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A congressional budget impasse is leading toward a stopgap funding measure via a continuing resolution which could solve a budget shortage in the District of Columbia.
September 17
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The House oversight subcommittee hearing was titled "Virtue Signaling vs. Vital Services."
September 17
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Ohio politicians are racing to deliver relief as a citizens group gathers signatures for a November 2026 ballot initiative to end property taxes in the state.
September 17
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As the "slope of the municipal yield curve remains extremely steep and long bonds are cheap relative to U.S. Treasuries," Daryl Clements, a portfolio manager at AllianceBernstein, predicts "long municipal bonds have a long way to go until they are considered fair value."
September 16
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A group of bondholders are floating fresh financing to a bankrupt metals recycler that elevates their bonds above other holders.
September 16
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Minnesota plans to go to market Sept. 23 with a $1.27 billion general obligation bond sale.
September 16
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Andrew Nakahata will replace Scott Wu as executive director and CEO less than a year after joining the organization.
September 16
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Bond attorneys are eyeballing the possibility of attaching a tax title to the surface transportation reauthorization that could include issues of great interest to the municipal bond community as the appropriations process remains stuck in first gear.
September 16
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The White House said it will appeal a circuit court ruling allowing Federal Reserve Gov. Lisa Cook to remain on the central bank board while her lawsuit challenging her dismissal is litigated.
September 16
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Despite the expected rate cut, analysts will be watching the Federal Open Market Committee's actions for other reasons.
September 16
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Utilities, and the local governments and states that house data centers, are wrestling with policy questions about who should cover the costs of the projected spikes in water and electricity demand.
September 16
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"This was a much-needed rally as the long end struggled throughout the year, but now has been pushed back into positive territory," said Jason Wong, vice president of municipals at AmeriVet Securities.
September 15
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Infrastructure like vertiports may be financed with municipal bonds.
September 15
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Lawmakers passed California Gov. Gavin Newsom's expansive energy package, including a bill to extend the state's cap-and-invest program.
September 15
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A TIF fund established by the Alexandria Industrial Development Authority supporting a troubled hotel renovation project in downtown Alexandria, Virginia, is reported to be in default.
September 15
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The authority's borrowing apparatus is maintaining a business-as-usual approach it embarks on a massive new capital program and fends off federal cuts.
September 15
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Cook County, Illinois, plans to go to market Oct. 1 with $150 million of sales tax revenue bonds. The deal comes on the heels of a Moody's upgrade to Aa3.
September 15
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