Michael Lissack is an expert in municipal finance with extensive experience in the tax-exempt bond market. He gained national prominence as a whistleblower who exposed the practice of "yield burning" in the municipal bond industry, where financial institutions overcharged municipalities for U.S. Treasury securities used in refinancing transactions. His efforts led to significant regulatory reforms and billions of dollars in settlements with major Wall Street firms. Lissack previously worked as a municipal bond underwriter at Smith Barney (now part of Citigroup) and has since become an advocate for greater transparency and efficiency in municipal finance. He holds advanced degrees in economics and has written extensively on market practices and structural inefficiencies in the municipal bond industry. His work has influenced policy discussions regarding the taxation and regulation of municipal securities. As a recognized authority on municipal finance, Lissack has provided expert testimony before governmental bodies and has been consulted by regulatory agencies seeking to improve oversight of the municipal bond market. His continued advocacy focuses on creating more equitable and efficient mechanisms for funding critical public infrastructure.