Washington

The Municipal Securities Rulemaking Board has begun accepting applications for two regulated and two public board positions until Feb. 7.

The Internal Revenue Service and Department of the Treasury have released final guidance on the transition away from Libor, designating SOFR as an alternative rate.

Shawn Wooden has called for strengthening the Fed’s short term municipal lending program and enactment of a national baby bond program.

The MSRB's priorities for the year include action on ESG, updates to its EMMALabs platform, and more requests for comment aimed at modernizing its rulebook.

Unregistered municipal advisor activity and breaches of fiduciary duty remain priorities.

Inflation, labor shortages and implementation uncertainties loom as the Infrastructure Investment and Jobs Act moves into center stage next year.

Towns in many states manage a big chunk of local roads but see little support from federal surface transportation formula grants.

The Internal Revenue Service and Treasury Department have a number of important updates for the muni market in 2022.

Until supply comes, market participants appear to be content to sit back and let the calendar flip to a new year without making any big moves.

Industry advocates want to preserve allocation of private activity bonds to the states and help Congress understand the benefits of advance refunding.