The Senate move provides an alternative pathway towards a final budget agreement as the House wrestles with an approach that could include key tax policy changes for the muni market.

"Who got rich off this project? Where did those billions of dollars go?" asked Transportation Secretary Sean Duffy in announcing the federal review of the controversial bullet train.

Washington's threats to state and local government funding took center stage when Illinois Gov. JB Pritzker delivered his seventh budget.

Trump's executive order raises concern about whether the SEC will pursue certain fraudsters, even if staff deems action warranted.

Some analysts believe that the muni market will ultimately be insulated from any changes in tax status because of the benefit it already provides.

Moody's is the latest rating agency to warn about a budget squeeze for Texas schools, which have been prolific issuers of voter-approved bonds in recent years.

Chicago aldermen delayed a vote on $830 million of general obligation bonds that Mayor Brandon Johnson wants to issue.

The DOT cited the use of the tolls for transit as one of its reasons to terminate.

The South San Antonio Independent School District, which has had a state conservator, will now get a state-appointed board of managers and superintendent.