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President Donald Trump’s nominee to lead the U.S. Federal Reserve may have to wait until after Thanksgiving for his Senate confirmation hearing.

The city still plans to refund its outstanding water debt under its own revenue bond credit.

The Treasury Department Tuesday auctioned $20 billion of 364-day bills at a 1.485% high yield, a price of 98.498500.

Cumberland County's debt management committee approved moving forward with the issuance of general obligation school bonds.

Municipals continued to strengthen as the first of the week's issuance starting to roll in on Tuesday, including the second biggest deal of the week.

Issuers were honored in eight categories, and all the award winners are also finalists for the national Deal of the Year award, which will be announced at a Dec. 6 ceremony held at 583 Park Avenue in New York City. The winner will also be revealed online at BondBuyer.com later that evening.

The House GOP bill, if passed, would lower feasibility of P3s, Fitch said.

“We have to get an energy grid up there that will survive the test of time,” Rep. Rob Bishop, R-Utah, said about Puerto Rico.

Municipal yields were down by as many as seven basis points amid concern that tax reform may crimp supply.

Advance refundings were 27% of market last year, PABs were 19% and most were 501(c)(3)s.