Trump administration

"If you're an issuer, this is fly-in season," said Jarrod Loadholt, partner at Ice Miller LLP. "Don't hope someone else is going to solve this for you — they're not."

President Trump's selection of Federal Reserve Gov. Michelle Bowman as the next vice chair for supervision comes as banking groups and their allies in Congress asked the administration to fill the position quickly. Bowman was the preferred choice for many in the industry.

Citibank, which holds the government funds, said it froze the money following a request from the FBI.

All of fiscal 2025 will be funded under a continuing resolution instead of the traditional appropriations package.

The Trump administration has dealt several blows to an already-battered sector. 

The Tax Policy Center examined which cities and states would be the most affected if Congress eliminates the tax exemption.

The U.S. Congress is considering eliminating the federal tax exemption for municipal bonds, the single most important financing tool for cities and towns across America. If they do, the cost of building and maintaining infrastructure — roads, bridges, schools, water systems, and even broadband networks — will skyrocket.

Court challenges to self-regulatory organizations may have the potential to trigger a financial crisis, a law professor warns.

The government funding measure now heads to the Senate where it needs Democratic support to pass.

The BDA met last week ahead of the House Ways and Means launching talks on what the reconciliation tax package may include.