Leading off this newsletter are two pieces on the Trump administration’s signals about where they intend to spend some of the U.S.’ infrastructure dollars. The fiscal 2027 budget request will get picked over plenty in the near future, including during next week’s D.C. fly-ins by water industry and public transportation stakeholders. Among the hot topics on their agendas: State revolving funds, data centers’ thirst for water and the reauthorization of funding for surface transportation programs. We’ll have plenty to report on that in the future; for now, enjoy the lineup below—which includes a closer look at our collective shortage of skilled tradespeople.

— Geert De Lombaerde