The new tax-exempt private activity bond categories for broadband and carbon capture projects are designed to avoid straining state volume cap.

The president has selected Jerome Powell to serve a second four-year term as Federal Reserve chair and chosen Gov. Lael Brainard as the next vice chair.

COVID-19 stimulus and related infrastructure spending are causing state expenditures to reach a 35-year high, according to NASBO’s 2019-2021 State Expenditure Report.

The state has an estimated $31 billion budget surplus to work with as the governor preps this fall for his January budget reveal, the Legislative Analyst’s Office said.

State economies are generally stronger than anticipated in the first half of 2021.

Local governments are still processing funds from the CARES and ARPA bills.

Turnout was less than 14% during Saturday's voting where only one constitutional amendment out of four was approved.

The Build Back Better reconciliation bill would raise the SALT cap to $80,000 from $10,000, and that impact varies widely from state to state.

Gov. Phil Murphy’s narrow re-election win and Senate President Steve Sweeney’s stunning loss to an unknown resonate well beyond the Garden State.

The state's fiscal 2022 update and five-year forecast offers a brighter near- and mid-term budget picture thanks to federal relief and strong revenues.

Assets ranging from airports, utilities and toll roads may come into play under P3 provisions in the infrastructure bill, which could attract public pension infrastructure investment.

Federal Reserve Governor Lael Brainard was interviewed for the top job at the U.S. central bank when she visited the White House last week, according to people familiar with the discussions. She and Fed Chair Jerome Powell are the only people who have publicly surfaced as being in the running for the post.

Randal Quarles, who oversaw an easing of post-financial crisis rules as the Federal Reserve’s vice chair of supervision, announced he will resign at the end of this year. His departure will leave President Biden with another open seat to fill on the central bank’s board.

A study by the Reason Foundation attempts to solve the problem of paying both tolls and fuel taxes on the same highway and offers a blueprint for how states can allocate toll revenue.

If commuters continue to work from home more often than in the office, their normal spending patterns on things like coffee and lunch will shift and impact business districts, neighborhoods and ultimately tax revenues.

Treasury Secretary Janet Yellen defended Federal Reserve Chair Jerome Powell’s record on regulating the financial system amid attacks by progressives seeking to deny him a second term — even though in the past she’s expressed some misgivings about rulemaking under his watch.

A Louisiana panel delayed the approval of a $700 million state bond sale set to be underwritten by JPMorgan Chase as the attorney general pushes for information on the bank’s policies on gun control. 

Wisconsin reported healthier-than-expected fiscal 2021 results that should benefit a new money deal planned for next month.

The $1.27 billion Ohio River Crossing toll bridge between Kentucky and Evansville, Indiana, will bring new jobs and boost the region's economy, officials say.

The hires come as Congress is expected to pass a massive infrastructure bill that includes P3 provisions.