Washington

The EPA would be responsible for administering the new grant program, should it become reality.

President Biden said he hasn’t spoken with Federal Reserve Chair Jerome Powell since taking office more than two months ago, citing respect for the central bank’s independence and marking a sharp turn from his predecessor, Donald Trump.

America simply cannot compete globally, especially with China, without an infrastructure-driven advanced manufacturing and inventive base.

Jack Janasiewicz, senior vice president, portfolio manager and portfolio strategist at Natixis Investment Managers Solutions, discusses inflation and why there is disagreement on whether it will become an issue this year. He talks about how stimulus money and the employment situation factor in. Gary Siegel hosts. (Taped March 9 / 30 minutes).

Over the weekend, prominent senators criticized President Biden's infrastructure plan, with some more moderate senators' votes hanging in the balance.

Monday’s announcement came at the halfway mark of fiscal 2021 after only one other priority -- arbitrage violations -- had been announced since the Oct. 1 start of the federal fiscal year.

Recent one-time funds from the American Rescue Plan Act and higher-than-projected revenues for many states are in many cases being put into infrastructure.

The current prohibition against tax-exempt advance refunding was used as a minor pay-for in the GOP’s Tax Cuts and Jobs Act that cut personal and corporate tax rates.

Municipal bond provisions were not mentioned, but stakeholders expect those details to be hashed out in what is likely to be a protracted battle in Congress.

Merritt Research Services highlights "unsung disclosure heroes" while reporting little change in most issuers' sluggish pace at releasing audited financials.