Washington

Federal Reserve Governor Lael Brainard, one of the central bank’s most ardent doves, sounded optimistic about the U.S. economy’s outlook and suggested the pace of monetary policy tightening may need to accelerate.

Transportation Secretary Elaine Chao confirmed a report that President Trump lobbied House Speaker Paul Ryan against putting any funding for the project in an omnibus spending bill.

The Trump administration and a bipartisan group of four senators weigh in on the states' ability to collect online sales taxes in friend-of-the-court briefs filed with the Supreme Court.

Analysts have noticed a definite hesitance of issuers to talk to them one-on-one and blame the MSRB's market advisory warning issuers against revealing material information to select investors.

The Securities Exchange Commission and the former town attorney for Oyster Bay, N.Y. have agreed to a proposed settlement of SEC charges.

Bipartisan bills pending in the House and Senate would allow private activity bonds to be used for state and local government buildings.

Richard Clarida, an international monetary economist and Pacific Investment Management Co. global strategic adviser, is the front-runner for the nomination to be the Federal Reserve vice chairman, said a person familiar with deliberations.

Transportation Secretary Elaine Chao said career employees within her department calculated only a 5% local funding commitment because the two states are relying on federal loan guarantees.

Groups representing both dealer and non-dealer muni advisors are opposed to the MSRB's new rule and rule changes on advertising because they are too dissimilar from FINRA's rules and could be confusing.

Federal Reserve Board Chair Jerome Powell seemed to counteract his earlier statement, which suggested the chance for four rate hikes in 2018.