Washington DC

Sen. Susan Collins introduced the SALT Deduction Fairness Act last week, the latest effort to restore a full income tax deduction for state and local taxes.

The nation's top court may well have to weigh in on the constitutionality of the strings attached to the federal pandemic aid.

President Biden's budget would allow large transit agencies to divert formula capital grants to operations in 2024, a move that one transit official said may hurt smaller agencies.

The Securities and Exchange Commission proposal would require all market entities to implement policies and procedures to address cybersecurity risks.

Finding matching dollars, politics, and competition turns up the heat on state officials.

The fall of Silicon Valley Bank is forcing regulators to take a closer look at asset structure and the integrity of depository institutions, which will likely include the issuers of securities.

The MSRB intends to file proposed amendments to Rule G-12 on uniform practice with the SEC and move forward with draft amendments to Rule G-32 on primary offering disclosures.

Yakym takes over from the late Jackie Walorski, who passed away unexpectedly last August.

President Biden's proposed budget contains a change that many affordable housing advocates say would help make PAB financing go further.

The Australian toll road operator couldn't agree on terms with the state for the first phase of the project, which has been dogged by controversy and delays from the start.

On the policy front, the budget would allow large urban transit agencies to use federal capital grants for operating costs and gives states more private activity bond volume flexibility for housing.

The bill passed through the committee on a 21 to 17 vote, over fierce Democratic opposition.

After a brisk 2021 that saw a record number of P3 deals reach financial close, last year slowed to only 16 closings, according to Husch Blackwell's sixth annual P3 trends report.

Wildfires in western states are becoming more severe and costing more to fight.

A U.S. default would trigger a cascade of downgrades, including of municipalities, Moody's Analytics says.

The Ohio-based was underwriter on 47 limited offerings, violating the Commission's limited offering exemption.

Passing the Affordable Housing Credit Improvement Act could boost housing bond issuance.

Municipal securities could be exempt from the proposal and the Commission invites commenters to lay out why that should be the case.

Mark Cappell is the president of the National Federation of Municipal Analysts for 2023, its first bond insurer to take the role since 2009.

States will need to figure out how to build within the law, the DOT secretary said.