Lynn Hume has been Washington Bureau Chief for The Bond Buyer, the authority on the $3.7 trillion muni bond market, since 2007. Before that she was Regulatory Affairs Editor and a reporter for the paper, covering tax, securities and derivatives market practices, regulation, legislation and enforcement. For three years before joining The Bond Buyer, she was a staff investigator for the House Government Operations Committee�s subcommittee on energy and the environment, and dealt with such issues as U.S. oil emergency preparedness, the ban on Libyan oil products, regulation of mixed chemical and nuclear waste at federal defense facilities and federal oversight of nuclear fuels plants. Lynn was a reporter for McGraw-Hill Publications for eight years prior to moving to Capitol Hill, covering energy, environmental and other issues for several of its newsletters, magazines and Business Week.
The municipal bond market will be hurt less than expected by the tax bill with the retention of private activity bonds, but will still be hurt by the loss of advance refundings and the huge reduction in the corporate tax rate to 21%.