Feds, Maryland A.G. Slam 'Manifest Injustice' of Purple Line Halt
Maryland and Federal Transit Administration officials want a federal judge to restore funding for the $5.6 billion Purple Line light rail public-private partnership project that was shut down by court order in early August.  more »
The court-ordered halt to Purple Line rail project is costing state $13 million per month, Maryland's attorney general said.
The Government Finance Officers Association is urging its members to write senators about the need to get companion legislation to a House bill that would classify investment-grade municipal securities as high quality liquid assets under a rule by written by bank regulators.  more »
The Securities and Exchange Commission’s settlements with 71 issuers announced on Wednesday under a voluntary continuing disclosure enforcement initiative showed “a widespread and pervasive problem” with continuing disclosure in the municipal bond market but have led to some improvements, the SEC’s enforcement chief said Wednesday.  more »

Dean Fuleihan, New York City’s Director of Management and Budget, sits down with The Bond Buyer’s Senior Marker Reporter Chip Barnett to talk about the city’s fiscal 2017 budget. Fuleihan also discusses the city’s aging infrastructure and what it takes to get the right balance between maintaining the old and building the new.

While there is something wild about callable premium bonds, fortunately there may be a way to tame them.

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