Washington

States will need to figure out how to build within the law, the DOT secretary said.

The bill, introduced in the House by Rep. George Santos, R-NY, is one of three currently circling around Congress that would lift the state and local tax deduction.

A total of 26 Republican-led states have sued over the new retirement investing rule, saying it would diminish their tax revenue and hurt states that have a significant fossil fuel industry presence.

His experience overseeing major infrastructure projects at public transportation agencies prepares him for the FAA job, Washington told senators.

A majority of state DOTs have now adopted a commitment to equity in infrastructure contracting.

As it tracks the spending of $4.6 trillion of pandemic funds, the GAO is also reviewing what some Republicans deem improper use of the funds by cities and states.

Federal Reserve Bank of Atlanta President Raphael Bostic called for continued interest-rate hikes to above 5% ensure that inflation returns to the central bank's target and doesn't reaccelerate in a pattern similar to the 1970s.

A twenty year-old problem is thwarting the influx of IIJA Funds.

Central bankers must augment what they learn from incoming data with clues gleaned from the real economy and avoid putting too much weight on financial markets, said Federal Reserve Bank of Chicago President Austan Goolsbee.

The fresh guidance seeks to end a debate over how to prioritize federal transportation funds that's dogged Biden administration officials for more than a year.