Washington

Powell, 69, received the positive test Wednesday and "is up to date with COVID-19 vaccines and boosters," the Fed said in a statement, adding that he is working remotely while isolating at home.

The alliance will hold semi-annual conferences to consider innovative solutions to infrastructure financing and delivery.

Improved disclosure is likely to have a cost, though analysts have long maintained the benefits outweight that.

Treasury typically suspends the sale of new state and local government series securities when nearing the borrowing cap.

Underwriting fees generated for the board totaled some $7.4 million, an almost 50% drop from the $14.3 million the board received in 2020.

New regulations appear to be highlighting disagreements on major muni market topics.

"I expect that we will raise rates a few more times this year, though, to my mind, the days of us raising them 75 basis points at a time have surely passed," Harker said.

Downshifting to a smaller move from the more aggressive rate increases the Fed rolled out last year would give officials more time to see how their actions are affecting the economy, Collins said.

The board has confirmed his departure from the regulator is imminent

Missouri Republican Sam Graves, a professional pilot, has said he hopes to achieve a bipartisan reauthorization of the federal aviation budget, a key item for the committee this year.