Washington

"I think any effort to make reporting less frequent is a step backwards in transparency," NFMA's Mary Francoeur said.

The Supreme Court decision that changes the provisions in the Voting Rights Act adds legal risk for state and local governments.

The FOMC meeting will be interesting as Kevin Warsh takes the chair. KBRA Chief Strategist Van Hesser will review the meeting, the presser and the new dot plot.

Public finance professionals need to contemplate uncertainty as they work with municipal issuers to help them plan and meet their needs.

Changes in federal funding are sharpening the focus on how the states will be responding to disaster relief, running social programs and budget planning.

The Trump administration also proposed deep cuts to the state revolving funds in its 2026 budget, which Congress rejected.

FEMA reform has stopped and started on Capitol Hill as local governments welcome a rule requiring the agency to build a dashboard to track the flow of disaster recovery funds.

"MSRB's strategic plan was shaped by the many conversations we've had with stakeholders from across the municipal securities market," MSRB CEO Mark Kim said.

The District of Columbia Water and Sewer Authority is applying for a reimbursement from the federal government for repair costs to a broken water line that flooded the Potomac River with raw sewage.

"Regulatory change in this area is needed without further delay," SIFMA said in a letter.