WASHINGTON -- The House Republican transition team has agreed to a plan establishing the jurisdiction and size of House committees, including several that have a major effect on issues that are important to the municipal bond market.

The GOP leadership's proposal, which will not become final until it is approved by the full Republican caucus next Wednesday, also would change the ratio of Republicans to Democrats on major panels, such as Ways and Means, so that they would be disproportionately tilted to the GOP -- the same thing the Democrats did when they controlled Congress.

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