
Sarah Wynn covers securities and infrastructure for the Washington bureau.

Sarah Wynn covers securities and infrastructure for the Washington bureau.
A House committee is considering for the first time how grants for ports will be appropriated to combat the pandemic.
The SEC opened a request for comment on money market fund rules, which could provide an opening for localities seeking a return to a stable net asset value.
State and local officials have nearly exhausted their emergency reserves, rainy day funds and reasonable credit options, the National League of Cities said.
Dealers say increased focus on systemic pennying has decreased its activity, while others aren't so sure.
The dealer group is concerned the SEC may provide another exemption for municipal advisors to work on private placement deals.
The reduction would be the largest the MSRB has done, substantially more than a previous one which caused a loss of $5.2 million.
States and local governments have turned to deficit borrowing, spending cuts and other ways to keep up with increased expenses due to COVID-19.
The initiative aims to figure out ways to finance infrastructure as state and local governments weather the pandemic.
This is the first time a coalition representing the buy-side, sell-side and others on the business side of public finance will lobby for specific municipal bond provisions on the Hill.
After a flurry of new muni programs created in response to the pandemic, the Federal Reserve is looking to staff up.
Since a temporary exemption allowing muni advisors to facilitate certain private placement deals expired, a federal court cannot strike it down, the SEC argued.
President Joe Biden's pick for transportation secretary took questions from a Senate panel on how the nation might pay for robust infrastructure.
This will be MSRB’s first board meeting of the calendar year.
This would be the Government Finance Officers Association's first best practice document on ESG.
A handful of government representatives will give advice on 529 plans in the MSRB's Municipal Fund Securities Advisory group.
The group specifically revised six of its model disclosure documents for risk disclosure including floating rate notes, fixed-rate bonds, interest rate swaps, forward delivery bonds, tender offer bonds and variable rate demand obligations.
The new Democratic Senate majority makes the path to enacting muni-friendly policy easier than it has been for years.
His experience as an active regulator as head of the Commodities Futures Trading Commission may transfer to his new post.
Dealers said the pandemic has highlighted the challenges of outdated rules and the need to modernize them.
A judge said that the lawsuit filed on behalf of California accusing major banks of colluding to inflate VRDO interest rates did not allege the means of the conspiracy.