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The incoming Biden administration last week proposed direct federal aid of $350 billion to state and local governments as part of a proposed $1.9 trillion coronavirus relief bill.
January 19 -
Donald Trump's departure from the White House will do little to heal the rift between the right and left, but this is still the best chance muni advocates have had in many years.
January 19The Bond Buyer -
In addition to direct aid, they would get money for vaccinations, education, transit, housing, Medicaid, LIHEAP, and TANF.
January 15 -
President-elect Joe Biden's cabinet picks include the governor and Boston Mayor Marty Walsh, the latter for Labor Secretary.
January 8 -
The former South Bend, Indiana mayor understands the needs of state and local governments, though he lacks experience running a large organization.
December 16 -
Though President-elect Joe Biden has not provided specifics on the financing of his infrastructure agenda, sources say he will take an "all of the above" approach.
November 30 -
The incoming administration chose a battle-tested policymaker who can draw on her nearly two decades at the Fed to help rebuild an economy still struggling from the coronavirus pandemic.
November 30 -
Municipal finance is not a top-tier issue for treasury secretaries, but Yellen has taken a strong stance for more direct aid to state and local governments during the pandemic.
November 24 -
With Yellen in charge, Biden’s Treasury Department will be prepared to join Fed Chairman Jerome Powell’s policy of lower-for-longer interest rates with extended, expansionary government spending.
November 24 -
President-elect Joe Biden plans to nominate former Federal Reserve Chair Janet Yellen to serve as his Treasury secretary.
November 23