The BDA’s most recent episode of Bonding Time features a discussion with Emily Brock of the Government Finance Officers Association (GFOA). The podcast was led by Brett Bolton of the BDA and covers: The current situation on the Hill and the timing for the potential “one big beautiful bill,” and other options; The status of…
Category: Featured
A Call to Action: Munis Targeted in Pay-For Draft
Contact Your Member of Congress Today Last week, a draft list of tax pay-fors was leaked from the House Committee on Ways and Means. The 50 page document contains a mix of policy repeals and the elimination of many federal tax expenditures, including a FULL REPEAL of tax exempt interest of municipal bonds, as well…
BDA Muni Advocacy Featured in BondBuyer
The BondBuyer has featured the BDA’s muni advocacy operation, the Municipal Bonds for America Coalition in a recent article discussing what is at stake during Capitol Hill tax debates. The article highlights the industry leadership by the BDA, and the work by the Government Finance Officers Association in coalescing issuer support for the tax exemption.…
BDA Q&A with Ways and Means Member Congressman David Kustoff
As part of a series of BDA discussions with key Members of Congress focused on issues of importance to the U.S. bond markets, the BDA hosted Congressman David Kustoff of Tennessee to discuss tax policy. Mr. Kustoff sits on the powerful House Ways and Means Committee and drives support for fixed-income in the tax-writing Committee…
MBFA Submits Comments to House Ways and Means Tax Working Group Promoting Municpal Bonds
This week, the MBFA coalition submitted comments promoting and advancing municipal bonds to the House Ways and Means Community Development Tax Working Group Chaired by Rep. Mike Kelly (R-PA). The Tax Working Groups were created by Committee Chair Jason Smith (R-MO) to study key provisions from the 2017 Tax Cuts and Jobs Act in preparation for broad…
BDA Featured in BondBuyer Article on Government Funding and Tax Reform
The BDA was featured in a BondBuyer article on the ongoing discussions surrounding government funding and a potential shutdown with potential impacts to tax reform in 2025. The article can be found here. The outcome of that will likely be the most consequential for the remainder of this Congress and for muni market, whose long…
Bonding Time: Market Update Featuring Tom Kozlik, HilltopSecurities
The BDA’s most recent episode of Bonding Time features a discussion with Tom Kozlik of HilltopSecurities. The podcast was led by Brett Bolton of the BDA and covers: 2024 Municipal Analyst Survey including concerns/optimism for the market; A discussion on issuance and the year over year increase; The election and potential impact on tax/muni policy…
Event Recap: BDA Hosts Public Finance Leadership Roundtable and Muni Advocacy Fly-In
Last week, the BDA hosted a Public Finance Leadership Roundtable in Washington, DC hosted by Quarles and Brady. The event featured robust discussion on timely public finance topics with senior representatives from 10 BDA member firms. Key discussion topics included: Exit of Bulge Bracket Firms from the Business and Impact on Regionals Challenges of Operating…
DC Update: Biden Ignites Tax Debate in State of the Union Address
Last night, President Biden kick-started the debate on the Tax Cuts and Jobs Act. Many provisions of the 2017 tax bill expire on December 31, 2025, including all the personal tax provisions, setting the stage for additional tax reform next year. While key BDApriorities were not discussed, the President laid out key Democrat parameters for…
BDA forms Fixed Income Technology Clearinghouse to facilitate information sharing, tech intel, and deliverables for US focused bond dealers.
Today, the Bond Dealers of America – Washington DC’s only dedicated Fixed Income Advocate – is pleased to announce the creation of the Fixed Income Technology Clearinghouse intended to help US focused bond dealers navigate their technology and back-office options including costs and deliverables. The Fixed Income Technology Clearinghouse will bring together professionals at BDA…