The 10 largest issuers of education issuance in the first half of 2024 accounted for $15.219 billion.
The Los Angeles Unified School District ranked first with a $2.975 billion
Source: LSEG
If the muni market "stays here at these new relationships, we'll find its footing," said John Flahive, head of fixed income at BNY Wealth.
Both states' governors said they will appeal the FEMA denials, which comes amid concern the Trump adminstration is hobbling the emergency response agency.
"Settlor's remorse" is no justification for upsetting a settled order, SEC says.
The state, which lost its positive S&P outlook due in part to previous tax cuts, could have further reductions under a bill that survived the governor's veto.
Rep. French Hill and committee leaders urged House Ways and Means to protect tax-exempt municipal bonds as Congress gears up to tackle tax policy.
The Senate's move to rely on an untested accounting method for the reconciliation bill contributes to the lack of clarity around future deficits, the ratings agency said.
