The Federal Open Market Committee (FOMC) recently withheld any intention of changing interest rates, keeping them firmly nestled between 4.25% and 4.5%. While some may label this decision as prudent caution, it is a sorely misguided approach that not only fails to grasp the gravity of the current economic climate but also risks stalling momentum
Politics
The U.S. Department of Transportation (DOT) is moving decisively to unleash a torrent of funding for long-stalled infrastructure projects, a move that is both refreshingly pragmatic and crucial for the nation’s growth. U.S. Transportation Secretary Sean P. Duffy pointed out that prior funding efforts were shackled by excessive and burdensome diversity, equity, and inclusion (DEI)
In an electrifying moment for New York’s public transportation future, Janno Lieber, the CEO of the Metropolitan Transportation Authority (MTA), expressed excitement over a landmark budget deal that would address a staggering $31 billion gap in the MTA’s capital program. Such initiatives underline the colossal struggle that the MTA faces in meeting the infrastructure demands
As President Trump unveils a leaner budget proposal filled with $163 billion in cuts, a whirlwind of turbulence engulfs the aviation sector. Among industry advocates, the House Transportation and Infrastructure Committee’s approval of $12.5 billion for modernizing air traffic control systems stands out. Yet, beneath these seemingly promising developments lies a deep-rooted crisis that threatens
The recent decisions made by the House Transportation and Infrastructure Committee reflect a troubling trend in how our nation approaches infrastructure financing. On one hand, there is a clear recognition of the need to reinforce the Highway Trust Fund (HTF), which has been teetering on insolvency for years; on the other hand, the methods chosen
The ongoing housing crisis in America has reached a boiling point that demands immediate action. With home prices skyrocketing and affordable housing becoming a distant dream for many families, the need for comprehensive reform has never been so dire. The recent reintroduction of the Affordable Housing Credit Improvement Act (AHCIA) presents a glimmer of hope,
The recent executive order issued by President Donald Trump, aiming to identify and penalize so-called “sanctuary cities,” showcases an escalating confrontation between federal authority and local governance. This move not only exemplifies a volatile political climate but also raises significant questions about the balance of power between federal and state jurisdictions. With an impressive number
In a significant yet contentious development, Washington state legislators narrowly approved a sweeping budget proposal totaling $77.9 billion. Approved during an intense weekend session, lawmakers faced an uphill battle as they scrambled to address an eye-watering projected deficit of $16 billion over the next four years. This budget, however, presents a disturbing mixture of tax
The recent intervention by Oregon and eleven other states against President Trump’s tariffs marks a pivotal moment in American governance, one that could redefine the balance of power between the executive branch and Congress. When Oregon’s Attorney General, Dan Rayfield, stepped forward with the lawsuit—State of Oregon, et al, v. Trump, et al—he effectively challenged
Navigating the waters of financial regulation is no easy feat, particularly in the complex landscape of municipal securities. At the helm of this intricate system is the Municipal Securities Rulemaking Board (MSRB), a self-regulatory organization that ensures the smooth functioning of the municipal securities market. Recently, the board held its quarterly meeting to assess key