Trump administration

State and local governments are on strong financial footing and are investing in Treasury securities as chaotic federal moves shake out.

Municipal market advocates plan to use the data to support the case to Congress for preserving the tax exemption.

The ruling came as the White House issued follow-up guidance saying only affect a portion of federal funds would be affected and that the pause could be as brief as a day.

A group of Democratic states as well as a national association representing not-for-profit organizations said they would sue to block the move.

The former U.S. Representative has said he would focus on road safety and cutting red tape.

The lobby trying to protect the tax exemption is working overtime as the threat appears very real.

The president suggested federal aid could be sent directly to states instead of through FEMA.

As Republicans hash out their promised tax package, the debate over the bill's scoring method carries implications for tax-exempt municipal bonds.

The bill, which would enact on the federal level similar pro-gun legislation adopted by many Republican states, has gained 21 co-sponsors, including Senate Finance Chair Mike Crapo, R-Idaho.

The House document outlining potential policy changes focuses heavily on the healthcare sector to generate savings.