Politics

Analysts were pleased that a known quantity with bona fides was the pick, but Warsh may bring about changes in the Fed that have some concerned.

Warsh, who served on the U.S. central bank's Board of Governors from 2006 to 2011 and has previously advised Trump on economic policy, would succeed Jerome Powell when his term at the helm ends in May.

Alaska Gov. Mike Dunleavy proposed a statewide sales tax as part of his plan to deal with a budget deficit brought on by declining oil revenues.

Democrats said they've paused negotiations until the administration relaxes its anti-clean energy stance.

Public finance advocates are trying to interpret mixed signals about plans to pass a major reconciliation bill that could put the threat to the tax-exempt status of munis back on the table.

Metro is considering a public-private partnership to deliver what is its largest project to date.

Bond advocates are watching the appropriations process while the possibilities of a Farm Bill and surface transportation reauthorization may offer openings for restoring advance refunding and raising the BQ cap.

Chicago general obligation bond prices have dropped sharply since the start of the year, according to the Center for Municipal Finance's muni indices.

Analysts don't expect a rate cut at this meeting, but offer thoughts on the year ahead and the to-be-named Fed chair.

After Ken Paxton's opinion said giving preferences based on sex or race is unconstitutional, his office set a new certification requirement for bond issuers.

The bill was introduced by a state senator whose district includes a county that is struggling to roll over a privately placed tax anticipation note.

This would be the state's first bond issuance since 2023.

New Jersey says the Lakewood Township School District failed to deliver an adequate education. The district says it is shortchanged by state funding formulas.

Observers said the Supreme Court likely will allow Federal Reserve Gov. Lisa Cook to remain at her post while she challenges her purported removal by President Donald Trump. But her continued presence would slow, rather than stop, the president's quest for a voting majority on the central bank board.

Maryland Governor Wes Moore unveiled his $70.8 billion budget proposal that is designed to close a $1.5 billion gap via cuts, fund transfers and swaps of bonds for cash.

A letter outlining the industry's priorities marks the PFN's first official act under a new nonprofit status.

New York Gov. Kathy Hochul wants to keep funding level as the state loses financial support from the federal government and Trump administration.

Republican Ken Paxton said his first-of-its-kind legal opinion aims to dismantle diversity, equity, and inclusion practices in the Lone Star State.

Indiana looks to entice the National Football League's Chicago Bears to move to northwest Indiana by offering state-backed bonds to fund a new stadium.

Another government shutdown later this month may be averted.