Washington DC

The Treasury has issued final ruling for the State and Local Fiscal Recovery Funds program, leaving the ban on the use of stimulus funds to offset tax cuts and furthering the battle of its constitutionality.

Public sector workforce challenges and diversity, equity, and inclusion are priorities for the new president.

Hammerman has spent more than 18 years with the group, participating in a number of important policy discussions about munis.

The proposed guidance, which restricts new highway capacity projects, may be applied to legacy programs like TIFIA as well.

Democrat-leaning states argue that the $10,000 SALT cap deduction is politically motivated and violates the U.S. Constitution.

The Municipal Securities Rulemaking Board has begun accepting applications for two regulated and two public board positions until Feb. 7.

The Internal Revenue Service and Department of the Treasury have released final guidance on the transition away from Libor, designating SOFR as an alternative rate.

Shawn Wooden has called for strengthening the Fed’s short term municipal lending program and enactment of a national baby bond program.

The MSRB's priorities for the year include action on ESG, updates to its EMMALabs platform, and more requests for comment aimed at modernizing its rulebook.

Unregistered municipal advisor activity and breaches of fiduciary duty remain priorities.

Inflation, labor shortages and implementation uncertainties loom as the Infrastructure Investment and Jobs Act moves into center stage next year.

Towns in many states manage a big chunk of local roads but see little support from federal surface transportation formula grants.

The Internal Revenue Service and Treasury Department have a number of important updates for the muni market in 2022.

Industry advocates want to preserve allocation of private activity bonds to the states and help Congress understand the benefits of advance refunding.

Some firms are voluntarily self-reporting potential supervisory and suitability rule violations.

An influx of federal funds contributed to the stable outlook.

The framework that will guide federal transportation strategy in the coming years does not currently include any financial goals or objectives.

The Build Back Better in its current form essentially has been killed by Sen. Joe Manchin, likely limiting the potential for tax hikes in the coming year.

Sen. Schumer said the Senate would take up Build Back Better "very early in the new year."

Pushing the massive bill into 2022 reduces its overall chances of passage but increases the chances of reviving muni-related provisions.