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February 6, 2012
Milwaukee County Official Caught in Sting
CHICAGO — Milwaukee County Supervisor Johnny L. Thomas Jr. has suspended his campaign for Milwaukee city comptroller after criminal charges were filed against him late last week for accepting a bribe during a sting operation in exchange for advancing a financial advisory contract.
February 3, 2012
California Continues Its Recent Attitude of Restraint Toward Debt
SAN FRANCISCO — California, traditionally the largest issuer of municipal bonds in the country, is set to constrain its bond sales for another year, tightening supply to one of the hungriest markets of all time.
February 2, 2012
Illinois' Quinn Seeks Reforms But Leaves Out Fiscal Details
CHICAGO — Illinois Gov. Pat Quinn called for legislative action this year on pension and Medicaid reforms to stabilize the state’s fiscal house but offered few details on how to accomplish that goal in his state of the state address Wednesday during which he rolled out plans for new tax credits and more education spending.
February 1, 2012
President to Stick With 28% Muni Cap in Budget
WASHINGTON — President Obama’s fiscal 2013 budget will propose a 28% cap on the value of tax preferences, including tax-exempt interest for municipal bonds, according to knowledgeable sources.
January 31, 2012
Board Details Price Transparency for Retail
WASHINGTON — Municipal Securities Rulemaking Board officials on Monday detailed a series of initiatives designed to increase price transparency for retail investors and improve disclosure of conflicts of interest, information about bank loans, and payments made to or received by underwriters and municipal advisors.
