Washington

The MSRB should tread carefully in basing future research or rulemaking on its July study of secondary market spreads, BDA said.

Katano Kasaine, director of finance for the City of Oakland, Calif., and Noreen White, co-founder of Acacia Financial Group, will receive the 2018 Freda Johnson Award for Trailblazing Women in Public Finance.

The incoming chairman of the House Transportation and Infrastructure Committee is optimistic of striking a deal with President Trump on major infrastructure legislation, noting that House Democrats will need White House support to get the Republican-controlled Senate on board.

The Federal Reserve left interest rates unchanged and stayed on course to hike in December,

Todd Barker appears prepared to have negotiated a monetary settlement with the SEC, while Dwayne Edwards plans to contest the SEC's motion in court.

The split in our government may enhance chances of infrastructure legislation, dash hopes for Tax Cut 2.0, and leave the muni tax exemption at risk.

The results stand to influence the municipal market through capital planning and budget actions with potential impacts on ratings and borrowing levels.

The change in control of the House does end the threat of Republicans terminating the tax-exemption of private activity bonds to help pay for additional tax cuts, but the cost includes the loss of some industry allies such as Rep. Randy Hultgren, R-Ill.

Republican gains in the Senate may alter the fate of at least one of President Trump’s nominees for the Federal Reserve.

Massachusetts Democrat Richard Neal, friendly to the muni market, is likely to chair the critical Ways and Means Committee.