Washington

"Earlier this month, Chair [Jerome] Powell noted that there was no 'hurry' to cut rates," noted BMO Senior Economist Priscilla Thiagamoorthy. The minutes, she noted, "confirm a broad support for taking a more cautious approach in easing monetary policy."

APTA is pressing Congress to approve millions in relief funding for infrastructure spending related to natural disaster recovery.

Sen. Jodi Ernst, R-Iowa, who will chair a Department of Government Efficiency Senate caucus next year, wants to kill federal support for the California high-speed train.

The Commission credits its work this year partially to the willingness of market participants to self report and cooperate with investigations.

A hearing for four separate federal lawsuits seeking to block the congestion pricing plan is set for Dec. 20.

Scott Bessent, a hedge fund manager and noted Trump ally, is nominated for Treasury Secretary.

The Proposed Joint Rules leave many questions unanswered regarding the FDTA's ultimate impact on the municipal securities industry.

The tools come with risks, like legal challenges to "polluter pay" funds or potential corporate departures with cap-and-invest programs.

High-yield funds saw $608.9 million of inflows compared with inflows of $150.3 million the week prior.

The Republicans are using "magic math" to disguise the cost of extending the TCJA, Sen. Elizabeth Warren said.