Washington

Far West issuers sold $90.7 billion of municipal bonds in 2016, a 8.5% increase over the prior year.

Former Securities and Exchange Commission chair Mary Jo White, who oversaw multiple first-of-their-kind enforcement actions in the municipal market, rejoined Debevoise & Plimpton as the firm's senior chair on Wednesday.

The Glades Correctional Development Corp. in south-central Florida said that it received a preliminary Internal Revenue Service determination that its 2006 bonds violate the private activity use test.

The IRS won't be issuing any rules or significant guidance for a while in the wake of President Trump's regulatory actions.

West Virginia Gov. Jim Justice wants a higher gasoline tax to support up to $2.8 billion of road bonds.

Two corporate executives and lobbyists told treasurers meeting here on Monday that they are hearing positive things about municipal bonds from legislative staffers, but a senior tax staffer from the Senate Finance Committee said tax reform may slip into 2018.

Citigroup Global Markets, Inc. has agreed to pay a $250,000 fine after the Financial Industry Regulatory Authority found rule violations including the failure to report accurate interest rate reset information for 251,507 variable rate demand obligation securities.

The Internal Revenue Service has determined that District of Columbia’s PILOT revenue bonds are taxable.

The looming closure of the State and Local Government Series, or SLGS, window on March 15, when the debt ceiling suspension is set to expire, introduces new transaction risks that must be properly and prudently managed.

Republicans in Wisconsin legislature ask planners for more realistic estimates of highway project costs.

The District of Columbia Water and Sewer Authority has planned a $300 million bond issuance for next month, $100 million of which will be green bonds used to finance a 25-year sewage cleanup project for D.C.

The Municipal Securities Rulemaking Board on Tuesday announced it will hire Simon Wu, a director with Berkeley Research Group here, to be its chief economist starting on Feb. 6.

A 10-year infrastructure proposal from Senate Democrats would provide $1 trillion of federal funding for roads, schools, and airports.

Arlington Memorial Bridge was closed to vehicles during inaugural weekend to prevent further damage to the historic span.

Airports, high-speed rail, and roads, particularly in dense metropolitan areas, could be particularly appealing targets.

A state task force charged with solving Washington’s K-12 education funding crisis failed to overcome its partisan divide, leaving state lawmakers with serious work to do.

The Internal Revenue Service Whistleblower Office awarded more than $61 million to whistleblowers in fiscal 2016, the agency said Thursday.

The State of Washington's debt burden grew less than 1% in 2016, according to the state's annual Debt Affordability Study.

Municipal market participants see a slowing of Treasury Department and Internal Revenue Service guidance and rules in 2017, but plan to closely watch rules on political subdivisions, tweaks to management contract guidance, and rules for public approval of private activity bonds.

State and local groups told members of Congress that tax-exempt bonds are the cornerstone of infrastructure financing, as the lawmakers consider how to increase spending on roads and bridges as well as tax reforms that could entail restrictions on tax exemption.