Washington

The new tax law and imminent scarcity threaten to change market dynamics for muni buyers in 2018.

The Hawaii Tourism Authority has fallen short of making its full state reimbursement for the Hawai'i Convention Center for the past two years.

President Donald Trump will nominate Jerome Powell again to serve as the chair of the Federal Reserve after the Senate adjourned Thursday without voting to confirm him, White House spokeswoman Natalie Strom said.

The SEC's muni enforcement focus in 2018 will include offering and disclosure-related fraud, broker-dealer abuses, municipal advisor misconduct, public corruption, and pay-to-play practices.

The muni market absorbed almost $58 billion, a record for December, before a holiday hiatus to end the year.

New York State’s fourth largest township already carries the lowest-possible investment grade rating from Moody’s Investors Service.

The year was marked by price fluctuations, yield curve flattening, spread compression, credit quality concerns, and other stresses.

The new temporary spending bill includes Medicaid funding for Puerto Rico.

The long holiday weekend comes at a perfect time for tired muni market participants after a furious few weeks of action spurred by tax reform.

President Trump's long-awaited infrastructure plan is due out in January, but some muni market participants worry any legislation seeking federal funding might cut PABs for revenue.