Trump administration

Moody's Ratings cut the issuer rating for the District of Columbia to Aa1 with a negative outlook, which the city CFO blames on federal workforce reductions and weakness in the commercial real estate market.

The escalating dispute between the prestigious issuer and the White House is spooking some bond holders and creating opportunities for others.

As the municipal bond community rallies around protecting the tax-exempt status of munis, alternative viewpoints emerge for why it should be eliminated.

The FHWA said it would start withholding project funds from Manhattan next month and later expand to other areas if the state refuses to halt its tolling program.

Amtrak will take over from New York's MTA on the overhaul of the train station, said Transportation Secretary Sean Duffy.

Just as the economy could become topsy turvy, so could the municipal market.

The lawsuit argues the International Emergency Economic Powers Act that Trump invoked to impose tariffs does not grant the president the ability to unilaterally adopt tariffs on goods imported to the U.S.

With the threat to tax exempt municipal bonds looming in a Congress searching for pay-fors, private activity bonds supporting hospitals and higher education are high on the list of potential first targets.

Texas investor John Kleinheinz now controls Texas Central, which has spent more than a decade trying to build the Dallas-to-Houston high speed train.

In a post on his social media platform Thursday morning, the president criticized the Federal Reserve's reluctance to lower rates and said the chair's departure "could not come soon enough."