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Concerned about the tax bill before Congress, the private passenger train owners want to issue bonds by Dec. 31.

As the exact language of the final tax legislation looms, municipal market participants eager wait to see how it pertains to private activity bonds, there will be $11 billion of issuance awaits as issuers make one final push.

Bond analysts and Puerto Rico political leaders were voicing concern Friday over a new tax on territories reportedly included in the Republican federal tax bill.

Andrew Cuomo and Chris Christie say the ball is in Trump's court on the crucial Gateway Hudson Tunnel Project, as local commitments are secured.

The municipal bond market next week will continue to see above-average volume, albeit at a much slower pace than this week, as $11.14 billion of deals are on the calendar.

The California Chamber of Commerce supports a developing $8.9 billion bond proposal as well as a $4 billion measure that is already on the June ballot.

Urban planners argue for the unlocking of public assets through an asset trust, an idea largely untested in the U.S.

The panel recommended issuing $500 million general obligation bonds for public school construction and repair over 10 years.

The rating agency will continue to monitor financial developments in Connecticut's capital city.

Concern that “persistent factors” rather than “transitory ones” could be keeping inflation low pushed Federal Reserve Bank of Chicago President Charles L. Evans to dissent on the Federal Open Market Committee vote on the federal funds rate Wednesday.

The municipal bond market saw deals from far and wide this week as the threat of tax reform changes spurred a rush to issuance that will continue into the next week.

Industrial production grew 0.2% in November, the Federal Reserve reported Friday.

The Empire State Manufacturing Survey showed "business activity continued to grow at a solid clip in New York State."

The municipal bond market priced deals from Partners Healthcare, South Miami Health and Empire State Development as investors waited for final details of tax law changes affecting private activity bonds.

FINRA said Philip Fluegge violated its rules when he sold shares in municipal fund securities.

Moody's dropped its outlook on Franciscan Alliance's Aa3 rating to negative from stable.

The council is exploring legislation to collect around $492 million in delinquent real estate taxes that could aid the city’s school district.

The state government's rising debt burden underscores the need for overhauls to the state’s borrowing rules, according to State Comptroller Thomas DiNapoli.

The municipal bond market saw Empire State Development sell almost $2 billion of bonds in five competitive offerings on Thursday as the market focused on tax changes being worked on in Washington.

Puerto Rico’s electrical grid is unlikely to be fully restored until the end of May, the head of the U.S. Army Corps of Engineers said Wednesday -- months longer than the timeline offered by the island’s governor.