Washington

The Municipal Securities Rulemaking Board’s request for information on ESG is an attempt to bring politics into capital markets, Marlo Oaks said.

The U.S. Department of Transportation's budget swells to $140 billion from $80 billion with the omnibus and Infrastructure Investment and Jobs Act dollars.

Sarah Bloom Raskin’s nomination to be Federal Reserve vice chair of supervision has taken another hit as key Senate Democrat Joe Manchin suggested President Joe Biden’s other four central bank nominees move forward without her.

The omnibus bill drops a controversial measure to claw back unspent state COVID funds and includes long sought-after language to ease the transition away from LIBOR.

Barkley hopes to get members back to educational events in person as well as adding younger members to the NFMA roster.

Thirty states would have been affected by the plan to claw back $8 billion in unspent ARPA funds to offset the FY22 appropriation.

Illinois senators joined House colleagues to introduce legislation that would give states with unemployment trust fund loans more interest-free time to repay them.

Transportation advocates remain opposed to the legislation and the Biden Administration has not taken a position.

The MSRB's request for information on environmental, social and governance considerations in the muni market showed just how uneasy market participants are feeling.

The Chicago-based organization is more than a quarter century old and intent on growing.