Washington

The issue is important to lawmakers in high-tax states, and is also important to municipal issuers in those places who have said the cap infringes on their fiancial sovereignty.

The proposed Rule G-46 seeks to clarify certain rules specific to solicitor municipal advisors, a very specific group of professionals.

"I think ESG is here to stay in our market. I think it's a natural fit with the types of infrastructure that our market finances," said MSRB CEO Mark Kim.

New legislation on the high priority is on its way.

The Securities and Exchange Commission's examination priorities for the year include big ticket items like Regulation Best Interest.

Translating bipartisan support for infrastructure funding into support for long-term financing is a key lobbying goal for the municipal bond market.

Auburn University in Alabama is one of many schools and companies doing out research supported by the Biden administration to pursue commercial-grade fusion.

Federal Reserve Bank of New York President John Williams said forecasts officials submitted in December are still a good guide for where interest rates are headed this year and that policy may need to stay at restrictive levels for a few years to get inflation down.

States are dealing with budget surpluses with taxpayer rebates, infrastructure projects and debt service.

"We think we are going to need to do further rate increases," Powell said Tuesday.