Trump administration

A second budget reconciliation bill is moving closer to reality, creating a mixed bag of challenges and opportunities for the municipal bond market.

"We need private capital," the transportation secretary said.

As Congress returns to Washington in the next few weeks thoughts will turn to a problematic reconciliation bill, a housing bill close to completion and a farm bill facing serious challenges.

President Trump's budget proposal for fiscal year 2027 includes $1.5 trillion for the military, while cutting FEMA's budget, privatizing the TSA, and increasing transportation funding.

A presidential address does nothing to quell the price of crude oil as states are now calculating the effects of rising fuel prices on their tax revenues.

The Trump administration has helped usher cryptocurrency more into the mainstream as more states pass laws enabling them to invest and issue bonds backed by digital currency.

Despite Congress' already long to-do list, factions in the Senate and House are posturing for the possibility of a second reconciliation bill that offers possibilities and threats for the muni market.

Triple-A Harvard's latest deal provides, through its offering documents, a snapshot of the state of the Trump administration's campaign against the school.

Rep. Sam Graves, House Transportation and Infrastructure Committee Chairman and supporter of tax-exempt munis announced he will join several other Republican Congressmen by not seeking reelection in November.

Guessing what may happen as Congress pounds away on a surface transportation reauthorization bill has not rattled credit ratings so far, but a key deadline could slip.

Overall rainy-day fund capacity for U.S. states fell in fiscal year 2025 for the first time since the World Financial Crisis as more states look at tapping reserves.

A fatal crash and closure at New York's LaGuardia Airport adds to the list of transportation hurdles that includes a jump in jet fuel prices, and travel delays due to a lapse in TSA funding.

Nevada Treasurer Zach Conine is urging Congress to pass legislation for the automatic and timely refunding of "illegal tariffs."

As rising fuel prices make headlines, more states are eyeing suspending their gas tax rules while concerns rise about the beleaguered Highway Trust Fund.

Some states and local governments "went on spending sprees" with pandemic funds and "got ratings upgrades that didn't have a lot to do with fiscal management," said an investor.

Congressional leaders are plotting out plans to land the surface transportation reauthorization before a September deadline.

Caught in the crosshairs of Trump's war on wind power, Revolution Wind fought two legal battles to continue its construction.

Otero County commissioners approved an agreement with the federal immigration agency to avert a bond default despite a state law banning such contracts.

Acting Director Sam Waldon "will be a steady hand for the division during this period, including for municipal securities-related enforcement activity," said Kathleen Marcus, a partner at Stradling.

The order from U.S. District Judge F. Dennis Saylor IV was issued at 5 p.m. Eastern Time on Friday.