Washington

The House GOP bill, if passed, would lower feasibility of P3s, Fitch said.

“We have to get an energy grid up there that will survive the test of time,” Rep. Rob Bishop, R-Utah, said about Puerto Rico.

Municipal yields were down by as many as seven basis points amid concern that tax reform may crimp supply.

Advance refundings were 27% of market last year, PABs were 19% and most were 501(c)(3)s.

Construction of the bond-financed stadium for the Raiders was to begin this fall.

With the underlying growth potential of the economy hard to pin down, targeting a price level could be effective, Federal Reserve Bank of San Francisco President John Williams argues.

“This is a work in progress,’’ said Rep. Jackie Walorski, R-Ind.

Randal K. Quarles was sworn in as a member of the Federal Reserve Board of Governors and as vice chair for supervision on Monday, the Fed said.

Arlington, Texas planned to issue $500 million of tax-exempt bonds in 2018 for a Major League Baseball venue.

Retail and institutional municipal bond investors hope volume of nearly $9 billion is a sign of consistent elevated weekly volume for the remainder of the year.