
Sarah Wynn covers securities and infrastructure for the Washington bureau.

Sarah Wynn covers securities and infrastructure for the Washington bureau.
A Government Finance Officers Association-led working group put out recommendations this week on timely and pandemic-related disclosure.
Nine major toll roads could generate more than $76 billion to help states deal with coronavirus pandemic costs.
If a relief bill with state and local government aid is not passed by the end of September, some say it could be folded into continuing resolutions, which fund the government past its Sept. 30 deadline.
Infrastructure paired with a stimulus bill similar to that of 2009 is plausible only if Democrats take the White House, Senate and House.
Both domestic and international travel have been down sharply during the pandemic.
The number of COVID-19-related disclosures reached almost 1,200 filings, but not all filings mean municipalities are being directly impacted by the virus.
An independent municipal advisor said recent efforts made by broker-dealer advocacy groups are part of a "membership battle."
Economists say it's better for lawmakers to give too much aid than not enough in uncertain times.
The pandemic presents new challenges to regulators examining municipal advisor firms.
Issuers say extending the deadline is helpful, but they still need more flexible funding such as the ability to use federal aid to replace lost revenue.
On Tuesday, the Federal Reserve reduced interest rates in its Municipal Liquidity Facility by 50 basis points in each credit rating category.
Water utilities feel they have been left out of federal relief funding, making future financing in a WRDA bill important.
A deteriorating market could change the calculus, but with rates at record lows, the MLF might not be needed for most issuers.
The board re-elected Sisk as MSRB chair amid the pandemic and an ongoing search for a new CEO.
Changes to the MSRB come a year after the proposal of legislation that would decrease the size of the board and increase the cooling off period for public board members.
Sources say compromises on top line issues like unemployment insurance spells a higher likelihood for a COVID-19 relief bill to pass and more aid to state and local governments.
Dealers are not seeing demand and are therefore not trading inventory this summer, sources say.
The bill would allow the U.S. Department of Transportation’s Maritime Administration to provide emergency relief grants to ports for the first time in response to the pandemic.
Marshall will still keep her position as chief compliance officer as she also takes on the role of interim chief regulatory officer. Lanny Schwartz left his position as chief regulatory officer almost a year ago.
Whether or not infrastructure investment is included in the next stimulus bill, more is still needed, experts say.