Washington

Economic development and infrastructure were the most mentioned issues by mayors in their annual states of the city addresses.

The U.S. economy expanded moderately through much of April and May, with little indication of overheating, a Federal Reserve survey showed.

The 13-year-old Real-Time Transaction Reporting System has undergone a three-year re-engineering process.

Currently at least 33 states provide 113 different tax credits that are already federally deductible.

Bond lawyer Jonathan Ballan chimes in on creative bond deals, tax-law changes, mortgage financing, mass transit and his recent move to Cozen O’Connor. He also makes a heartfelt plea for municipal and political leaders to weigh in and help “stop the carnage” from the opioid crisis. Paul Burton hosts.

The Fed should slow its pace of policy normalization to help re-align price expectations around 2% and maintain the credibility of its inflation target, Federal Reserve Bank of St. Louis President James Bullard said.

The IRS has produced dozens of "issue snapshots" for the tax-exempt bond community, charities and non-profits, retirement plans, Indian tribal governments and federal, state and local governments.

The District of Columbia was praised for tackling the funding needs for maintaining its critical infrastructure by a rating agency concerned about deferral of such maintenance by states and local governments.

Federal Reserve Chairman Jerome Powell said central banks shouldn’t take their independence for granted at a time when trust in public institutions is at “historic lows,” requiring extra effort to explain both their monetary and regulatory policies.

New York, New Jersey and Connecticut are the first states to have created charitable funds that taxpayers can contribute to in order to claim a charitable deduction in lieu of paying state and local taxes.