The municipal bond market has long been a critical avenue for funding essential services, and within this sphere, public power bonds hold a significant niche. As the world grapples with the dual challenges of climate change and increased energy demands, investors are increasingly calling for transparency from utilities regarding their climate-related objectives and power demand
funding
As the financial landscape shifts under the looming Federal Open Market Committee (FOMC) meeting, the municipal bond market, alongside U.S. Treasuries, is grappling with a mix of tension and cautious optimism. Recent trends reveal a complex interplay between market expectations, yield fluctuations, and the economic forecast as investors navigate these uncertainties. The municipal bond market
The Congressional Budget Office (CBO) has recently released a report proposing the elimination of new tax-exempt qualified activity bonds (PABs) as a strategy to mitigate the national budget deficit. These bonds play an essential role in financing a variety of public and nonprofit projects, from affordable housing developments to critical infrastructure such as roads and
On December 17th, 2024, the Atom Accelerator DAO (AADAO) made headlines by announcing a remarkable funding initiative aimed at bolstering the CosmWasm project. With a pledge of $250,000, AADAO is providing vital support to Confio, the driving force behind CosmWasm’s development since its inception in 2020. This financial commitment is mirrored by another $250,000 contribution
The ongoing legal battle concerning the construction of a new jail in Oklahoma County has become a focal point of discussion among local officials and residents alike. At the heart of the discourse is the recent decision by county commissioners to explore the possibility of settling litigation with Oklahoma City. The complexities of this issue
The dynamics surrounding infrastructure spending in the United States are poised for a substantial transformation in 2025, propelled by the priorities of the House Transportation and Infrastructure Committee. Under the leadership of Sam Graves, this committee is expected to engage energetically with the new administration to advance a fresh infrastructure agenda—one that emphasizes not only
In light of escalating security concerns, Washington D.C. has made an urgent appeal to Congress for an increased budget allocation, seeking $932 million for the fiscal year 2025. This request exceeds last year’s budget by $142 million and is largely motivated by preparations for the upcoming Presidential Inauguration. Congressman Dave Joyce, representing Ohio, emphasized the
The journey to realizing a high-speed rail system in California has been fraught with political intrigue, budgetary obstacles, and public skepticism. With the ambitious plan initially proposed over a decade ago, the state now grapples with rising costs, significant delays, and a wavering federal commitment, particularly as the political landscape evolves. When California first floated
As the municipal bond market navigates through fluctuating dynamics, recent trends suggest that investors are recalibrating their approaches in response to a larger slate of new issues on the horizon. Over the recent weeks, municipal bonds have exhibited minimal movement, with some segments revealing slight weakening. Additionally, the U.S. Treasury (UST) yields have shown notable
In recent years, Connecticut has recognized the pressing need to invest significantly in its transportation infrastructure. According to the state’s fiscal accountability report, forthcoming years promise an escalation in borrowing for this critical sector. Amidst challenges of red tape and staffing shortages, state officials are strategizing to leverage available federal resources, aiming to address a