Washington

With its new policy framework in place, the Fed will decide how it can use its tools more aggressively and effectively to achieve its primary goal of increasing jobs and wage growth through a more robust economic rebound.

During the kickoff for the United for Infrastructure week, Sen. John Barrasso, R-Wyo., said he supported a one -year extension of current federal surface transportation funding.

The action shows the SEC's focus on the often risky charter school sector.

Sources say lawmakers want to know why the Municipal Liquidity Facility has only been used by two issuers.

Gov. Phil Murphy’s administration faces a fast-approaching deadline to choose its debt strategy: long-term GO bonds or the Fed's Municipal Liquidity Facility.

The dot plot will be the star of the meeting, but the coronavirus and the elections will be part of the discussion, economists say.

Guam Gov. Lourdes Leon Guerrero told lawmakers she wants the island territory to be eligible for the Fed’s Municipal Liquidity Facility.

The so-called “skinny bill” proposed by Senate Republicans failed to advance Thursday in a 52 to 47 vote that fell short of the 60-vote supermajority needed to break a filibuster.

Currently, the maximum maturity period for bonds under the MLF is 36 months, up from 24 months when the program was first created in April.

Despite a positive employment report last week, Chair Powell predicted a slow recovery with COVID-19 still not under control.