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Making Headlines in Government Markets This Week
FAA launches massive air traffic control modernization plan
Federal officials are planning an overhaul of air traffic control. The U.S. Department of Transportation is embarking on an ambitious effort. Transportation Secretary Sean Duffy recently unveiled the initiative to redesign the nation's air traffic control...
USDOT commits $3.2B to infrastructure
The federal government is taking a department-wide approach to funding infrastructure projects throughout the nation. The U.S. Department of Transportation (USDOT) announced more than $3.2 billion in funding for 180 infrastructure projects, seeking to push out...
DOE suspends clean energy requirement for federal buildings
Investors in conventional energy and construction engineers may find temporary relief in federal building projects—at least for now. The Department of Energy (DOE) announced a one-year pause on a Biden-era rule requiring a 90% reduction in on-site fossil fuel use by...
Virginia streamlines process for major corporate projects
Virginia has launched a business accelerator to help it compete for high-profile investment projects. The Made in Virginia Investment Accelerator (MVIA) is intended to coordinate state agencies for an efficient and expedited client journey by delivering...
$53B Missouri budget targets education, workforce and World Cup
Education, workforce development and infrastructure win out as Missouri’s government prepares for the World Cup in 2026. The Missouri legislature approved a new operating budget for fiscal year (FY) 2026, narrowly avoiding the constitutional deadline. While lawmakers...
Profiles in Power: Andy Gipson, Mississippi Commissioner of Agriculture and Commerce
Andy Gipson - Commissioner of Agriculture and Commerce, State of Mississippi My public career highlights and education: I attended Mississippi College, where I double majored in history and political science and Christian studies. I learned a lot about public service...
$77.8B Washington budget targets health care, housing
The Washington state legislature has passed a comprehensive budget for fiscal years (FY) 2025-27, narrowly avoiding the end of the legislative session. The new biennial budget, approved just hours before the deadline, will inject $77.8 billion into Washington’s...
D.C. announces $4B stadium deal to bring Commanders home
Lawmakers in the District of Columbia are announcing an agreement to construct a new multipurpose complex, stadium and prospective home for the Washington Commanders. The new agreement, announced by Mayor Muriel Bowser and team ownership, will kickstart a nearly $4...
Pennsylvania tackles aging water systems with $242.8M boost
Pennsylvania is continuing to turn on the tap for clean water projects, following a $1 billion wave of investment over the past year. The Commonwealth recently announced a major investment of $242.8 million to upgrade drinking water and wastewater systems across the...
Hawaii passes $39.7B budget with education, infrastructure focus
Hawaii lawmakers have concluded their budget negotiations, finalizing a $39.7 billion spending package for the next two fiscal years. After extensive discussions between House and Senate leadership, the compromise version of House Bill 300 establishes the financial...
Urban areas race to build infrastructure for returning residents
America's cities are bouncing back after the pandemic saw migration away from the largest urban areas. Metropolitan areas have added nearly 3.2 million people between 2023 and 2024—a growth rate of 1.1% that slightly outpaces the national average, according to new...
Utah district approves $238M bond for new schools
Utah’s Alpine School District Board of Education has unanimously approved a $238 million lease revenue bond to construct a new high school in Saratoga Springs and a new elementary school in Eagle Mountain. Alpine is the state’s largest public school district, serving...
California tackles homelessness with $119M rural housing initiative
California Gov. Gavin Newsom and the state’s Department of Housing and Community Development (HCD) have announced $118.9 million in federal funding. The money is intended to expand affordable housing and supportive services across 29 rural and tribal communities in...
NTIA extends $42B BEAD program proposal deadlines
The National Telecommunications and Information Administration (NTIA) has extended the deadline for Broadband Equity, Access and Deployment (BEAD) Program final proposals by 90 days. The extension changes the deadline from 365 days to 455 days after initial approval...