The Municipal Bonds for America Council is planning a “virtual fly-in” for Steering Committee members May 5-12. The event will include meetings with senior staff on Capitol Hill and the Administration and will provide MBFA members with the opportunity to talk with policy and decisions makers on MBFA priorities such as: Restoration of tax-exempt advance refundings; Expansion…
Author: Bond Dealers of America
Fixed Income Insights: BDA’s Quarterly E-Magazine – Spring 2021
Fixed Income Insights Digital Magazine – Spring 2021 – NOW AVAILABLE
The BDA’s quarterly digital magazine, Fixed Income Insights, is now available right here by clicking on the image. It can also be viewed on the new BDA app, FI Insights, which can be downloaded in the Apple store, Google play store, and Amazon app store. To view the new spring edition online, please click the image above.…
The Washington Weekly: Infrastructure in Trouble?
Even with Congress in a two-week Easter recess, news continues to trickle out of Washington, DC, potentially putting the infrastructure package in jeopardy. This week Senator Manchin put his mark on the debate, continuing to flex his muscle as the swing vote in the 50-50 split Senate. The Senator from West Virginia continues to push…
Event Recap: Fixed Income Legal and Compliance Roundtable
Yesterday, the BDA was joined by the SEC, FINRA, and MSRB for a Fixed Income Legal and Compliance Roundtable. 55 fixed income professionals from over 30 firms participated in this roundtable at which pressing regulatory and legal issues – impacting institutional and retail fixed income – were discussed. Thanks to our sponsors DPC Data and…
Ways and Means Chair Neal Reiterates Support for Bond Financing in Infrastructure Package
Following the announcement of the Biden infrastructure plan, House Ways and Means Chairman Richard Neal (D-MA) signaled that he plans legislative changes to the original draft, including ensuring that bond financing plays a role in the final package. His statements this week reiterate what the Chairman discussed during the BDA’sEngage Capitol Hill 2021 event last…
President Biden Touts Outline for $2.2 Trillion Dollar Infrastructure Plan
Yesterday, President Biden spoke on his Administrations’s initial outline of a $2.2 trillion dollar infrastructure plan, laying the groundwork for the second major initiative of the Administrations Build Back Better plan following the recent passage of a $1.9 trillion dollar COVID relief package. While the plan did not discuss financing in great detail, including bond…
New Blog Post: Will the Biden Administration Get it Right on Infrastructure?
Tomorrow we expect President Biden will launch the debate over a comprehensive federal infrastructure initiative. In our latest blog post, guest columnist George Friedlander asks and answers the question “If the next major federal initiative is for infrastructure, how do we get it right?” In the piece, George considers the challenges facing the administration as…
House Bill to Reinstate Tax-Exempt Advance Refundings Introduced
BDA and MBFA Continue to Advocate for Inclusion in Infrastructure Package Today, Municipal Finance Caucus Co-Chairs Reps. Dutch Ruppersberger (D-MA) and Steve Stivers (R-OH) reintroduced legislation that would reinstate tax-exempt advance refundings. This follows the recent introduction of a companion bill in the Senate by Roger Wicker (R-MS) and Debbie As a long-standing priority for…
Engage Capitol Hill 2021 – Ways & Means Chair Neal Reiterates Support for BDA and MBFA Muni Bond Priorities
Yesterday, the BDA Board hosted House Ways and Means Chairman Richard Neal (D-MA) as part of our Engage Capitol Hill 2021 initiative for an hour-long conversation on BDA and MBFA municipal bond legislative priorities. The Chairman discussed prior Committee activity including the recently passed stimulus package, the current turn to infrastructure, and the recent hearing…