Fishermen in the small town of Cape May, New Jersey, are at the epicenter of a legal challenge that could reshape the landscape of federal agency authority. The fishermen are challenging the entrenched “Chevron” doctrine, which for years has afforded deference to government agencies with respect to reasonable interpretation of ambiguous statutes. The US Supreme … Continue Reading
In September 2023, select leaders participating in the G20 Summit announced plans to develop the India-Middle East-Europe Economic Corridor (IMEC). The project aims to develop two integrated corridors – one connecting India to the Arabian Gulf, and one connecting the Arabian Gulf to Europe – with new ship-to-rail transit networks, undersea telecommunication cables, and a … Continue Reading
Despite the Bipartisan Infrastructure Bill’s historic $1.2 trillion investment in U.S. infrastructure, the American Society of Civil Engineers estimates an additional $2 trillion is needed to repair our deteriorating infrastructure. The federal government cannot address U.S. infrastructure funding needs alone. The Federal Infrastructure Bank (“the Bank”) would work directly with states and localities to identify … Continue Reading
For the first time, the Export-Import Bank of the United States (EXIM) will make its existing financing programs available to export-oriented domestic manufacturing facilities and infrastructure projects. The Make More in America Initiative was unanimously approved by the EXIM Board of Directors in April 2022, and had support from the National Association of Manufacturers (NAM), … Continue Reading
This week, former US Secretary of Transportation Rodney Slater appeared on Bloomberg Radio to discuss the latest state of play on President Biden’s proposed infrastructure deal and the importance of infrastructure investment in the future of US competitiveness and prosperity.… Continue Reading
In Pittsburgh, Pennsylvania on March 31, President Joe Biden outlined his vision to reimagine and rebuild a new economy. Focused on The American Jobs Plan as a US$2.25 trillion investment in the US that “will create millions of good jobs, rebuild our country’s infrastructure and position the US to out-compete China,” he outlined to the … Continue Reading
Nearly 90 years after the launch of the New Deal, the Biden Administration is setting out plans for unprecedented investment in modernizing the US infrastructure, producing clean energy, and focusing on sustainability and equity – plans that are at the heart of the administration’s recovery program. Amid all the fanfare, the key questions for the … Continue Reading
January 20, 2021, marked the official start of the Biden-Harris Administration and Day One of putting the new administration’s “Build Back Better” plan into action. Leading up to the first day of this historic US administration, members of our Southeast US Public Policy team, Amol Naik and Austin Harrison, along with former US Congressman for … Continue Reading
Businesses of all sizes should consider how the Biden Administration’s “Build Back Better” economic plan would affect international supply chains. His strategy to revitalize the American economy rests on two pillars: strengthening Buy American provisions and reforming the tax code to incentivize domestic production.… Continue Reading
Just days after Boris Johnson’s well-received 10 point plan for a Green Industrial Revolution, now it is the turn of Rishi Sunak to talk infrastructure. For those of us with a particular interest in infrastructure, transport and energy developments, there are a number of highlights from Rishi’s announcements today. Those with an interest in infra … Continue Reading
President-Elect Joe Biden’s recent presumed victory in the general election will push forward major shifts in US policy across a wide array of issues, including transportation and infrastructure. Broadly, Biden and his transition team have indicated a desire to work with Congress in early 2021 to enact a large-scale infrastructure package, which would include what … Continue Reading
It’s not what you look at that matters, it’s what you see.” – Henry David Thoreau In an October 27 episode of the Bond Buyer Podcast, our colleagues Rodney E. Slater (former US Secretary of Transportation) and Alethia Nancoo shared the opportunities that they see for the future of US highways, toll roads, railways … Continue Reading
Are you an American company interested in doing business in emerging and developing markets, but concerned about the risk they present?… Continue Reading
Should the first piece of legislation for the next US president be an infrastructure bill? Is the Fourth Industrial Revolution going to alter infrastructure development as we know it and how? What opportunities lay ahead for US infrastructure?… Continue Reading
Five weeks after passing the US$3 trillion HEROES Act, House Democrats are moving to pass a companion measure, the Moving Forward Act, that would add another US$1.5 trillion by funding an array of national infrastructure projects and related Democratic priorities. The bill is expected to be taken up on the House floor prior to Independence … Continue Reading
President Donald Trump and congressional Republicans are being pressured by anti-establishment organizations to provide no further federal spending in response to the coronavirus. But the president and his team appear poised to move in the opposite direction, having recently revealed plans to put forth a US$1 trillion national infrastructure spending blueprint in the coming days … Continue Reading
President Donald Trump issued an executive order (EO) Thursday directing federal agencies to streamline their permitting processes to allow for expedited movement on infrastructure projects as a means of contributing to a swift recovery of the American economy as states and US territories emerge from their coronavirus-driven lockdowns. The president’s order came as policymakers prepared … Continue Reading
Legislative Activity Congress Begins Evaluating FY 2018 Transportation Appropriations This week, the House and Senate Appropriations Subcommittees on Transportation, Housing and Urban Development, and Related Agencies will hold hearings on FY 2018 appropriations for the U.S. Department of Transportation (DOT). Transportation Secretary Elaine Chao will testify on Tuesday at the Senate Subcommittee hearing and on … Continue Reading
Legislative Activity President to Highlight Infrastructure Initiative This Week President Trump will hold several events this week intended to increase support for his Infrastructure Initiative presumably by providing more details about the proposal. On Monday, the President will make an announcement at the White House with House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) … Continue Reading
Legislative Activity President’s Budget Expected this Week President Trump is expected to release his FY 2018 budget this week, and transportation stakeholders are eager to see whether the full budget includes cuts to transportation programs with bipartisan Congressional support that were included in the President’s “Skinny Budget” released in March. In particular, the Skinny Budget … Continue Reading
Legislative Activity This Week is Infrastructure Week May 15 – 19 is Infrastructure Week, with numerous events being held in Washington D.C. and around the country in an effort to increase support for investing in the country’s infrastructure. Infrastructure Week’s kickoff event will be held the morning of Monday, May 15, at the U.S. Chamber … Continue Reading
Legislative Activity Senate Appropriators Send Letter to Government Accountability Office on Automated Vehicles On Wednesday, April 26, Sens. Susan Collins (R-ME) and Jack Reed (D-RI), the Chairman and Ranking Member of the Senate Committee on Appropriations Subcommittee on Transportation, Housing, and Urban Development, sent a letter to the Government Accountability Office regarding the impacts of … Continue Reading
Legislative Activity Mulvaney: Infrastructure Bill Might Include $200 Billion in Direct Spending Last week, the Office of Management and Budget (OMB) Director Mick Mulvaney said that the Administration’s proposed FY 2018 budget could include $200 billion for infrastructure with the understanding that it would be leveraged at a 5-to-1 ratio to spur more than $1 … Continue Reading
Legislative Activity Infrastructure Bill Could be Packaged with Tax Reform There has been considerable discussion on the Hill and in the Trump Administration about the prospects of combining a large-scale infrastructure bill with comprehensive tax reform. Treasury Secretary Steve Mnuchin recently met with the Problem Solvers Caucus, a group of 20 Democrats and 20 Republicans … Continue Reading
