President Donald Trump signed into law a one-year extension of surface transportation funding just as it was expiring, providing a much-needed though temporary shot of assurance to states and other stakeholders as they look to the future. The continuing resolution prevents a government shutdown in the absence of regular appropriations legislation, after its 84-10 passage in the Senate and 359-57 in the House.

Wildfires on the West Coast and a seemingly unending train of hurricanes threatening the coasts along the Atlantic Ocean and the Gulf of Mexico provided an unmistakable sense of urgency as sustainable finance leaders from around the world converged online last week for the first virtual Climate Week NYC.

The U.S. economy should continue to recover from the coronavirus-induced recession even if Congress puts off consideration of additional fiscal stimulus to 2021, Federal Reserve Bank of St. Louis President James Bullard said.

The National Association of Bond Lawyers has released a new paper on bond financing laws for charter schools that highlights how the enabling laws vary sometimes significantly by state. The NABL paper is more of a guide to high-level issues that need to be considered rather than a comprehensive checklist of this growing part of the public finance sector.