North Carolina Republican Patrick McHenry — who's in line to lead the House Financial Services Committee after the GOP won control of the chamber in the midterm elections — has called for the Fed to stay focused on controlling inflation. Democrats, who retained the Senate, have begun to voice concerns that higher borrowing costs will hurt jobs and potentially cause a recession.

The Kentucky Bankers Association is seeking to halt Attorney General Daniel Cameron's investigation into climate commitments made by six large banks. The suit alleges that the AG overstepped his authority by seeking to compel the banks to turn over certain documents and communications.

With federal funding accounting for the largest portion of its revenue, Utah is mulling safeguards in the event of a future decrease.

Illinois raised its fiscal 2023 revenue estimates by $3.69 billion, giving Gov. J.B. Pritzker enough to propose doubling the state's $1 billion rainy day fund.

As issuers continue to discover new ways to unlock infrastructure funding, out-of-the box thinking may win the day.

Nixon Peabody attorney Roderick Devlin joins Caitlin Devitt to talk about asset recycling, a niche market in the public-private partnership world. Devlin explains what asset recycling is — and is not — as well as the sector's state of play in the U.S. and where it might be headed. (32 minutes)

The Infrastructure Investment and Jobs Act provides billions in grants for state and local governments. The challenge now is how quickly and effectively they can spend it amid an inflation–fueled rising–rate environment.

Utah's first debt affordability study said while pay-as-you-go funding for capital projects is preferred, an economic downturn could lead to more debt issuance.

Jared Polis' $42.7 billion all-funds spending plan for the fiscal year that begins July 1 includes a $16.7 billion general fund with a $2.174 billion reserve.

The state school in Ypsilanti is responding to declining enrollment with a student housing makeover financed through a public-private partnership.

American Rescue Plan Act dollars amounted to around 22% of states' annual general fund budgets, according to a court filing from a trio of southern states fighting ARPA's restriction on tax cuts.

In a letter to Federal Reserve Chair Jerome Powell, the chair of the Senate Banking Committee warned that the Fed was in danger of going too far in its efforts to tame inflation.

The operator of the South Terminal said it expects to prove hundreds of millions of dollars in damages caused by the city of Austin's "unlawful actions."

The municipal dealer community supports market transparency. The proposal before Congress, however, is poorly conceived, has few if any market supporters, and has the potential to be very expensive.

States and locals need to move fast to capitalize on the value of upfront funding provided in the infrastructure law, Biden administration officials said.

Missouri and Iowa closed out fiscal 2022 with balances that paved the way for tax cuts.

Inadequate public governance drives up the costs of U.S. transit projects, Eno Center for Transportation said in a report.

Federal Reserve Chair Jerome Powell has deflected requests from a top critic, Sen. Elizabeth Warren, for details of financial transactions by central bank officials, risking an escalation of tensions with lawmakers over disclosure issues.

California Gov. Gavin Newsom signed a package of housing legislation headlined by bills removing regulatory barriers to new-home construction.

The public power industry continues to deal with a host of issues from extreme weather events to environmental concerns and rising inflation.