Washington

Tom Kozlik of Hilltop Securities explores federal guidance over rescue aid use, whether states and local governments are ready to allocate the funding, and how a "golden age" could loom for public finance. Paul Burton hosts. (20 minutes)

Only 1.6% of the shortfall in the federal Highway Trust Fund would be closed if the federal government begins collecting an annual fee on electric cars and light trucks.

The proposed changes are part of the MSRB's ongoing retrospective rule review.

The Federal Reserve’s policy is in a good place right now, said Cleveland Fed President Loretta Mester, while playing down signals from data that she warns will be volatile as the economy reopens.

While traditional defined-benefit pension plans remain the prevailing model, at least 19 states have hybrids.

President Biden met Wednesday with top Republican and Democratic congressional leaders to discuss a bipartisan way forward on this issue.

Treasury’s 151-page interim final rule provides broad latitude for how the money can be spent.

The White House and a bipartisan cadre of lawmakers appear committed to getting infrastructure, including top muni market lobbying goals, achieved.

In Montana, two school districts and the state government reported that a new state law signed by the governor on May 6 will end the state tax deduction for certain school bonds after 2023 if those bonds are federally taxable.

The U.S. labor market remains in a “deep hole” and needs aggressive support to speed its healing from the COVID-19 pandemic, said Federal Reserve Bank of Minneapolis President Neel Kashkari.