Washington

Having completed its first flood management P3, the Army Corps is embarking on a pair of P3 financings to restore urban ecosystems.

The audit was brought on by the Internal Revenue Service in September 2021 in connection with Series 2013B bonds.

The significant cheapening of municipals in recent weeks continues to create headwinds for the overall tax-exempt market on a daily basis.

The court's decision leaves issuers back to looking for a legislative solution.

Oklahoma hopes to close on a federal loan this summer for rural highway construction and improvements that would tap into $200 million of borrowing authorized by a 2021 state law.

The Federal Reserve has hired five executives from the stablecoin issuer Circle and at least one employee of Ripple since 2019 as part of its technology-focused recruiting efforts. It plans to do more hiring in the years ahead to aid its work on faster payments and central bank digital currencies.

Surface transportation groups like AASHTO want a phased implementation of the IIJA's Buy America policy.

The White House says the president will nominate Michael Barr, a Treasury Department veteran and one of the architects of the Dodd-Frank Act, as the central bank's vice chair for supervision.

States need to balance the growing concerns about oil prices with the need for infrastructure, Secretary of Transportation Pete Buttigieg said.

With the Federal Reserve planning aggressive rate hikes and balance sheet reduction, Dec Mullarkey, managing director of investment strategy and asset allocation at SLC Management, discusses the Federal Open Market Committee meeting minutes, his analysis of the economy and what to expect going forward. Gary Siegel hosts. (33 minutes)