Election 2024
Municipal finance professionals are preparing for an important election in November, on which hinge key questions for the community. Where is tax policy headed? Who will set the tone on regulation and enforcement? Will infrastructure investment be a major priority?
The Bond Buyer will be following developments closely in the months ahead, to make sure muni market participants have the information they need about the future of their work.
What public finance professionals think about the election
According to exclusive research from The Bond Buyer, 56% of municipal finance professionals said high interest rates should be an urgent priority for the next administration and Congress. Political preference among those surveyed broke 44%-33% in favor of Democrats, with 5% saying they planned to vote Libertarian and another 18% answering that they were either undecided or preferred not to say.
Federal funds flowing from the American Rescue Plan Act must be obligated by Dec. 31 as the threat of a clawback looms as a possibility.
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Vivian Altman, Head of Public Finance at Janney, sits down with Bond Buyer Executive Editor Lynne Funk to discuss the state of the muni market, how the new-issue market is faring and where risks and opportunities exist in the space.
Barclays' Mikhail Foux talks shifting demand, BABs refundings, election effects and what it means for the asset class in a volatile market.
The future of key policies and upcoming budget battle tactics are taking shape based on several leadership changes and announcements in recent days.
Washington D.C. is lobbying Congress for an extra $47 million in expenses for the upcoming inauguration of President Trump while also raising concerns about the effects of debt ceiling squabbles on the city's credit rating.
Political change in Washington and the looming budget battle is raising anxiety in state legislatures.
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Experts are already predicting where the spending cuts will happen including the status of the tax exemption for municipal bonds.
December 6
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A job opening at the Office of State and Local Finance at the U.S. Treasury offers the chance for input from the muni community.
December 5
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Economists gaming out the possibilities for tax policy in the Trump administration believe the bond market will dictate budget cuts and spending increases.
December 4
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The incoming administration heads into the White House with a promise to create a national crypto stockpile as public finance suffers losses, issues warnings, and buys into crypto-backed ETFs.
December 3
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Scott Bessent, a hedge fund manager and noted Trump ally, is nominated for Treasury Secretary.
November 25
