In light of the U.S. Supreme Court’s recent reversal of the so-called Chevron doctrine, House Republican leaders Wednesday launched a review of the Biden administration’s environmental, social and governance agency regulations. House Transportation and Infrastructure Committee Chair Rep. Sam Graves, R-Mo., and Rep. James Comer, R-Ky., chair of the House Oversight Committee, sent letters this

Municipals were little changed Friday ahead of another large new-issue calendar. U.S. Treasury yields fell further and equities ended higher. A “relatively difficult start to the year” was expected, “as Treasury yields were too low, market participants were too optimistic about the number of rate cuts this year, and muni ratios were near their multi-year

The looming 2028 Olympics and the specter of crime took center stage at the Los Angeles County Metropolitan Transportation Authority’s state of the agency event this week. Los Angeles Mayor Karen Bass handed off the gavel and her title as Metro chair to Los Angeles County Supervisor Janice Hahn during Wednesday’s event held at Union

Public infrastructure built with federal emergency funds must conform to stricter flood-risk standards to better protect against rising climate risk, the Biden administration said Wednesday. The standard, which was years in the making, requires buildings and other infrastructure built with Federal Emergency Management Agency funds to be elevated higher above local flood levels, or relocated

Municipals were mixed in secondary trading Wednesday as the primary market took focus, led by a $1.2 billion deal in three series from the Dormitory Authority of the State of New York. U.S. Treasury yields fell slightly and equities ended up. Thursday’s consumer price index report is the “event of the week,” said Cooper Howard,

A shortage of Federal Highway Administration emergency relief funds and the fact that it is a toll bridge could play a role in determining who pays what toward the eventual replacement of the Francis Scott Key Bridge in Baltimore. “Currently, the ER program itself is drastically short of the funding necessary for all the eligible

Municipals were little changed Tuesday outside of bumps on the front end, as U.S. Treasury yields rose slightly and equities ended mixed. The two-year muni-to-Treasury ratio Tuesday was at 65%, the three-year at 66%, the five-year at 67%, the 10-year at 66% and the 30-year at 83%, according to Refinitiv Municipal Market Data’s 3 p.m.

A sales tax hike to fund affordable housing in Denver would appear on the November ballot under a plan unveiled Monday by Mayor Mike Johnston.  The proposal, which calls for a 0.5% tax increase to raise about $100 million annually, comes just two weeks after the city council approved placing a 0.34% sales tax hike

The Biden administration awarded $504 million in grants last week to a dozen tech hubs across the country to scale up the production of critical technologies and create jobs in innovative industries. The tech hubs are part of a push by the administration to accelerate domestic growth in industries such as biomanufacturing, clean energy, artificial

A year after committing to the funds, the Biden administration Monday inked the formal grant agreement that, along with low-interest federal loans, make up a $11.7 billion package for the Hudson Tunnel megaproject. The money marks the largest federal transportation grant in American history and will allow construction to begin as soon as this month