Investments

"Early on in my career I learned to search for opportunities. It's like hitting a really good golf shot and then you are hooked," said Cameron Thatcher. "That was me."

As bond counsel, Walsh has financed health care and affordable care facilities, continuing care retirement communities, charter schools and many other nonprofit organizations.

"There's always something going on, whether it's improving water systems, managing our two airports, or stadium financing," said Brendan White.

"Taking the time to inspire, mentor and grow someone's knowledge is a benefit to the industry. I want to be someone the next generation can look to help them find their path," said Tom Zemetis.

Toms River's reluctance to pass a budget could further damage the school's rating, S&P said.

The city of La Marque is taking steps to stabilize its shaky finances after a short-lived debt service payment default and a bond rating downgrade.

The muni market may be shaken by a government shutdown, driving short-term volatility and wider spreads, said James Pruskowski, a public finance strategist.

Tripp Kaiser, a managing director at Municipal Market Analytics, will become executive director of the Center on Municipal Capital Markets in January.

Atlanta's airport lost $57 million of funding for the current fiscal year. Other issuers have even more at stake.

Muni yields rose up to eight basis points, depending on the scale, with the largest losses again on the front-end of the curve.

The Trump administration is ending Chicago Public Schools' access to $8 million in fiscal year 2026 grant funding, the Department of Education said.

Bond attorneys are pondering language governing tax-exempt bonds used to finance spaceports.

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

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

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.