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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The directive appears to apply to discretionary grant programs and not state formula funds.
February 6 -
The muni industry is trying to get to the bottom of questions around how the House arrived at savings estimates for eliminating the tax exemption.
February 4 -
The Treasury department aims to stand it up within the next 12 months.
February 4 -
From two Colorado lines to more Amtrak service, Southwest states are advancing passenger rail projects, but the Trump administration may slow that roll.
February 4 -
A group of Democratic states Thursday filed a fresh motion for an injunction, arguing the administration may continue to freeze federal funds despite the recission.
January 30 -
Municipal market advocates plan to use the data to support the case to Congress for preserving the tax exemption.
January 30 -
The ruling came as the White House issued follow-up guidance saying only affect a portion of federal funds would be affected and that the pause could be as brief as a day.
January 29 -
A group of Democratic states as well as a national association representing not-for-profit organizations said they would sue to block the move.
January 28 -
The former U.S. Representative has said he would focus on road safety and cutting red tape.
January 28 -
The president suggested federal aid could be sent directly to states instead of through FEMA.
January 27 -
As Republicans hash out their promised tax package, the debate over the bill's scoring method carries implications for tax-exempt municipal bonds.
January 24 -
The bill, which would enact on the federal level similar pro-gun legislation adopted by many Republican states, has gained 21 co-sponsors, including Senate Finance Chair Mike Crapo, R-Idaho.
January 23 -
There are eight municipal bond interval funds, three of which launched last year, promising fewer liquidity constraints and the potential for higher returns.
January 22 -
The House document outlining potential policy changes focuses heavily on the healthcare sector to generate savings.
January 21 -
Sources on the Hill indicate that whatever gets cut will come from that list. But that doesn't mean that everything on the list is going to get cut.
January 17 -
Among the materials for lawmakers is a new report estimating the tax exemption saves issuers $824 billion through 2035.
January 17 -
With losses expected to be measured in the tens or hundreds of billions, the municipal finance industry begins to take stock of the Los Angeles-area wildfires.
January 17 -
It could be the year's largest unrated municipal bond deal.
January 16 -
The former congressman from Wisconsin saw bipartisan support Wednesday during a friendly Senate confirmation hearing.
January 16 -
Lifting the SALT cap is one of several thorny issues Republicans hope to iron out as part of a larger reconciliation bill by March.
January 14
