Federal Reserve Chair Jerome Powell recently sold more than $1 million of municipal bonds issued by various entities across the U.S. as tough new ethics rules took effect for central bank officials in the wake of a trading scandal last year.

“In the Great Recession it took us like seven or eight years to get back to where we were pre-recession,” Florida's Ben Watkins said. “This time it was less than 24 months.”

Public sector employment remains low despite the influx of federal aid, and governments dangling high wages and benefits could face long-term credit challenges, panelists said at Brookings Municipal Finance Conference.

The lack of a TRANs deal will put off a test of how competitive bidding for the debt may be impacted by the state’s pro-firearm and fossil fuel policies that have sidelined a few big underwriting firms.

The firm’s project finance & public finance practice comprises more than 50 attorneys and professional colleagues and is looking to add.

Private activity bonds for a coffee farm and general obligation bonds for an emergency center were cut with Gov. David Ige's veto pen.

Included in the Democrats’ all but dead Build Back Better bill, an expansion of the low-income housing tax credit could be a boon for the housing sector.

Coming back from COVID, states in the Southeast are seeing their revenue streams perk up as economic activity resumes across the region.

The Federal Reserve has aggressively ratcheted up interest rates to tame inflation. But that swift turnaround after more than a decade of accommodative monetary policy could create new risks to the financial system.

Illinois closed the books June 30 on a "record-breaking" year for general fund revenues.

The budget package awaiting Gov. Gretchen Whitmer's signature leaves billions on the table, for now, with contentious negotiations looming over the shape of tax relief.

Public private partnerships offer a new financing model for Colorado, which is prohibited from issuing general obligation bonds for state capital needs.

High energy prices and low unemployment have aided Oklahoma’s economy.

Illinois headed into the new fiscal year with healthier metrics on multiple fronts but its last audit illustrates the long-term drag posed by the state's retirement burden.

PennDOT could appeal to the state supreme court, but if not, the Pennsylvania P3 law may need to be rewritten.

The Federal Reserve System is facing increasing demands from the Senate to revamp the process for granting master accounts, disclose more information to the public and pick more diverse leaders. That pressure makes executive searches at the Kansas City and Chicago Fed banks more complicated.

Gov. Phil Murphy signed off on the $50.6 billion spending package on Thursday, amid growing concerns of economic slowdown.

The next generation of Senate Banking Committee Republicans has signed on to the latest salvo by Patrick Toomey — who will soon leave Congress — against the Federal Reserve Bank of Kansas City. That means the master accounts issue will live on.

The taxpayer refunds captured the most attention, but the final budget also includes a multi-year $47 billion infrastructure package.

The U.S. Conference of Mayors launched the P3 task force as cities prepare for an influx of federal infrastructure aid.