Washington

The MSRB is planning to overhaul existing rules in 2021, while stakeholders will lobby the SEC for and against reviving a registration exemption for muni advisors.

Republican Commissioner Elad Roisman was named SEC acting chair and is unlikely to push any major initiatives in his short time, but he does have a focus on fixed income markets.

Tuesday's decision keeps the trial process rolling along, progress the accused banks were hoping to halt with their appeal.

Philip Howard, chairman of nonprofit Common Good, calls on the incoming Biden administration to improve public agencies, schools and hospitals by reducing cumbersome red tape. Paul Burton hosts. (18 minutes)

Sen. Charles Grassley of Iowa's ask seems unlikely given that tax law originates in the House and incoming President Joe Biden's proposals to increase taxes.

Public finance groups are optimistic 2021 will be a breakthrough year for federal tax law changes to help spur the use of tax-advantaged bonds.

Massachusetts Treasurer Deborah Goldberg said state officers pivoted quickly as the coronavirus pandemic escalated.

Sources see ways to get more investment in infrastructure with municipal bond provisions, but bipartisanship will be essential.

Washington Bureau Chief Kyle Glazier discusses what is in store for munis in 2021, how the SEC and MSRB will function under a Biden administration and what Janet Yellen in the Treasury seat might mean. (12 minutes)

With its revised framework, it will take more than rising inflation for the Federal Reserve to raise rates.