Washington

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.

Technicals could "break down" if there is a potential decline in risk assets or rising unemployment, particularly in white-collar jobs, said Jeff Timlin, a managing partner at Sage Advisory.

Economists gaming out the possibilities for tax policy in the Trump administration believe the bond market will dictate budget cuts and spending increases.

Muni investors hope "any move toward higher yields is steady, even dignified, such that it doesn't catalyze an outflow cycle that would countervail year-to-date total returns just before we close out the year," said Vikram Rai, head of municipal strategy at Wells Fargo.

Rep. Patrick McHenry, R-N.C., also said implementation of the data standards law may be tricky with the change of administrations.

Independent Financial Group, LLC failed to ensure its employees were offering low-cost options to retail customers looking to rollover a 529 plan to another state.

The $515 million bond-financed arena renovation in downtown Washington will move forward despite labor union concerns.

"Earlier this month, Chair [Jerome] Powell noted that there was no 'hurry' to cut rates," noted BMO Senior Economist Priscilla Thiagamoorthy. The minutes, she noted, "confirm a broad support for taking a more cautious approach in easing monetary policy."

APTA is pressing Congress to approve millions in relief funding for infrastructure spending related to natural disaster recovery.

Sen. Jodi Ernst, R-Iowa, who will chair a Department of Government Efficiency Senate caucus next year, wants to kill federal support for the California high-speed train.