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 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 -
"Who got rich off this project? Where did those billions of dollars go?" asked Transportation Secretary Sean Duffy in announcing the federal review of the controversial bullet train.
February 21 -
The DOT cited the use of the tolls for transit as one of its reasons to terminate.
February 19 -
Trump had promised during his campaign to terminate the electric vehicle charging station program.
February 19 -
Most federal lease debt has large bullet maturities that require refinancing, asset sales or a new lease to avoid default.
February 18