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Ambiguous language in the legislation is one of a handful of reasons why issuers have not taken advantage of the new financing tool.
March 28
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Republicans argued the longtime transit and airport CEO lacked the experience necessary to head the FAA.
March 27
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Airports are being squeezed by modernization demands and servicing existing debt.
March 24
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Until now, the battle over the role of ESG factors in investing has played out on the state level.
March 21
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President Biden's budget would allow large transit agencies to divert formula capital grants to operations in 2024, a move that one transit official said may hurt smaller agencies.
March 16
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Even more uncertainty has been introduced into the municipal bond market as the Federal Reserve may have to tweak its monetary policy plans as the situation unfolds.
March 13
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On the policy front, the budget would allow large urban transit agencies to use federal capital grants for operating costs and gives states more private activity bond volume flexibility for housing.
March 9
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A U.S. default would trigger a cascade of downgrades, including of municipalities, Moody's Analytics says.
March 8
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A total of 26 Republican-led states have sued over the new retirement investing rule, saying it would diminish their tax revenue and hurt states that have a significant fossil fuel industry presence.
March 2
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His experience overseeing major infrastructure projects at public transportation agencies prepares him for the FAA job, Washington told senators.
March 2
