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Congress might provide clarity by preventing states any state from imposing retroactive liability.

While munis turned in a mostly solid performance on Monday, a Charles Schwab & Co. report said they are less likely to outperform Treasurys in the second half.

The SEC issued separate administrative orders Monday stripping Malachi Financial Products of its muni advisory registration and barring Porter Bingham from the industry.

DTE Electric Co. is seeking a $537 million reduction in its taxable value, possibly threatening the county's credit rating.

Consumer credit rose $24.56 billion in May to $3.898 trillion, the Federal Reserve reported.

The MSRB is looking for public members, and specifically investors, to apply through Friday for spots on its board of directors.

The Vermont Municipal Bond Bank is expanding its individual investor outreach ahead of its newest transaction.

Arkansas sees an economic payoff for its $125 million of general obligation bonds that helped it land a $1.1 billion steel mill on the banks of the Mississippi River.

Danbury, Connecticut, has launched an investor relations website, BuyDanburyBonds.com, in advance of a $39 million sale of bonds and notes.

Munis were firm at mid-session as traders get set to see some much-anticipated supply hit the screens this week.