Lynn Hume

It's important and constructive to talk about these kinds of alternatives to advance refundings, market participants said.

Bond Dealers of America urges the House Ways and Means Committee to take up and pass a bill that would restore advance refunding bonds according to prior law.

Congress' deficit-raising actions have made it more likely that munis would be targeted for cuts to raise revenues in infrastructure or other future bond-related legislation.

With the deep cut in the corporate tax rate and rising interest rate, banks are rethinking their investments in municipal securities.

The collapse of the pedestrian bridge in Florida and resulting focus on its federal funding shouldn't impact the TIGER program, transit officials said.

Transit officials from across the nation meeting here this week said the president's proposed budget cuts don't track with his rhetoric on infrastructure.

The House has approved similar municipal securities and Puerto Rico provisions, but has wanted more sweeping bank deregulation legislation than the Senate.

Democrats are frustrated that President Trump's infrastructure plan would require state and local governments to come up with the majority of funds for infrastructure projects.

Concerns about Trump's infrastructure plan and the president's proposal to eliminate TIGER grants surface at Senate Commerce Committee panel hearing.

The Municipal Securities Rulemaking Board must conduct a test of its business continuity and disaster recovery plans at least once every 12 months.