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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Easing federal wetland standards could spark a “race to the bottom” as newly polluted water would flow into downstream states, a group of largely Democrat-led states argued in a Supreme Court brief.
June 21 -
Dave Erdman has become one of the top issuer voices in the public finance community. As he heads off this summer into the private sector, Erdman reflects on his time on the GFOA's influential debt committee. Caitlin Devitt hosts. (14 minutes)
June 21 -
The finance team is already lined up for the first of multiple issuances of bonds to help launch the first phase of the $9.5 billion New Terminal One project.
June 17 -
It's the third time this month that the SEC has announced charges against city officials for disclosure-related violations.
June 17 -
The move to take back local control came a few months after new leadership took the helm at the airport.
June 15 -
Republicans contend the $1.9 trillion injection of cash sparked inflation while Democrats say it saved lives and a collapsing economy.
June 14 -
The departure comes amid Spanish reports that financing for what aims to be the nation's first bullet train is "in hibernation."
June 14 -
The White House released proposed rules for the $7.5 billion electric vehicle charging network program as gas prices in the U.S. hit another record high.
June 10 -
MTA finance director Pat McCoy said issuers need to ask if they are prepared to deal with the requirements attached to federal money.
June 8 -
Issuers need to be careful with bonds specifically marketed as green, said the head of Office of Municipal Securities.
June 7 -
Republicans, who argue pandemic aid is partly to blame for inflation, have said the large aid packages came with too few guardrails.
June 7 -
A decades-old policy position on taxable debt and recommendations for issuance of variable-rate debt were among the issues taken up by the GFOA's debt committee.
June 6 -
The finance director of Aurora, Colorado, takes over as the association's president amid an uncertain post-pandemic landscape.
June 3 -
Turner & Townsend aims to double its North American growth by 2025 as the Infrastructure Investment and Jobs Act is rolled out.
June 2 -
Even as the U.S. deal pipeline builds, public pension funds still need to look outside the country when they want to invest in infrastructure.
June 1 -
The boutique consultancy firm, which focuses largely on transportation infrastructure, is growing "modestly" amid an uptick in federal funding.
May 26 -
A pipeline of projects is building as infrastructure dollars begin to flow to states.
May 25 -
The December 2020 supplemental aid package provided $9.8 billion directly to state departments of transportation, the only direct stimulus that DOTs received.
May 24 -
The latest Congressional effort challenging the state and local tax deduction cap would stop the IRS from restricting state legislation that offsets the policy.
May 23 -
The temporary injunction halts all work on Pennsylvania's $2.2 billion Major Bridges program.
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