
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.