Member Charles Samuels spoke with The Bond Buyer about how different outcomes of the upcoming presidential election could impact the municipal bond market and the potential implications of a Republican or Democratic administration.  

Charles says, “A Republican victory could mean that tax-exempt bonds in general and private activity bonds in particular will be under challenge but a Democratic victory is not necessarily all an upside. Democrats have a history in recent decades of ignoring traditional municipal finance and emphasizing new toys like BABs and infrastructure banks, as well as promoting unnecessary legislation and regulation like FDTA. Lobbyists have to be prepared for any eventuality.”

Source

The Bond Buyer