Trump presidency

From elite universities to rural hospitals and ports, federal actions are shifting the muni credit landscape. IR+M's Wesly Pate explains how buy-side firms are reacting.

"Nobody knows what scoring means," Trump said as the dispute over how the "One Big Beautiful Bill" plays out.

The bullet train's delays and cost overruns amount to a material project change and event of default under the federal-state agreement, the FRA said.

The Senate will likely revise the House bill, which left tax-exempt bonds untouched after months of speculation.

A deal on the state and local tax deduction cap remained elusive as of Monday morning.

The full legislative package could land on the House floor as soon as next week.

The order comes as the question of whether the administration has the authority to withhold federal funds plays out in court.

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.

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

Congress leaves town for a two-week recess without settling a financial dispute with the District of Columbia over which budget they are allowed to use as the mayor's financial team announces plans to exercise a 2009 law that will boost a supplemental budget by 6%.