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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Incoming House Democratic caucus chair Pete Aguilar was a California mayor and served on the League of California Cities, bringing the kind of local experience that's considered helpful to muni market interests.
December 1 -
The proposed amendment to Rule G-3 is designed to promote diversity and inclusion in the muni market.
December 1 -
Former state transportation official Shailen Bhatt, if confirmed by the full Senate, would play a key role in the rollout of highway funds in the bipartisan infrastructure law.
November 29 -
With more federal money flowing to airport terminal projects under the infrastructure law over the next five years, Transportation Secretary Pete Buttigieg said he "wouldn't be surprised to see strong applications" from O'Hare.
November 22 -
More than two years after COVID derailed three JFK Airport's high-profile terminal deals, the final project is now on track for groundbreaking early next year.
November 18 -
Puerto Rico Gov. Pedro Pierluisi told lawmakers he would not support a PREPA debt settlement that would cause "extraordinary increases in the cost of electricity."
November 18 -
The DOT's federal financing pipeline has mushroomed in recent years, as has the type of projects being financed.
November 16 -
Nixon Peabody attorney Roderick Devlin joins Caitlin Devitt to talk about asset recycling, a niche market in the public-private partnership world. Devlin explains what asset recycling is — and is not — as well as the sector's state of play in the U.S. and where it might be headed. (32 minutes)
November 15 -
New York-based Anne Tricerri took a circuitous route to becoming Fitch Rating's director of global infrastructure and project finance.
November 14 -
Republicans critical of the infrastructure law won't be able to stop the flow of federal funds, even if they win the House.
November 11 -
With midterms over, the action now turns to lame-duck legislation that may impact the muni market.
November 9 -
Republican control of the House would bring leadership changes to key finance and tax-writing committees that affect the municipal bond market.
November 8 -
Federal emergency aid, while protecting against downgrades and defaults in areas hit by extreme weather, won't bail out areas that face less visible climate effects like rising heat.
November 7 -
A lack of standards from regulators and ratings agencies leaves municipal credit analysts "on their own" when it comes to evaluating climate-related risks.
November 4 -
Federal infrastructure dollars continue to support driver-related programs, now with an emphasis on reducing tailpipe emissions.
November 2 -
Suzanne Shank cultivated a startup into the largest minority- and women-owned investment banking firm in the country.
October 31 -
The $53 billion Army Corps of Engineers plan is the largest of hundreds of coastal protection projects launched since Superstorm Sandy swamped the area in 2012.
October 28 -
American Rescue Plan Act dollars amounted to around 22% of states' annual general fund budgets, according to a court filing from a trio of southern states fighting ARPA's restriction on tax cuts.
October 26 -
As issuers push against a financial disclosure bill pending in the Senate, some buy-siders say standardized disclosure would attract more investors and boost liquidity.
October 25 -
Massive mutual fund selloffs this year have returned the market to a pre-1976 investor landscape, when portfolios focused on individual demand, said MMA's Tom Doe.
October 21
