Washington

The president initiated the request for the luncheon meeting after Cuomo last month sent Trump a five-minute video showing the leaking walls and interior deterioration of the existing 108-year-old tunnel.

SIFMA and BDA responded to the MSRB's request for comment on muni indices and benchmarks, and transparency was a major theme.

Interest rates are nearing the neutral level — the rate that neither stimulates nor restrains economic growth — Federal Reserve Board Chair Jerome Powell said Wednesday.

Treasury Secretary Steven Mnuchin privately asked bond dealers and investors whether they want the Federal Reserve to tighten monetary policy by raising interest rates or through faster cuts in its securities portfolio.

Federal Reserve officials on Tuesday sprinkled small doses of concern into otherwise upbeat assessments of the U.S. economy.

President Trump stepped up his attacks on the Federal Reserve Board and its chairman, Jerome Powell, blaming the central bank for declines in the stock market.

Fitch placed the A-plus rating on credit watch negative a week after CMEEC announced its own probe into embezzlement allegations.

The lame duck session of Congress that convened this week may include passage of a tax bill released Monday night by Rep. Kevin Brady, R-Texas, the outgoing chairman of the House Ways and Means Committee.

Federal Reserve Vice Chairman said the central bank’s gradual approach to interest-rate hikes is appropriate.

Michelle W. Bowman was sworn in Monday as a member of the Board of Governors of the Federal Reserve System, the Fed announced.