Washington

Federal Reserve Board Chairman Jerome Powell said the removal of “accommodative” from the post-Federal Open Market Committee meeting statement doesn’t “represent a change in policy.”

Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further gradual hikes well into 2019, risking fresh criticism from President Donald Trump.

Incoming NABL president Dee Wisor wants the group to be more active in Washington.

House Republicans will vote Thursday or Friday on tax reform legislation that would make permanent the $10,000 federal cap on the deduction for state and local taxes and individual income tax rate reductions.

The MSRB is hoping that new guidelines will encourage more conversation between its staff and the broker-dealers and muni advisors it regulates.

One proposal is to use the Chicago water system to fund the Windy City’s public employee pension plans.

MEAG joins two other owners of the Plant Vogtle project voting to move forward; Oglethorpe Power has yet to decide.

Carlos Braceras, elected as the American Association of State Highway and Transportation Officials’ new president on Monday, said one of his goals will be to persuade Congress to include more funding and policy reforms in surface transportation reauthorization legislation.

The coalition is sponsoring a campaign fundraiser for Rep. Richard Neal of Massachusetts, the ranking Democrat on the House Ways and Means Committee.

Municipal bond issuance is set to drop by half next week as Federal Open Market Committee meets and the third quarter comes to an end.