Tax-exempt bonds

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.

With federal aid rolling out, the municipal credit picture is improving and issuers are coming to market at a faster clip. An infrastructure package could push issuance levels even higher.

More and more investors are becoming interested in social impact bonds, though historically Black colleges and universities are paying higher underwriting fees.

A group of GOP senators is working to put together a more traditional infrastructure bill that would range from $600 to $800 billion dollars.

His departure comes as lawmakers are working quickly to put together an infrastructure bill, with hopes of including key municipal bond provisions.

These so-called American Renewal Bonds would help finance a national infrastructure initiative until the economy sufficiently recovers from the pandemic.

Over the weekend, prominent senators criticized President Biden's infrastructure plan, with some more moderate senators' votes hanging in the balance.

The bill comes days before the Biden administration will reveal its infrastructure plan. Sources have said municipal bond provisions are likely to be included in an infrastructure package.

Buttigieg's support of PAB financing comes days before the Biden administration plans to unveil its infrastructure proposal.