Washington

"It is the first step but that doesn't mean there's a second step," said John Bagley, the MSRB's chief market structure officer.

The DOT is closing out the Biden Administration by announcing billions of dollars of infrastructure spending in rail, public transportation, and electric vehicle charging stations.

The legislative reconciliation process will move fast and cutting the budget is in vogue. As such, we must recalibrate our goals as an industry to reflect the new political paradigm.

Sizable deals for next week include $1.3 billion of real estate transfer tax revenue bonds from the Triborough Bridge and Tunnel Authority and $996.335 million of second series revenue bonds from the San Francisco International Airport.

The Department of Transportation's is awarding more than $332 million for 171 grants across 32 states to modernize airports as part of the BIL's Airport Infrastructure Grants program.

Alabama-based Frazer Lanier failed to detect a $500 political contribution by one of the firm's muni finance professionals from a joint checking account, FINRA said.

The Federal Reserve will be more cautious and slow rate cuts going forward, according to minutes of the December Federal Open Market Committee meeting, released Wednesday.

Congressional observers are casting a skeptical eye about the productivity of the new 119th Congress that is already defined by ideological differences separating factions within the majority party.

The comments come after SEC asked for feedback on the collection of information in Rule 15c2-12.

The start of the new year triggers the implementation of tax laws in 39 states with trends showing cutting and flattening of income taxes while SALT cap workarounds are also being scrutinized.