Public finance

Brightline West told investors it is pursuing a $4 billion senior loan from a banking consortium and simultaneously working toward the $6 billion federal loan.

On the week, the muni market performed well, with most investor action happening in the longer half of the curve, said BofA strategists.

California and nine states' financial officers urged President Trump to honor the Supreme Court's ruling striking down his tariffs, citing harm to state budgets and the need for economic predictability.

The ratings agency cited improved operating performance.

The Texas cities of Irving and Farmers Branch joined Plano in calling off May elections on withdrawing from Dallas Area Rapid Transit.

The fund plans to liquidate remaining assets, although a class-action lawsuit may delay final distributions.

Investors added $1.029 billion to municipal bond mutual funds in the week ended Wednesday, following $1.269 billion of inflows the prior week, according to LSEG Lipper data. This is the seventh time in eight weeks that inflows have topped $1 billion.

The airport system revenue bonds will finance portions of an estimated $5 billion expansion program at Austin Bergstrom International Airport.

S&P revised its outlook to negative on San Juan Cruise Port LLC's BBB-minus rated bonds.

Congressional leadership is dropping hints about the size, scope, and delivery dates of the surface transportation reauthorization bill that will supplant the Bipartisan Infrastructure Law.

Findings from The Bond Buyer's 2026 Predictions Report show tax shakeups and political uncertainty pose major challenges to public finance.

The Republican governor and GOP leaders of the state House and Senate will negotiate over three budget visions and a plan to cut local property tax revenue.

There is a positive view of the muni market in the long-term due to a mix of attractive tax-adjusted yields and a generally favorable credit backdrop, said Cooper Howard, director of fixed income research and strategy at Charles Schwab.

The Trump administration filed the lawsuit Tuesday ahead of UC Regents plans to price $1.93 billion in revenue bonds.

The Texas city is reviving a seawater desalination project as it faces a water supply crisis that has impacted its bond ratings.

After Columbus, Ohio, voters gave the green light in November, Mayor Andrew Ginther this month released his plan for the affordable housing bond proceeds.

A state-by-state review of 2025 yearend issuance in the Northeast.

U.S. Department of Transportation Secretary Sean Duffy doubled down on cutting DEI and climate change related policies amid conjecture about federal funding levels.

Le will work out of Oppenheimer's Los Angeles office and will focus on California while also supporting clients across the west, the release noted.

While broader economic risks remain, market dynamics are being driven by supply, demand and income generation, rather than macro headlines, said Pat Haskell, head of the municipal bond group at BlackRock.