Trump administration

Overall rainy-day fund capacity for U.S. states fell in fiscal year 2025 for the first time since the World Financial Crisis as more states look at tapping reserves.

A fatal crash and closure at New York's LaGuardia Airport adds to the list of transportation hurdles that includes a jump in jet fuel prices, and travel delays due to a lapse in TSA funding.

Nevada Treasurer Zach Conine is urging Congress to pass legislation for the automatic and timely refunding of "illegal tariffs."

As rising fuel prices make headlines, more states are eyeing suspending their gas tax rules while concerns rise about the beleaguered Highway Trust Fund.

Some states and local governments "went on spending sprees" with pandemic funds and "got ratings upgrades that didn't have a lot to do with fiscal management," said an investor.

Congressional leaders are plotting out plans to land the surface transportation reauthorization before a September deadline.

Caught in the crosshairs of Trump's war on wind power, Revolution Wind fought two legal battles to continue its construction.

Otero County commissioners approved an agreement with the federal immigration agency to avert a bond default despite a state law banning such contracts.

Acting Director Sam Waldon "will be a steady hand for the division during this period, including for municipal securities-related enforcement activity," said Kathleen Marcus, a partner at Stradling.

The order from U.S. District Judge F. Dennis Saylor IV was issued at 5 p.m. Eastern Time on Friday. 

Two courts affirmed the federal government's obligation to fund the Gateway project. 

Educational institutions risk "hefty fines and other serious consequences, including potential loss of federal funding," should they fail to submit timely and complete data. 

As fuel prices ratchet up due to the Iran war, two states are already exploring suspending their fuel tax which would take a bite out of tax revenue and possibly lead to future bond sales.

The Government Finance Officers Association is providing comments on the U.S. Treasury Department's proposal to establish a new record keeping system for certain financial assistance programs.

Could they affect state lottery-backed bonds?

Washington D.C.'s Chief Financial Officer is backing the city's Attorney General in defying Congressional action aimed at preventing another tax policy decoupling from the One Big Beautiful Bill Act.

As the next surface transportation reauthorization bill takes form in Congress, the transit sector is making a case for its slice of the pie and expanding the use of private activity bonds.

The federal government's attempt to end congestion pricing has been thwarted. Other challenges to the program remain.

"Once the damage is done, it takes a little longer for it to come back," said Elaine Brennan, executive director of the public finance department at Roosevelt and Cross, of the muni market.

Eleven states and dozens of local governments have active lawsuits against fossil fuel companies.