Investments

The end of the government shutdown includes clearing three of twelve appropriations hurdles while questions linger about the future of the highway reauthorization bill.

Multi-layered state oversight, strict fiscal safeguards and durable revenue pledges support New York City GO and TFA bonds even as investors brace for policy shifts under mayor-elect Zohran Mamdani.

A state audit of the Houston-based HBCU that identified financial issues led the governor to direct state agencies to launch an investigation.

Illinois lawmakers sent Gov. JB Pritzker a bill to facilitate the use of STAR bonds for economic development, which has happened only once in 15 years.

The Florida county is in the midst of executing a $9 billion capital improvement plan.

"Continuing yield stability ... suggests a comfortable market that, even with the shutdown apparently close to ending, may resist/lag potential price/yield changes in taxables," said Matt Fabian, president of Municipal Market Analytics.

The city said it needed the money to be able to make payroll in November and December.

The new hires in four major offices bring expertise and regional coverage to better serve the firm's clients, and Loops plans to expand further to build on its existing strengths.

The Texas city could revisit plans for a desalination project to boost its dwindling water supply with the city council scheduled to consider it next week.

Keohane was described by colleagues as a deep thinker with an encyclopedic knowledge of New York public finance law and a great sense of humor.

The winners of the Freda Johnson Award are Jeanette Weldon of the Connecticut Health and Educational Facilities Authority and Elaine Brennan of Roosevelt & Cross Inc.

The airport's sprawling capital improvement program is expected to total $11.5 billion over the next decade, $9 billion of it bond funded.

Photos from The Bond Buyer's 2025 California Public Finance conference.

Arrington announced he will not seek reelection in 2026 after helping shepherd President Trump's first major tax bill through Congress, marking the first GOP House chairman to check out in 2026.

A planned vote on health insurance subsidies will be key to how Congress handles the next funding cliff at the end of January, market participants said.

Some of the most active sectors have been education (+29%), GOs (+17%) and healthcare (+17%), said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.

Assured Guaranty commented on Brightline and PREPA during its third-quarter earnings call, on which the company reported a 46% increase in third quarter gross par written year over year, to $7.85 billion from $5.38 billion.

The Port of Long Beach cargo volumes are ahead of last year for the first 10 months, though October saw a dip in traffic.

Recently enacted tax policy changes will help the state's finances, Fitch said.

The muni market may see additional volatility due to "uncertainties related to the future of tariffs and stronger inflation prints," said Barclays strategists led by Mikhail Foux.