Washington

Smaller hospitals and colleges and affordable-housing developers will be more challenged in distributing their bonds under proposed tax reforms.

Kansas City voters advanced a proposed P3 to rebuild the city's airport terminal.

Federal Reserve Chair Janet Yellen hasn’t yet decided whether she’ll stay at the central bank in a diminished role when her term as chair ends in February, Treasury Secretary Steven Mnuchin said.

To work well, public policy in a democracy must be transparent and allow time for debate, input and analysis. The given time frame on the House GOP tax bill, which will have broad ramifications for infrastructure development, healthcare and higher education costs and affordable housing, provides little opportunity for a democratic process of debate and compromise to take place.

In a document rife with broken promises and misstatements about the muni market, the “Tax Reform” proposal beats up on the municipal bond market and state and local bond issuers to an extent never envisioned prior to the publication of that proposal.

Federal Reserve Bank of Philadelphia President Patrick Harker suggested he’ll likely support a third 2017 interest-rate increase next month.

House Ways and Means Committee Republicans rejected an effort to keep the full deduction for state and local taxes.

Muni market participants may not be ready in time to implement a pending markup disclosure rule on which regulators place huge importance.

A study says tolls on existing Interstates could make up for the loss of fuel tax revenue caused by more efficient vehicles.

President Donald Trump’s nominee to lead the U.S. Federal Reserve may have to wait until after Thanksgiving for his Senate confirmation hearing.