Special Program Root Tag

A job tip from a former Little League coach helped lead Heather Litzebauer to a fruitful career at municipal underwriting and advisory firm NW Financial Group.

"I always looked up to my dad and was amazed by the amount of time he spent at the office," Russell Feldman said. "I became a lot more intimately aware of the challenges in fixed income when I joined the industry years later."

"I'm proud of how well we adapted as an organization and set ourselves up to hit the ground running on large projects," said David Amdor.

"Be ready to do anything that is asked of you," Mary Hinojosa Kelly said. "You need to have all of those skill sets in your toolbox to add value."

"I was excited to take part in an industry that plays an integral role in developing public infrastructure," Nicole Pey said.

Akshai Patel, 39, an accidental banker, moved to RBC after founding a Phoenix, Arizona, charter school.

Putting a county government into the real estate development business goes beyond making the numbers work.

The Infrastructure Investment and Jobs Act provides billions in grants for state and local governments. The challenge now is how quickly and effectively they can spend it amid an inflation–fueled rising–rate environment.

Republicans critical of the infrastructure law won't be able to stop the flow of federal funds, even if they win the House.

The rating agency zeroed in on a handful of measures in a state where voters considered billions in bond measures.

Democrats Erick Russell in Connecticut, James Diossa in Rhode Island and Mike Pieciak in Vermont won open-seat races for state treasurer.

Municipal bond mutual funds saw more losses on Wednesday with the Investment Company Institute reporting another week of multi-billion-dollar outflows, bringing year-to-date losses to $123.3 billion.

With midterms over, the action now turns to lame-duck legislation that may impact the muni market.

It appears to have been a good time to request bonds as most of the largest issues were approved.

Republican control of the House would bring leadership changes to key finance and tax-writing committees that affect the municipal bond market.

Voters will decide on more than $60 billion of bond ballot measures Tuesday with New York voters faced with the largest amount at $4.2 billion.

Federal emergency aid, while protecting against downgrades and defaults in areas hit by extreme weather, won't bail out areas that face less visible climate effects like rising heat.

Patrick Henning and Juan Fernandez will assume top roles in Fiona Ma's administration, should she be re-elected Tuesday.

We'll be up early Wednesday covering Tuesday's elections.

A lack of standards from regulators and ratings agencies leaves municipal credit analysts "on their own" when it comes to evaluating climate-related risks.