Washington DC

The two issuances under IRS scrutiny join an earlier debt issuance the county disclosed publicly late last year.

While the bipartisan deal includes some helpful provisions, it does not contain any of the top priorities of municipal bond market advocates.

Municipal issuers are missing the low-borrowing-cost opportunity to finance repairs and modernize infrastructure, says Merritt Research Services.

The IRS is seeking comments on a change that may benefit many issuers.

It was a busy quarterly board meeting for the MSRB.

Whether a BABs-like program could make it into actual law in Washington is still highly uncertain. What is certain: Some form of infrastructure spending is must-pass legislation because federal-aid highway funding is set to expire in October.

Wednesday will be the first Senate vote on advancing a bipartisan infrastructure deal.

NFMA's white paper could serve as a template for future emergency events, in addition to the current pandemic.

Hospital consolidation continued though the coronavirus pandemic; how the Biden administration's pro-competition executive order will play out remains unknown.

Brian Egan will take up the mantle of being the primary voice for bond lawyers in Washington.

Alleged supervisory failures led to unsuitable trading patterns of Puerto Rico and other bonds, FINRA found.

Ed Sisk, a managing director and head of public finance at Bank of America Merrill Lynch, has been MSRB chair since Oct. 1, 2019.

Research suggests limited effectiveness of the SEC's rules requiring disclosure of private debt.

Current rules require disclosures to customers who probably do not need them, industry lobbying groups argue.

The U.S. Department of Transportation secretary and elected leaders from New York and New Jersey pitched the $11.6 billion project, citing economic and safety concerns.

Aid ranges from as much as 22.7% of fiscal 2020 spending in Wyoming to as little as 4.9% in Wisconsin.

Only two of the nine justices were in favor of adding New Hampshire v. Massachusetts to the docket for the fall term.

State and local government groups want the focus on reinstating tax-exempt advance refunding bonds and expanding the current financing tools.

One big area of spending growth has been Medicaid health services for the poor, which is on track to jump by 12.5% in the current fiscal year.

As infrastructure talks unfold in Washington, the likelihood of higher taxes may be waning, at least in the short run.