As the nation grapples with the aftermath of a contentious election and soaring national debt, the key legislative accomplishments of the Trump administration have come under scrutiny. Lawmakers and lobbyists alike are now reassessing their positions and strategizing on the best way forward. The expiration of provisions in the Tax Cuts and Jobs Act has
Politics
The recent passing of the Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy Act in the U.S. Senate marks a significant milestone in the advancement of nuclear energy technologies. This bipartisan legislation aims to streamline the regulatory process for licensing advanced nuclear reactor technologies and accelerate the deployment of next-generation nuclear projects. With a
The proposed extension of the Brightline train to Tampa has garnered a significant amount of support from various planning and transportation organizations. The Suncoast Transportation Planning Alliance and Central Florida Metropolitan Planning Organization Alliance have both unanimously approved a resolution calling for the expansion of transit and rail options along the Interstate-4 corridor. This move
Federal Reserve Bank of Philadelphia President Patrick Harker emphasized the importance of remaining data-dependent in determining the timing and number of rate cuts this year. According to Harker, basing decisions on incoming data is crucial in navigating uncertainty and ensuring that inflation returns to target levels in a sustainable manner. This approach reflects a cautious
Federal Reserve Bank of Cleveland President Loretta Mester recently expressed her concerns regarding inflation risks, stating that she still sees them as tilted to the upside. Despite some positive news in the latest data, Mester believes that the risks to inflation remain elevated. In an interview at Bloomberg’s New York office, she also mentioned that
Indianapolis Mayor Joe Hogsett’s recent announcement about pursuing a Major League Soccer team for the city has raised questions about the previous plans for a new stadium development led by Ersal Ozdemir, owner of the Indy Eleven, the city’s United Soccer League team. Despite initial concerns that the Mayor’s MLS pursuit might overshadow the existing
House Republicans have recently accused the California Public Employees’ Retirement System (CalPERS) of being involved in a “climate cartel” that collaborates with other investors to push companies to reduce their carbon footprint. This accusation stems from the ongoing scrutiny of environmental, social, and governance (ESG) investment practices by the Subcommittee on Antitrust, Commercial and Administrative
Houston’s proposed settlement with its firefighters union took a step forward as the city council authorized the issuance of $650 million in general obligation judgment bonds. This decision comes as part of a larger plan to resolve an eight-year contract impasse and ongoing litigation in Harris County District Court. Mayor John Whitmire has been a
The Government Finance Officers Association (GFOA) based in Washington, D.C. is setting the stage for the upcoming major tax policy debate by planting the seeds of municipal market priorities. With the high-stakes national election looming ahead, the GFOA aims to influence key decision-makers and ensure that their agenda is at the forefront of discussions. Emily
A new and exciting public-private partnership is on the horizon for the University of Maryland’s main College Park campus. A $345.5 million green revenue bond issuance for the NextGen Energy Project is set to hit the primary market next week. With the help of conduit issuer Maryland Economic Development Corp. and sole manager Wells Fargo