it become reality.

President Biden said he hasn’t spoken with Federal Reserve Chair Jerome Powell since taking office more than two months ago, citing respect for the central bank’s independence and marking a sharp turn from his predecessor, Donald Trump.

America simply cannot compete globally, especially with China, without an infrastructure-driven advanced manufacturing and inventive base.

The current prohibition against tax-exempt advance refunding was used as a minor pay-for in the GOP’s Tax Cuts and Jobs Act that cut personal and corporate tax rates.

Municipal bond provisions were not mentioned, but stakeholders expect those details to be hashed out in what is likely to be a protracted battle in Congress.

Three House Democrats say they won’t support tax hikes unless the Biden tax plan includes a repeal of the $10,000 cap on state and local tax deductions.

The bill comes days before the Biden administration will reveal its infrastructure plan. Sources have said municipal bond provisions are likely to be included in an infrastructure package.

American Relief Plan funds may also spare the city's reserves, but officials are waiting on the fine print from Washington to see what they can actually do.

The American Rescue Plan provides $1.6 billion in transit dollars to a region stretching from Los Angeles to Anaheim.

Credit scores have an effect on almost every aspect of a person's financial life. A less-than-ideal credit score can make it much harder to get a house or car loan, start a business, or even get a job. President Biden plans to change credit reporting So what does the new administration's plan mean for consumers and lenders? In this episode, we explore the pros and cons of the Biden proposal, what it means for consumers, and how it will impact lending institutions' strategy and operations.