Sen. Mike Crapo of Idaho, who is expected to become chairman under a Republican Senate, has been receptive to increasing the limit on bank qualified debt.
November 25
3 Min Read
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Pennsylvania nonprofit health system’s aggressive expansion has left it with a massive debt load, although default not an issue.November 25
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The budget cleared the Chicago City Council Tuesday. Rating agency and buy side reviews on the final plan will come next.November 25
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The Investment Company Institute reported municipal bond funds saw $2.675 billion of inflows in the latest reporting week.November 25
A voter-approved $5.5 billion bond measure gives the California Institute for Regenerative Medicine a new lease on life.
Municipal finance is not a top-tier issue for treasury secretaries, but Yellen has taken a strong stance for more direct aid to state and local governments during the pandemic.
The election defeat of House Speaker Nicholas Mattiello changes the Ocean State's political playing field as it faces a $275 million deficit.
The greatest risks and potential for permanent change reside in the nation’s largest cities, ones with an outsized influence over its economy and finances.
The COVID-19 pandemic has pummeled the segments of the American economy tied to public gatherings. For the cities and industries most reliant on bringing people together, adaptation and perseverance will be critical.
Even before COVID-19, urban economists and planners were pointing to a trend of suburbanization of job growth. That could now accelerate, with employers at an inflection point to assess their future needs.
Multimedia
Michael Chalker, portfolio manager and senior analyst at LM Capital Group, talks with Chip Barnett about the fixed-income markets and the fallout from the COVID-19 pandemic. (16 minutes)
Municipal Securities Rulemaking Board CEO Mark Kim talks about his priorities after recently being named CEO in October, changes to its reduced board size and transparency of the board. Sarah Wynn hosts. (34 minutes)
Podcast
The hurdles faced by Black professionals who break into the financial services belie the notion that their small numbers at the industry’s top ranks are a pipeline problem.
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Fitch Ratings cited concerns about LADWP's debt leverage in setting a negative outlook.November 25
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Sources said the JFK deal was massively oversubscribed, allowing underwriters to lower yields from 15 to 45 basis points.November 24
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The broker did not disclose conflicts of interest and altered documents, FINRA found.November 24
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The Supreme Court decision in the Aurelius case that the Oversight Board was a local entity affected the U.S. Court of Federal Claims' decision.November 24
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He was remembered for an evenhanded persona amid a tumultuous term from 1990 to 1993.November 24
