Politics

"New Fed chairs often face unexpected monetary system challenges and bond investors want to be reassured that the Fed will be serious about addressing those challenges," D.A. Davidson's James Ragan said.

School districts face competition from a state-funded voucher program and financial challenges that in some cases have led to negative rating actions.

Washington using a pension fund surplus to close a budget shortfall sets a bad precedent, said a Morningstar DBRS analyst.

City governments' circumspect approaches to AI could likely be attributed to varying public perception. 

With federal costs and an election on the horizon, Massachusetts, Pennsylvania and New Jersey opted for "maintenance budgets."

The ongoing dispute between the states and the Federal Emergency Management Agency is heading to court as 25 states are suing the agency over charges that it's withholding grants based on immigration policies.

Market observers question the strength of pension funds, following positive performance reports.

Congress should also eliminate the mass transit account from the Highway Trust Fund, and consolidate all federal fuel tax revenues into the HTF, the USDOT proposed.

Cities with voter requirements face higher borrowing costs, a study found.

Washington, D.C. and the House Oversight Committee are squabbling over tax policy as the federal government weighs legislation that would prevent the city from raising taxes without Congressional approval.

The Texas city needs higher rates in part to support future debt that would be issued for $1.1 billion of water supply projects that are underway.

Moody's and Fitch downgraded the school district's ratings.

In fiscal 2026, Indiana saw 6.8% year-over-year growth in state revenue amid a 27.7% surge in corporate tax revenue, leading to a surplus of $1.85 billion.

The effects of the 21st Century ROAD to Housing Act are already being sized up as the impetus for maximizing their intentions may fall on local public finance and regulatory policies.

The U.S. Department of Housing and Urban Development is suspending between $1 billion and $2 billion of aid approved.

Action on a surface transportation bill, however, is likely to be delayed until September.

A battle over implementation of Chicago's budget became public Thursday after Mayor Brandon Johnson's team held a midyear hearing.

States continue tinkering with finding the right mix of property tax, sales tax, and income taxes leveled on the affluent.

The House Transportation and Infrastructure Committee renews a push for major FEMA reform that's endorsed by local governments while the Senate attempts to influence change from within the agency.

The state's Republican governor and legislative leaders ordered 3% cuts for the next biannual budget as they announced their priorities for the 2027 session.