Washington

The Build Back Better Act contains provisions that could help states finance additional affordable homes.

The House is expected to introduce another temporary government funding bill this week before turning to the debt ceiling issue.

The Securities and Exchange Commission has charged an Illinois-based broker with defrauding three investors out of $800,000 by luring them into investing in nonexistent tax-exempt bonds.

If enacted, Build Back Better would promote economic growth and likely have a limited impact on inflation, ratings agencies say.

With the leadership questions mostly answered, the Fed must figure out what to do about inflation. The markets expect the Fed will have to raise rates sooner than planned, and perhaps speed up taper to do so.

The Securities and Exchange Commission has obtained a final judgment against John Paulsen, a broker-dealer charged with aiding and abetting a pay-to-play scheme with the New York State Common Retirement Fund.

This week will be all about the secondary market given that the majority of issuance was priced earlier in the month while Dec. 1 coupon payments should make secondary offerings look attractive.

The new tax-exempt private activity bond categories for broadband and carbon capture projects are designed to avoid straining state volume cap.

Avoiding even the appearance of representing conflicting interests is important for attorneys and municipal advisors alike.

The president has selected Jerome Powell to serve a second four-year term as Federal Reserve chair and chosen Gov. Lael Brainard as the next vice chair.