Scott Sowers is a reporter based in the Washington, D.C., Bureau where he covers ESG issues, cyber-crime, lobbying, and taxation. Prior to joining The Bond Buyer he freelanced for The Washington Post, The New York Times and The Atlantic writing about real estate. Other areas of expertise include architecture, design, energy, housing policy, automotive, and the utilities.
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Public power energy providers are moving forward with using elective pay to boost investment in nuclear energy while electrifying small town and rural areas.
By Scott SowersMay 9 -
The Commercial Metals Company and the West Virginia Economic Development Authority took a chance by coming to market with a tax-exempt $150 million junk-rated private activity bond sale financing a scrap metal steel mill during uncertain times for the construction industry.
By Scott SowersMay 8 -
The U.S. Department of Transportation rolls out $3.2 billion via 329 infrastructure grants that will fund more than 3,200 projects that the agency contends were tangled up in red tape and DEI requirements.
By Scott SowersMay 6 -
Despite a downgrade by Moody's Ratings in April, Washington, D.C., went to market early and emerged with an oversubscribed revenue and refunding bond issuance of nearly $1.5 billion.
By Scott SowersMay 5 -
As cutting the federal budget resonates as a central theme in the Trump administration, the Department of Transportation is getting a boost in appropriation proposals.
By Scott SowersMay 2 -
Falling financial dominoes started by a continuing resolution passed by Congress is leading to budget delays and the threat of a lawsuit by City Council as Washington prepares for a nearly $1.5 billion bond issuance.
By Scott SowersMay 1 -
Attracting more private investment to the affordable housing sector is becoming more urgent with the reintroduction of a bill in the Senate that could spur the use of private activity bonds.
By Scott SowersApril 30 -
The mayor of Washington and the managing partner of the Washington Commanders laid out a plan for bringing a $3.7 billion stadium to the city via a mixed use development financed by a combination of private and public money.
By Scott SowersApril 29 -
S&P revised the outlook for the Maryland Transportation Authority's outstanding revenue bonds to negative from stable due to the timing of the federal funding needed to rebuild the Francis Scott Key Bridge that was damaged by a cargo freighter in March 2024.
By Scott SowersApril 28 -
Tariffs imposed by the Trump administration are already affecting port operations as Moody's has revised the U.S. ports sector to a negative outlook reflecting an expected 7%-12% decline in volume.
By Scott SowersApril 25