It's the latest proposal for a type of national infrastructure financing structure in lieu of the municipal bond market.

Iowa has the largest number of poor bridges, followed by Pennsylvania and Illinois.

Chicago released a budget forecast that its corporate fund deficit will grow to $982.4 million in 2025 from $222.9 million at 2024's end.

Subsidence has delayed completion of the new Belle Chasse Bridge, a project led by one of the developers of the $2.3 billion Calcasieu Bridge project.

House Republicans are hoping to jam through a voter eligibility bill as part of the upcoming continuing resolution in order to avert a shutdown before Sept. 30.

Patrick Harker, the longest serving regional reserve bank president, will leave office in June 2025. Directors at the Fed bank have started the search for his replacement.

General fund revenue growth of only 1.1% in the fiscal year that ended Saturday, marks a continued slowdown since fiscal 2022's 26.4% increase.

California and Texas have received the most amount of federal investment to date, according to a pair of reports tracking the climate law's investments.

Rep. Steven Horsford will likely replace the late Rep. Bill Pascrell.

The Federal Reserve's preferred measure of inflation held steady at 2.6% for the third month in a row, a positive reading that increases the odds of a September rate cut.

A bill would allow the California Infrastructure and Economic Development Bank to issue debt for California's FAIR Plan, its property insurer of last resort.

The lawsuit contends a state law that punishes banks and others for "boycotting" the fossil fuel industry violates free speech provisions in the U.S. Constitution.

Initiatives planned for the Nov. 5 ballot raised concerns in the state's municipal bond market over higher borrowing costs and litigation.

Nebraska Gov. Jim Pillen signed into law a package of bills that includes caps on spending authority for local cities and counties.

The House bill supported by the coalition would allow municipal bond holders to transfer the securities to the bank in exchange for stock.

Redeveloping the RFK stadium site could spur public finance of a multi-use project.

Up to $2.065 billion of taxable notes could be issued to finance termination of a public-private partnership that built a toll lane project in Harris County.

Nevada law currently bans privately financed toll roads, but there is precedent for exemptions.

Committee Chair Sherrod Brown is facing a tough election.

The rating agency estimated the cost of college and university capital needs at $750 billion to $950 billion over the next decade.