Tax-exempt bonds

Borrowers are enjoying the strongest market in decades while investors are forced to take what they can get.

The departure of Maryland's second-longest serving state treasurer will leave a void in the public finance community.

Congress approved a one-month extension of surface transportation programs, buying more time to continue negotiations over infrastructure and budget bills.

Friendly market provisions, including a direct-pay bond program and restoration of advance refundings, will head to full House after approval by Ways and Means Committee.

Cheered by the inclusion of key muni market priorities in tax legislation unveiled over the weekend, muni market advocates must now battle to keep them there.

The absence of advance refunding and a direct-pay bond program in the bipartisan infrastructure package has lobbyists pushing for inclusion of those things in the reconciliation bill, a matter only weeks away.

Several cities could eliminate or drastically reduce unfunded pension liabilities, Reason Foundation's Robert Poole found.

The trouble stems from a West Virginia tender offer deal Crews & Associates recommended to an issuer.

The House's powerful speaker will need to win the votes of moderates.

The legislation passed the Senate by 69-30 setting the stage for House lawmakers to work on it and for Senate Democrats to weigh a social infrastructure agenda.