Politics

Midwest market participants and researchers say the loss of the municipal bond tax exemption could cost the region's many smaller issuers market access.

A new law increasing the bond authorization responds to federal pressures and increased anticipated prison construction costs.

Airport executives pushed lawmakers for streamlined funding, a boost in the passenger facility charge, and preserving tax-exempt bonds.

Washington, D.C.'s ability to spend the money in its approved budget remains in doubt as a congressional recess looms, though President Trump signaled support.

Municipal finance professors Justin Marlowe and Martin Luby wrote the paper after fielding dozens of calls about "this otherwise esoteric corner of public finance."

House leaders will have to overcome dissent from conservative lawmakers, who say the Senate version is too watered-down.

The central bank wants to let Trump's policies play out across the economy before deciding which way to move interest rates, and it's too soon to know what the impacts will be, the Federal Reserve chair said.

Squire Patton Boggs attorney Michael Cullers believes the 10th Amendment may pose an obstacle.

If the MSRB pursues a pre-trade transparency initiative—though its necessity is debatable given the private sector has already addressed this need—it should leverage existing tools and services used by market participants.

Unemployment remained relatively stable amid declining consumer confidence and an emerging trade war, which have roiled markets.