Caitlin Devitt

As ridership remains low, investors are closely watching for new funding streams and credits like the MTA's planned congestion tax-backed bonds.

The new governor and concessionaire on the $2.1 billion P3 have reached a revised deal that will lower tolls and provide a 15% equity contribution to the local area.

Brightline, a high-profile name in the speculative muni market, is set to come to market next week to remarket $675 million of 2020 bonds.

A federal judge rejected every one of Missouri's arguments for why SIFMA's lawsuit should be dismissed.

It's the third short-term spending bill Congress has passed since fiscal 2024 began Oct. 1.

Smaller issuers will find it easier to tell their stories to investors who are looking to customize their portfolios.

Increasing the costs for banks to hold municipal bonds would be passed down to cities and states in the form of higher financing costs, industry advocates said.

Coolidge joins Oppenheimer from UBS, which closed its public finance business in October.

When it comes to sectors, Miller said he likes charter schools, healthcare, land-secured debt and some industrial revenue bond positions.

The D.C.-area agency, unique among mass transit systems in that it has no dedicated operating funding, faces the same challenges as other transit agencies: fewer riders and federal support.

Roughly 70% of the grants will go to projects in disadvantaged areas.

Republicans are threatening to try to overturn the rule through the Congressional Review Act.

House Republicans want 2024 appropriations offset with cuts from "COVID-era slush funds."

"It's inevitable there will be spending cuts," said Emily Brock, federal liaison for the Government Finance Officers Association.

The Senate Committee on Homeland Security and Governmental Affairs unanimously passed the bill in October.

The climate rule aimed at cutting transportation-related greenhouse gas emissions will restrict investment in certain projects, said the states.

State departments of transportation are expected to boost their own funding during the third year of federal infrastructure support from the IIJA.

Despite federal restrictions, governments flush with stimulus funds funneled a significant amount toward pension plans in 2022, a new report found.

Increasing capital requirements for banks may incentivize them to buy Treasuries over other assets, including munis, said market participants.

The bill would require government agencies to undertake an independent audit and a public comment period before entering into P3s among other provisions.