With the break in issuance this week, the market has firmed a bit, said Tim McGregor, managing partner at Riverbend Capital Advisors.
If the SEC grants exemptive relief to firms seeking to offer a multi-class structure, "we will see more ETFs of actively managed municipal bond strategies."
Transportation Secretary Sean Duffy has announced plans to take over the operations at Washington Union Station while curtailing a $10 billion expansion project.
The rating agency cited increases in enrollment and improved net tuition revenues.
Federal Reserve Gov. Lisa Cook filed a lawsuit in federal court Thursday morning seeking an injunction against President Trump's "illegal attempt" to remove her from the Fed board. The suit claims Trump has not demonstrated "cause" for her removal under the Fed statute.
Transit expert and former MTA head "Train Daddy" Andy Byford is in charge of the $7 billion renovation.
