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What once seemed like an easy potential renomination for Powell has morphed into a problem for the White House as Sen. Elizabeth Warren, a Massachusetts Democrat, and progressive groups call into question the trading activity.
October 7 -
Tax-exempt advance refundings emerge as the top priority for muni market participants as Congress debates reconciliation budget measure.
October 4 -
Congress approved a one-month extension of surface transportation programs, buying more time to continue negotiations over infrastructure and budget bills.
October 4 -
An agreement on the $10,000 limit on the federal deduction for state and local taxes is a priority for local governments.
September 30 -
Mayors are urging Congress to preserve major housing support in the reconciliation bill.
September 29 -
A merger of Beaumont Health and Spectrum Health would form the largest system in Michigan with 22 hospitals and $12 billion of revenue.
September 27 -
The country's digital divide and ailing water infrastructure would see boosts in bipartisan infrastructure bill up for House vote as soon as Monday.
September 23 -
Citi's muni strategy group had worried that a proposed 3% surcharge in the reconciliation bill would apply to tax-exempt interest, but now feels differently.
September 22 -
Tax exempt coupon income may be included in a proposed 3% high income surcharge in the reconciliation bill, Citi says
September 21 -
Friendly market provisions, including a direct-pay bond program and restoration of advance refundings, will head to full House after approval by Ways and Means Committee.
September 16