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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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 -
The Tax Policy Center examined which cities and states would be the most affected if Congress eliminates the tax exemption.
March 14 -
Alaska, California, Hawaii, Washington, Louisiana and New York have the worst-performing, least cost-effective roads and bridges, according to Reason Foundation's latest report.
March 13 -
The government funding measure now heads to the Senate where it needs Democratic support to pass.
March 12 -
The BDA met last week ahead of the House Ways and Means launching talks on what the reconciliation tax package may include.
March 11 -
In 2017, the BDA hired a lobbying firm as Congress wrote a tax reform bill. This time, the group opted for a strategic communications firm.
March 10 -
A united Republican vote for the continuing resolution could indicate the GOP's ability to gather support for the more complex reconciliation bill.
March 10 -
New York Judge Andrew Borrok said a ruling on the summary judgments could come by late April after "a lot of sitting and writing and thinking."
March 5 -
Senate GOP leaders also aim to make the TCJA tax cuts permanent, which would raise the costs of tax reform unless a new scoring method is adopted.
March 5 -
The Trump administration wants to shed federal office space, and bonds backed by those leases are feeling the heat.
March 3 -
It marks a major step forward for the long-stalled high-speed train project between Dallas and Houston.
February 27 -
The Senate hearing comes as lawmakers start to shape the next surface transportation bill.
February 27 -
The House now needs to negotiate a final budget resolution with the Senate, whose leaders have said they want to make the TCJA permanent.
February 26 -
The unpredictable nature of legislating leads most to holding off on disclosure changes until a bill becomes a law.
February 24 -
The Trump administration singled out the Las Vegas-Los Angeles bullet train for praise Thursday, the same day the deal priced.
February 21
