Democrats will hold a slimmer majority in the Louisiana House when the Legislature convenes in January, as Republicans picked up seven seats in the fall election to give them 50 in the 105-member chamber. Democrats will have 53 seats in the House, far short of the two-thirds needed to pass taxes and constitutional amendments or override a veto. Two representatives listed their party affiliation as “independent.” The Senate lineup remains the same, with 24 Democrats and 15 Republicans as every senator seeking re-election won.The incoming Legislature will include nine House members who won election to the Senate due to term limitations. Two former senators who were term limited in the upper chamber were elected to the House. Eight House members who could not seek re-election lost bids for Senate seats. Two House members lost their re-election attempts.
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"You would think global instability leads to flight for quality, but you also have the inflationary pressures that come with higher oil prices. I would say the inflationary pressures have been winning, and that's why you're seeing Treasury and muni rates move higher," said Keith Richard, head of public finance at Siebert Williams Shank.
11h ago -
The current lateral recruiting marketplace for public finance attorney talent is "highly competitive," according to Nixon Peabody's Julie Seymour.
March 24 -
The weakness in fixed-income markets comes after stocks and bonds saw strength Monday following President Donald Trump's announcement of a five-day pause on strikes on Iranian power plants amid talks between the two countries.
March 24 -
The AA-minus-rated bonds come to market as the hospital sector continues to navigate through rising expenses and other challenges.
March 24 -
"We are in interesting times as the market must now balance these robust technicals against a backdrop of geopolitical tension in the Middle East and the nomination of Kevin Warsh, whose hawkish reputation is already being weighed by participants," said Jason Wong, vice president of municipals at AmeriVet Securities.
March 23 -
Otero County's March 13 emergency meeting to avoid a bond default did not comply with the Open Meetings Act, the state's Justice Department determined.
March 23





