Washington DC

"We have made good progress, but inflation is still running above the FOMC's 2% objective," said Federal Reserve Bank of Cleveland President Beth Hammack.

The Municipal Securities Rulemaking Board held its first board meeting over Oct. 23-24, where it approved a number of rule proposals and requests.

Despite studies showing questionable financials, municipalities continue to build

Market participants warned of the law's potential harm to a market that's famously bespoke and self-regulated.

Tax experts are looking past the election for clues about the fate of the Tax Cuts and Jobs Act, which is approaching its sunset and includes the controversial SALT cap.

The Securities and Exchange Commission has charged Alliance Global Partners with publishing daily quotes at above market prices on between 4,300 and 6,500 different municipal bonds over a two-year period.

In FY 2025, the Securities and Exchange Commission's Examination Division will be closely monitoring for compliance with MSRB Rule G-42 on the core standards of municipal advisors, in addition to enforcing the T+1 settlement cycle.

Mega projects in Boston and Philadelphia top the list.

As federal funding dries up, cites are searching for new funding sources.

The city faces no monetary penalty or monitorship in the final judgment in what those involved are calling an unprecedented move for SEC litigation.

The Municipal Securities Rulemaking Board will hold its first meeting of fiscal 2025 on October 23 and 24, under its new chair, Warren "Bo" Daniels.

The Hampton County School District in Varnville, South Carolina has won its dispute over the tax-exempt status of Series 2010 general obligation bonds.

The board has requested comment on additional disclosures that state and local governments would need to provide in financial statements but faces a long timeline for implementation.

The Ways and Means Committee is signaling its opening post-election positions.

Data from the Municipal Securities Rulemaking Board indicates that trade volume may stay high after a consistent third quarter.

Some cities with lots of lead pipes, like Chicago, will get more time.

The higher-ed sector, already facing internal pressures, could face scrutiny over its tax-exempt status during tax reform next year.

Moody's has lifted the credit ratings on five special tax bonds.

Congress has created recovery bonds for specific disasters in the past, and the CDFA wants the tool to become a permanent private activity bond category.

Research shows that financing sport facilities with public debt often doesn't pay off, the Tax Foundation says.