Caitlin Devitt has covered the municipal bond market since 2008. She began her journalism career at the Herald Newspapers on the South Side of Chicago, starting as a reporter and rising to Managing Editor. While at The Bond Buyer, she covered the Detroit bankruptcy among other Midwest-based stories. Devitt joined Debtwire Municipals in 2016, where she covered the high-yield municipal bond market for five years, before returning to the Bond Buyer as Senior Infrastructure Reporter. She lives in Chicago with her family.
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House leaders will have to overcome dissent from conservative lawmakers, who say the Senate version is too watered-down.
April 7 -
Transportation Secretary Sean Duffy said there are about 3,200 announced projects that are awaiting formal grant funding agreements, 950 of which were announced right before President Donald Trump took office.
April 3 -
Fallout from the Legacy Cares deal includes bondholder lawsuits against the underwriter and bond counsel, payment defaults, a Chapter 11 bankruptcy, and now fraud charges from the SEC and DOJ.
April 2 -
Nebraska Rep. Don Bacon, a Republican, has penned a "Dear Colleague" letter asking lawmakers to publicly support tax-exempt municipal bonds.
April 1 -
Separately managed accounts have exploded in the muni market in recent years but high-yield SMAs remain rare.
March 21 -
The EPA's "termination of these grants appears to contravene a duly enacted statute," said U.S. District Judge Tanya Chutkan.
March 20 -
Mesirow's George Barbar said the group's top legislative focus is preserving the municipal bond tax exemption.
March 20 -
"If you're an issuer, this is fly-in season," said Jarrod Loadholt, partner at Ice Miller LLP. "Don't hope someone else is going to solve this for you — they're not."
March 19 -
Citibank, which holds the government funds, said it froze the money following a request from the FBI.
March 17 -
All of fiscal 2025 will be funded under a continuing resolution instead of the traditional appropriations package.
March 17
