Washington

The $2.2 billion will be divided evenly between urban and rural communities, with 75% going to projects in poor or disadvantaged areas.

Two Federal Reserve officials responded to softening inflation data by saying it doesn't change the U.S. central bank's path toward even higher interest rates this year and next.

The Investment Company Institute reported investors poured in $1.589 billion into muni bond mutual funds in the week ending August 3, the highest level since November.

All states hit the Aug. 1 deadline to submit electric vehicle charging station plans to unlock the first piece of funding in the federal infrastructure package.

A key distinction commenters raised is the difference between ESG-related credit risk disclosures and non-credit risk ESG information about the issuer or the bonds.

The SEC is opposing municipal advisor Brandon Comer's request for a summary judgment in a case, where the Commission alleged Comer breached his fiduciary duty.

States and localities are in line for clean energy funding, some of which builds on grant programs in the bipartisan infrastructure law.

Issuers praised the bill's climate provisions while muni market participants said it's unlikely to significantly hurt demand for tax-exempt paper.

The Federal Reserve is committed to cooling inflation and needs to raise interest rates to a little above 4% to ease demand, Cleveland Federal Reserve Bank President Loretta Mester said.

The sudden passing of Walorski and two of her staffers has left municipal market advocates and politicians stunned.