Trump administration

The Senate passed the ROAD to Housing Act, which should boost the use of mortgage revenue bonds, as a rider on the Defense Reauthorization Act.

The longer the shutdown of many federal government operations lasts, the worse it becomes for cities, states and other bond-issuing entities.

Bond attorneys are skeptical that new hires at the Treasury and the Internal Revenue Service will help the municipal bond community as two men now occupy four key positions.

The Department of Transportation is offering its Consolidated Transportation Bonds in a competitive sale Wednesday to what promises to be a receptive market.

Transportation Secretary Sean Duffy also defended the administration's funding freeze on major New York transit projects.

The City Council is exploring possible bond sales to expand Metro service for the NFL stadium slated to replace RFK Stadium, which is being demolished.

The Department of Transportation pulled funds from the Gateway Project and the Second Avenue Subway extension, citing alleged "DEI" violations.

If approved, the $6 billion federal RRIF loan would be "quite positive at this juncture," an investor said.

The CTA's funds have been "put on hold to ensure funding is not flowing via race-based contracting," Office of Management and Budget Director Russell Vought said.

Political dysfunction is far and away the leading economic and policy concern for muni market participants, according to a new Bond Buyer infrastructure survey.