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Congress is back in Washington, D.C. with a busy week as the Senate launches its 2025 appropriation process and the House holds full Appropriation Committee votes on a transportation and housing spending measure and an energy bill that would see a significant boost in nuclear support. House Republicans have spent weeks advancing various spending measures

Municipals were little changed Tuesday outside of bumps on the front end, as U.S. Treasury yields rose slightly and equities ended mixed. The two-year muni-to-Treasury ratio Tuesday was at 65%, the three-year at 66%, the five-year at 67%, the 10-year at 66% and the 30-year at 83%, according to Refinitiv Municipal Market Data’s 3 p.m.

Federal Reserve Chairman Jerome Powell was repeatedly quizzed about interest rate cuts, banking regulations and the intricacies of the Basel III Endgame proposal by the Senate Committee on Banking, Housing, and Urban Affairs, but he disappointed markets by saying his panel needs “more good data” before it will cut interest rates.   “Inflation has eased notably

A sales tax hike to fund affordable housing in Denver would appear on the November ballot under a plan unveiled Monday by Mayor Mike Johnston.  The proposal, which calls for a 0.5% tax increase to raise about $100 million annually, comes just two weeks after the city council approved placing a 0.34% sales tax hike

Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Mike Scarchilli (00:06): Hi everyone and welcome to the Bomb Buyer Podcast, your essential resource for insights into all things municipal finance. I’m Mike Scarchilli, editor-in-Chief of the Bomb

A bond issue that is part of a settlement to end a years-long impasse between Houston and its firefighters will hit the municipal bond market this week with the higher debt load contributing to a negative outlook for the city’s rating. Most of the proceeds from the $720.4 million general obligation bond sale are earmarked

Assured Guaranty Ltd. on Monday afternoon will merge its two U.S. financial guaranty insurers into one, which it says will enlarge the pool of capital available to support its insurance policies, create efficiencies and encourage continued growth. It expects to merge Assured Guaranty Municipal Corp. into Assured Guaranty Inc. effective Aug. 1, the firm announced

Hamilton County, Tennessee, has taken steps to approve two bonds totaling $630 million. County commissioners gave preliminary approval to $260 million of general obligation bonds the county will issue for Hamilton County Schools and final approval to a $370 million bond for Erlanger Health System. The proposed school bond is to be advertised so residents

Timothy McGregor has joined Chicago-based Riverbend Capital Advisors as managing partner. He will oversee the shaping and execution of investment strategies as well as manage client portfolios and contribute to the firm’s business development. “Riverbend is really a firm that believes in treating each client specifically, on an individual basis, to meet their needs —