Politics

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.

Washington revenues through 2029 are expected to be $900 million below the 2025-27 budget estimates.

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

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.

"If the open jacket policy is actually implemented—which we in the defense bar hope is the case—it would be a welcome reform," one attorney said.

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.

Serving on MSRB's Board of Directors over the past four years has been a privilege and an honor.

How Congress and the Trump administration navigate the next several months carries implications for municipal issuers and investors.