Washington

Directors at the Federal Reserve Bank of New York said they had narrowed their search for the bank’s next president to a “handful of final candidates,” without naming any.

Solvency for the beleaguered unit is a tall order for the new H+H chief, given myriad challenges from within and afar.

Wayne County and Detroit officials hope a new, $5.4 billion, 20-year transit plan makes it to the November ballot.

The House has approved similar municipal securities and Puerto Rico provisions, but has wanted more sweeping bank deregulation legislation than the Senate.

The newly updated Congressional Research Service report may be used as a resource by lawmakers if infrastructure legislation with private activity bond provisions is introduced.

Declining volume and demand shifts won't stop the muni market from delivering positive returns in 2018, says Oppenheimer & Co.'s Jeffrey Lipton.

Democrats are frustrated that President Trump's infrastructure plan would require state and local governments to come up with the majority of funds for infrastructure projects.

Some states don't remit all of the sales tax funds that are due to local governments from e-commerce retailers.

Concerns about Trump's infrastructure plan and the president's proposal to eliminate TIGER grants surface at Senate Commerce Committee panel hearing.

The Trump plan proposes only a 20% federal share, leaving local governments to come up with 80% of their own money or in partnership with the state and private investors.