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Washington - Taxation
Committee Recommends Senate Confirm Lew as Treasury Secretary
by: Jennifer DePaul
Tuesday, February 26, 2013
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The Senate Finance Committee on Tuesday voted 19 to 5 to recommend that the full Senate confirm Jacob Lew as the next Treasury Secretary.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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