Washington

The House oversight subcommittee hearing was titled "Virtue Signaling vs. Vital Services."

Bond attorneys are eyeballing the possibility of attaching a tax title to the surface transportation reauthorization that could include issues of great interest to the municipal bond community as the appropriations process remains stuck in first gear.

The White House said it will appeal a circuit court ruling allowing Federal Reserve Gov. Lisa Cook to remain on the central bank board while her lawsuit challenging her dismissal is litigated.

Despite the expected rate cut, analysts will be watching the Federal Open Market Committee's actions for other reasons.

Infrastructure like vertiports may be financed with municipal bonds.

The medal recognizes distinguished service in public finance overall.

Turmoil and turnover at the Internal Revenue Service is causing headaches for bond attorneys attempting to comply with audits or searching for answers about complex public finance issues.

Investors added $2.183 billion to municipal bond mutual funds in the week ended Wednesday, following $623.3 million of inflows the prior week, according to LSEG Lipper data.

Sanchez cited affordable housing and "project-based" types of transactions as areas "where we are seeing … lawyers more openly engaging in structuring that might be problematic." 

With an insolvent Highway Trust Fund, toll revenue and PABs are increasingly important for transportation financing, lobbyists said.