Sens. John Cornyn, R-Texas, and Mark Warner, D-Va., introduced their bill to expand PABs the same day that the U.S. Chamber of Commerce recommended such an expansion in its four-part infrastructure plan.
Uncertainties surrounding tax reform and a spike in supply are creating opportunities in the municipal market. Natalie Cohen, head of Municipal Research at Wells Fargo Securities, weighs the various factors. John Hallacy hosts.
Municipal Securities Rulemaking Board members meeting here next Wednesday and Thursday will discuss the market comments it received on whether to write new rules or guidance on primary market practices.