Washington

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.

Democrats could attempt to revive Build America Bonds as part of a bipartisan infrastructure bill following their House victory.

Newly issued Treasury securities held in stripped form increased about $12.227 billion in October.

Keeping the U.S. economy near full employment is lifting pay for unskilled workers and helping ease inequality in the country.

Investors are still getting to know Powell, who prides himself on his ability to translate difficult subjects into plain English.

Kyle Glazier is the new Washington bureau chief of The Bond Buyer. He succeeds longtime bureau chief Lynn Hume, who has retired after more than three decades on the job.