Washington

Advocates for improving inland port infrastructure in the House and Senate are pushing bipartisan bills aimed at funneling more dollars from the Port Infrastructure Development Program to facilities on the Great Lakes as opposed to East and West coasts.

The Federal Open Market Committee meeting minutes showed the decision was closer than the vote indicated, with "a few" voters suggesting they would have supported no change at the meeting.

The loss of federal jobs combined with delays in accessing employment data are contributing to flat revenue estimates for the Washington, D.C., government.

BDA's Decker hopeful that the "sensible regulation" trend will continue. 

With Federal Reserve Chair Jerome Powell's term expiring, there is added uncertainty about monetary policy.

All eyes will be on the next surface transportation bill, which the House plans to unveil in early 2026.

An election year for Congress adds a deadline clock to questions about budget reconciliation, tax policy, and politics while bond issuers ponder challenges and opportunities.

Monetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before

The approved rates will go into effect on Jan. 1.

 In 2024, legalization states collectively generated a record-setting $4.4 billion in cannabis tax revenue from adult-use sales.