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"If the open jacket policy is actually implemented—which we in the defense bar hope is the case—it would be a welcome reform," one attorney said.

Republicans established the fund to ease pressure on rural providers facing Medicaid and ACA insurance cuts.

Seven filings were submitted in response to President Donald Trump's request for the Supreme Court to remove barriers from ousting Federal Reserve Gov. Lisa Cook before litigation proceeds. Most filings argued for the Court to deny the president's application.

The rating agency pointed to potential financial pressure from tax and other changes on the federal level for the state's outlook revision.

Serving on MSRB's Board of Directors over the past four years has been a privilege and an honor.

Andrew Nakahata officially takes the helm of the California Infrastructure and Economic Development Bank on Wednesday.

Daily report for September 26, 2025

The short-end correction has been "driven by a solid labor market report, which pushed Treasury yields higher as expectations for additional Fed rate cuts tempered," said Alice Cheng, director of municipal credit and investor strategy at Janney.

Deston High School defaulted on series 2021A, 2022A and 2022B bonds.

How Congress and the Trump administration navigate the next several months carries implications for municipal issuers and investors.

Bond lawyers, municipalities, and transportation officials are moving towards greater use of public private partnerships for infrastructure projects bogged down by capital constraints and high risk.

S&P Global Ratings cut the Toms River Regional School District to A-minus from A, ending a negative CreditWatch but assigning a negative outlook.

The Fayetteville City Council will decide in October whether to put bonds backed by an extension of a one-cent sales tax on the March 2026 ballot.

Federal Reserve Bank of Kansas City President Jeff Schmid said that the central bank should continue its focus on curbing inflation, as the job market is "largely in balance."

The state's government now expects general fund revenues to decline 2.3% in the current fiscal year from the previous fiscal year.

Daily report for September 25, 2025

S&P Global Ratings warned that Indiana's property tax reform law, Senate Enrolled Act 1, creates uncertainty for local income tax-backed debt.

Retail offerings from California and Connecticut led the market Wednesday.

It affirmed the California city's Aaa issuer rating, but cited the drag on revenues from tepid tourism numbers and liabilities from child sexual abuse claims.