Washington

Native American Tribes get a step closer to issuing more tax-exempt bonds as a bipartisan bill that would boost tax parity moves forward in the House while serving as companion legislation to a Senate version.

If building out AI tools requires a big investment, "it sure helps to have the capital," said Justin Marlowe, a research professor in the University of Chicago Harris School of Public Policy.

Congressional leadership is dropping hints about the size, scope, and delivery dates of the surface transportation reauthorization bill that will supplant the Bipartisan Infrastructure Law.

The "ratepayer protection pledge" requires tech companies to cover the costs of powering data centers.

U.S. Department of Transportation Secretary Sean Duffy doubled down on cutting DEI and climate change related policies amid conjecture about federal funding levels.

The drinking and clean water state revolving fund programs and other water infrastructure programs are up for reauthorization this year.

Federal Reserve Gov. Lisa Cook said AI could boost productivity, but warned the transition may raise unemployment and force difficult tradeoffs between inflation and jobs.

A bill that would change the rules for handling natural disasters is stalled in Congress as county governments grapple with the Federal Emergency Management Agency's regulations.

Federal Reserve Bank of Chicago President Austan Goolsbee said the central bank should focus on getting inflation to its 2% target before making any additional cuts to short-term interest rates.

Federal Reserve Gov. Christopher Waller said during an appearance Monday his decision on whether or not to support a cut to short-term interest rates depends on labor market indicators.