Washington

Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday that she believes price growth is still heading toward the central bank's 2% target when factoring out one-time shocks such as tariffs and elevated oil prices.

The bill promote private capital and public-private partnerships as part of the financing process.

The Maryland Economic Development Corporation and the Internal Revenue Service have reached a resolution in a tax squabble over a bond issuance where proceeds of the sale were not spent within a three-year time window.

Ed Fierro, a partner at Bracewell, said "making any changes to the rule is a very lengthy process."

Issuers are watching Washington D.C. gearing up for a water bill reauthorization, along with decisions on state revolving funds, appropriation levels and the future of WIFIA.

TIFIA and RRIF programs were slightly expanded and airport authorities will now be able to apply for CRISI grants.

Ormonde said a significant portion of his practice will remain focused on California tax matters even as he works with colleagues across the firm's SALT team.

They are seeking legislation on transportation, water and other topics.

A major multiple-amended housing bill that is expected to expand the use of private activity bonds passes the House and bounces back to the Senate, but obstacles remain over provisions regulating institutional investors.

The former Massachusetts congressman "was a true champion for the municipal bond market," GFOA's Emily Brock said.