Washington

Analysts don't expect a rate cut at this meeting, but offer thoughts on the year ahead and the to-be-named Fed chair.

Munis were steady Monday following the large cuts the asset class saw last week, specifically on Tuesday, Jan. 20.

"We are on the cusp of major changes in how the municipal securities market operates," Dave Sanchez, director of the Securities and Exchange Commission's Office of Municipal Securities, said last week.

It could signal the issuer did not get the best price during a negotiated deal, officials said.

The House rallied to pass a minibus of appropriations bills ahead of the Jan 30 deadline including most of what the public transit sector wanted.

Observers said the Supreme Court likely will allow Federal Reserve Gov. Lisa Cook to remain at her post while she challenges her purported removal by President Donald Trump. But her continued presence would slow, rather than stop, the president's quest for a voting majority on the central bank board.

Former WMATA CFO Yetunde Olumide has joined the MSRB as its chief financial officer.

"Compliance should never feel like a game of gotcha," SEC Chairman Paul Atkins said.

Native American Tribes are culling through new rules from the U.S. Treasury Department that could boost economic development.

A letter outlining the industry's priorities marks the PFN's first official act under a new nonprofit status.