Washington

"Under my rule, pension-fund and asset managers are still able to offer ESG products in Missouri," said Missouri Secretary of State John Ashcroft.

The White House is expected to announce major grants for non-Northeast corridor projects, including potentially high speed trains, before year's end.

Research indicates office space conversions could be financed with bonds.

A Senate bill holds drinking and wastewater infrastructure funding level to 2023, but advocates the SRFs could see cuts when the two chambers hammer out final appropriations.

Representatives from the business, academic, legal and other disciplines gathered on Capitol Hill to take aim at the many SEC rule proposals initiated under Gary Gensler's tenure.

Municipals closed out October in the red, the third consecutive month of losses for the asset class.

While some reliable options have emerged, market professionals remain hopeful the old advance refunding will return before the desire to bring it back loses any momentum.

October's total volume rose 29.3% to $37.156 billion in 661 issues from $28.738 billion in 614 issues a year earlier. New-money grew more than 30% while refundings were up by nearly 75%.

The relief means little for traditional municipal issuers but will have an effect on some conduit borrowers and issuers "adjacent" to the municipal market.

The application criteria for the grant programs handcuffs $5.5 billion in transportation spending to progressive priorities," said Texas GOP Sen. Ted Cruz.