We’re happy to announce that Brett Bolton has been named a Muni Market Rising Star by the Bond Buyer and will be featured on a panel at the Bond Buyer’s Rising Stars Conference (webinar) on September 10. Brett leads the BDA’s municipal market Capital Hill advocacy while leading efforts by the Municipal Bonds for America Coalition and co-leading…
Author: Bond Market Association
Performance Trust Capital Partners joins BDA
We are pleased to announce the BDA’s newest member firm – Performance Trust Capital Partners. Founded in 2008 by 14 firms, the BDA now represents over 100 firms headquartered nationwide and is the only DC-based association for dealers and banks active in the US bond markets. The addition of Performance Trust Capital Partners makes the…
Ways and Means to Begin Reconciliation Debate – Tax Draft Expected Next Week
House Ways and Means today announced that the Committee will mark-up, or work to finalize, the initial reconciliation draft beginning on Thursday of this week. The Committee will begin with major components of the Biden Build Back Better agenda, tackling issues such as paid leave, healthcare, and trade. While the tax title, the portion of…
BDA’s Fixed Income Leadership Three-Part Webinar Series is NEXT WEEK
Register Today! September 9-10, 2021 Thursday, September 9 Time – TBD Corporate Market Structure, New Technologies, and Liquidity Providers The conversation will focus on the evolution of electronic trading since the pandemic began, trading protocol usage, the role of non-bank liquidity providers, and what to watch in the coming year. Kevin McPartland, Coalition Greenwich…
Legislative Path Forward for Key Muni Legislation
Yesterday, the House advanced the $3.5 trillion budget reconciliation framework, a legislative vehicle to be used for additional infrastructure spending after weeks of back-and-forth between a small caucus of Democratic moderates and House Leadership. The group pushed for a vote on the Senate bipartisan infrastructure package before advancing the budget framework, however, conceded, pushing the…
House Returns to Debate Infrastructure Legislation – MBFA and BDA Continue to Advocate for Muni Priorities
Today, the House returns from August recess for a week-long session to debate budget reconciliation instructions and voting rights legislation. At this time, House leadership remains steadfast in their position that the Chamber will not debate the Senate bipartisan infrastructure package until the budget reconciliation package, which will serve as a vehicle for additional infrastructure…
Bonding Time Podcast – Infrastructure Analysis and Muni Bonds with Tom Kozlik and Brett Bolton
In this installment of Bonding Time featuring Tom Kozlik of HilltopSecurities, we discuss the ongoing infrastructure deliberations in Congress and likely next steps for the bipartisan bill as well as the budget reconciliation package that will potentially provide an additional $3.5 trillion in infrastructure spending. We also take a look at the debt ceiling and the recent extraordinary measures…
House Expected to Return Early for Infrastructure Debate – MBFA Meets with Key House Office
Next week, the House is expected to return from August Recess early for a week-long session to debate multiple infrastructure packages’ processes and potential passage. This includes the Senate passed bipartisan 1 trillion dollar infrastructure package that includes $600 billion in new money and relies heavily on PAB financing. The Chamber also passed a budget reconciliation…
Bipartisan Infrastructure Package Sails Through Senate – House Expected to Delay Deliberations Until Fall
Today, by a margin of 69-30, the Senate passed the $1 trillion dollar infrastructure compromise, sending the legislation to the House for a late September debate. The bill includes nearly $600 billion in new funding and expands the usage of PABs, including: The Rural Broadband Financing Flexibility Act (S.1676) is the template for adding broadband as an…
Bipartisan Infrastructure Package Set to Pass Senate – Bill Includes Expansion of PABs
By tomorrow, the Senate bipartisan infrastructure bill is expected to pass the Senate, setting up a September fight to get the package through the House prior to the Highway Trustfund running out of funding on September 30th. While the American Infrastructure Bond amendment did not receive a vote during the prolonged debate, the package includes…