Washington DC

Ormonde said a significant portion of his practice will remain focused on California tax matters even as he works with colleagues across the firm's SALT team.

A major multiple-amended housing bill that is expected to expand the use of private activity bonds passes the House and bounces back to the Senate, but obstacles remain over provisions regulating institutional investors.

The former Massachusetts congressman "was a true champion for the municipal bond market," GFOA's Emily Brock said.

After months of hard-fought negotiations, the House Transportation and Infrastructure Committee's version of the surface transportation reauthorization is out of the gate.

The SEC's reversal "is a very significant change," said Paul Kisslinger, a partner at Barnes & Thornburg.

House Transportation & Infrastructure committee leaders released the long-awaited bipartisan bill Sunday night.

The $6 billion federal loan for the West Coast bullet train would set a bad precedent, opponents told the Department of Transportation.

The SEC is now focused on "quality of cases versus quantity," the SEC chairman said during a discussion held as part of the 2026 FINRA Annual Conference.

The authority is also seeking legislation that would allow it to issue revenue bonds backed by $1 billion in annual cap-and-invest revenue.

While the surface transportation reauthorization remains a work in progress, advocates for high-speed rail travel are exploring the benefits of public private partnerships

The Supreme Court decision that changes the provisions in the Voting Rights Act adds legal risk for state and local governments.

Public finance professionals need to contemplate uncertainty as they work with municipal issuers to help them plan and meet their needs.

Changes in federal funding are sharpening the focus on how the states will be responding to disaster relief, running social programs and budget planning.

The Trump administration also proposed deep cuts to the state revolving funds in its 2026 budget, which Congress rejected.

FEMA reform has stopped and started on Capitol Hill as local governments welcome a rule requiring the agency to build a dashboard to track the flow of disaster recovery funds.

The District of Columbia Water and Sewer Authority is applying for a reimbursement from the federal government for repair costs to a broken water line that flooded the Potomac River with raw sewage.

Muni advocates are actively working on championing a bill that would address a wish list of provisions designed to boost bond sales.

Doubts are emerging on Capitol Hill about when a surface transportation reauthorization may arrive and what effect, if any, it will have on the beleaguered Highway Trust Fund.

The board also approved issuing a request for comment relating to disclosure documents for 529 plans and other municipal fund securities.

The department has hit its $30 billion limit on transportation private activity bonds and there's a large pipeline of public-private partnerships across the country.