Washington

Facing a May 31 deadline to issue the $1.15 billion of PABs, All Aboard Florida asked the federal transportation agency for extra time to sell the debt.

Federal Reserve Bank of Cleveland President Loretta Mester warned against dismantling core reforms that have made U.S. banks better able to withstand a financial crisis.

A city job training proposal will no longer use bond proceeds due to concerns about legality.

The National Federation of Municipal Analysts is concerned that a district court ruling on Puerto Rico highway bonds could be a landmark change for the worse when it comes to how investors view revenue bonds.

Public transit agencies have a $90 billion backlog of maintenance, repair and modernization projects.

Stockbridge's attorneys filed a state constitutional challenge in local court, and plan to file a civil rights complaint in federal court soon.

The Puerto Rico Economic Empowerment Act of 2018 would implement some of the recommendations made by a congressional task force as well as provisions left out of disaster relief legislation, according to the two Republican senators who offered it.

Bruising political fights over Obamacare and tax reform may have killed the chances for Trump's infrastructure plan, leaving state and local governments to lead the way.

Bullard says the Fed should be sending signals that the policy rate is near or at neutral.

The proposal would establish a standalone rule governing transactions in discretionary accounts, something the board hasn't had in more than 30 years.