Washington

"With its third straight rate cut, the Fed is sending a clear message: it's no longer just watching inflation — it's managing risk," said Gina Bolvin, president of Bolvin Wealth Management Group.

Both parties agree the federal permitting process drives up infrastructure costs.

The compliance outreach program for municipal advisors and dealers, will be hosted jointly by the SEC, MSRB and FINRA.

"We sued to take a stand against the SROs on principle," an ASA spokesperson said Wednesday in a reference to both the MSRB and FINRA.

Muni yields were little changed, and have barely moved over the past several trading sessions, said Kim Olsan, senior fixed income portfolio manager at NewSquare.

Hosting a single World Cup match can cost cities roughly $100 to $200 million, said House lawmakers that introduced the bill.

"Ultimately, this report is essential because member firm compliance protects investors and safeguards the integrity of our markets," FINRA's Greg Ruppert said.

Issuers mostly avoided pricing deals in the previous weeks the Fed met this year, but that's not the case this week, said Pat Luby, head of municipal strategy at CreditSights, and Wilson Lees, an analyst at the firm.

Much has changed since October and most economists are sure the FOMC will lower rates by 25 basis points this week, with dissenting votes expected.

C. Christopher Trower was the lead attorney before the Supreme Court in a case that upheld states' rights to preferential tax treatment of their own bonds.