Washington DC

Sequestration on direct-pay bonds kicks in Oct. 1 without a fresh funding bill.

The council voted to preliminarily approve a $3.7 billion deal that will return an NFL team to play games inside the city limits while committing over $1 billion in taxpayer money.

The cuts to Medicaid enacted by Republicans in Washington have such enormous negative ramifications for New York State's hospitals, government and patients.

The Washington D.C. City Council Chairman and the CFO are tweaking the tax and financing terms of a $3.7 billion proposal that will return an NFL football team to the city by redeveloping the RFK Stadium site, just east of Capitol Hill.

The MSRB Board also elected PRAG's Wendell Gaertner as vice-chair and approved a budget and rate card.

The effects of the One Big Beautiful Bill have yet to make a dent in state and local budgets as market experts and academics look into the future with concern.

The House cuts are less severe than those proposed in President Donald Trump's 2026 budget.

The Washington, D.C., City Council missed a deadline to approve a plan to build a $3.7 billion NFL stadium as supporters emerge touting the financial structure of the deal.

Streamlining federal permitting and partnering with state DOTs are among the priorities for the next surface transportation bill.

Two New York members of Congress called them "vulture funds" trying to get "blood out of a turnip" at the expense of Puerto Rico electricity customers.

The House Appropriations Committee kicks things off with markups of three infrastructure-related funding bills this week, including transportation.

Some local governments have begun formal assessments about whether electric services to their communities should be municipalized or whether their existing franchise agreements can be updated in their favor.

"I've always really enjoyed what I do," said Henry, who began doing legal work involving municipal securities in 1981.

California local, state and federal officials blasted the Trump administration and congressional GOP for blocking supplemental recovery aid after the wildfires.

Markets are "tilting to a risk-off posture as participants brace for the chance of Trump tariff-sparked turbulence in the coming hours and days," said José Torres, senior economist at Interactive Brokers.

The policy shift may crowd out some projects, warned Baruch Feigenbaum, senior managing director of transportation policy at Reason Foundation.

Market participants launched the largest lobbying effort in recent memory to protect municipal bonds and got what they wanted as the tax-exemption survived.

The megabill now heads to the House, where Speaker Mike Johnson said a vote could come as soon as Wednesday.

Sanchez said the GFOA's debt committee in particular is a place where there could be discussion about what kind of controls are necessary to address the situation. 

The guidance comes as the tender market has grown from zero to $48 billion since 2019.