The largest grant, $1.49 billion, will go to the Oregon Department of Transportation to replace a pair of aging vertical lift bridges that connect Portland and Vancouver, Washington.

States are expected to cut their budgets, marking a return to more modest levels of spending after years of stimulus-fueled growth and tax cuts.

Neither presidential candidate is talking enough about the "unsustainable" U.S. deficit, BlackRock CEO Larry Fink said.

A study of county governments to be presented at this year's Brookings Municipal Finance Conference shows federal pandemic aid led to a mild reduction in borrowing costs, a drop in credit quality and a preference for short-term over long-term debt instruments.

Ohio legislators are mulling a bill that would bar the state's pension systems, universities and Bureau of Workers' Compensation from pursuing ESG investing.

The Federal Reserve chairman has two years left in his term, which he will serve regardless of who occupies the White House. Powell's term on the Fed Board of Governors expires in 2028.

While the market awaits the initial FDTA proposal, some wonder if the rulemaking will be affected by the upcoming presidential election and the U.S. Supreme Court's Chevron decision.

Birmingham, Alabama-based FNBB Capital Markets has been fined by the regulator for failing to include certain mark-ups and mark-downs on dealer confirmations sent to retail customers.

Infrastructure projects and plans for a new transit police department topped the agenda at the agency's State of the Agency event.

Without legislation, the Supreme Court's Chevron ruling makes it "less likely" the U.S. will meet its stated climate goals, said Moody's Investors Service.