News and Information from Bond Buyer

Broker-dealer Siebert Williams Shank's foundation donated $100,000 to two organizations aiding Los Angeles-area residents affected by the wildfires.

President Trump's executive order calling for pausing funds flowing from the Infrastructure Investment and Jobs Act caught the transportation sector off guard.

There are eight municipal bond interval funds, three of which launched last year, promising fewer liquidity constraints and the potential for higher returns.

The county would hold a special election for a sales tax to provide more funds to build and operate a bond-financed jail project that faces rising costs.

A record-breaking year for bond issuance will likely be followed by another strong year for munis even as the threat of ending the tax-exempt status appears in writing within the halls of Congress.

From threats to the tax exemption to state budget challenges and tariffs to insurance risks, this year is already shaping up to be the previous one's equal in sheer excitement.

Chicago's Regional Transportation Authority released a plan calling for $1.5 billion in operating funding from state and local sources and more RTA control.

The top five bond financings came in above $7 billion.

Underperforming since the calendar turned, "munis have continued to cheapen over the past three weeks as Treasury returns are about flat for the year while munis are down 0.31%," said Jason Wong, vice president of municipals at AmeriVet Securities.

The tax exemption appears to be in realistic danger as House Republicans seek to offset the cost of extending the Trump tax cuts.

The House document outlining potential policy changes focuses heavily on the healthcare sector to generate savings.

"Stan, as a former CFO and controller within the school system, has considerable insight into the needs of our education clients, and can leverage the full breadth of Stephens' resources to help them realize their goals," Stephens' Leigh Ann Biernat said in a statement.

Public school districts sought bond authorizations in January totaling $469 million, which topped an available state cap of $293.4 million.

Dr. Shawn Wilson, former Louisiana Transportation Secretary, discusses the transformative Calcasieu Bridge project, lessons from public-private partnerships, and how the Infrastructure Investment and Jobs Act is reshaping U.S. infrastructure development.

While Texas is forecasting a big budget balance, fiscal boom times are ebbing for it and other Southwest states amid tax cuts and depleted federal funding.

Unfortunately, a vocal minority believes eliminating the longstanding tax exemption on local, state, and municipal bonds is one way to pay for extending tax cuts.

Sources on the Hill indicate that whatever gets cut will come from that list. But that doesn't mean that everything on the list is going to get cut.

The Los Angeles-area wildfires have sparked a negative rating watch for several credits from Fitch Ratings.

As the Trump administration fills out it cabinet positions, advocates for housing affordability are feeling hopeful but cautious.

The Regents of the University of California leads the negotiated calendar with $2 billion of general revenue refunding bonds.