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The measure would fund 40,000-plus homes to address the state's persistent supply gap, supporters say. Time is tight to qualify it for the June election.

"We're starting off from a really high tax equivalent yield and that really starts the market from a position of strength," said Matt Norton, CIO for municipal bonds at AllianceBernstein.

A handful of former Fed officials noted that the markets' measured response to a probe into Fed Chair Jerome Powell was a result of pushback from Trump allies.

The tax reform costs will be offset by reductions in certain government spending, application of excess revenues that are coming in, and elimination of certain tax exemptions.

Roosevelt & Cross president and executive director of public finance Elaine Brennan receives the 2025 Freda Johnson Award for the private sector.

Connecticut Health and Educational Facilities Authority executive director Jeanette W. Weldon receives the 2025 Freda Johnson Award for the public sector.

As Congress hammers away on a surface transportation bill, counties are fighting for a seat at the table while reckoning with dwindling gas tax revenues.

The Maryland Department of Transportation's acting secretary said the bill would provide "greater transparency and accountability in transportation spending decisions."

Pending city council approval, the February competitive bond sale would be the first issuance from $950 million of debt authorized by voters on Nov. 4.

The top 10 issuers accounted for $76.889 billion of the total issuance for the year, or 13.5%.