Muni market “cautiously optimistic” after GOP tax bill leaves tax exemption untouched
Municipal market participants Monday cheered the survival of their prized tax exemption in the first draft of a sweeping House tax bill but weren't quite ready to pop the Champagne. The release of the Ways and Means Committee tax bill Monday kicks off complex and high-stakes negotiations during which the muni market could find itself again in the crosshairs. Source: The Latest