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WASHINGTON — The federal debt limit must be raised by the end of March to avoid the suspension of federal programs such as state and local government series securities that municipal issuers purchase for advance refunding escrows, Treasury Secretary Timothy Geithner warned Thursday.
January 6 -
WASHINGTON — House members voted 240 to 191 Wednesday to adopt Republican-approved rules for the 112th Congress that transportation and business groups claim will hurt funding for programs and possibly curb the ability of states to finance projects with bonds.
January 5 -
WASHINGTON — Issuers and their attorneys are fighting a provision in the Securities and Exchange Commission’s proposed rules for municipal advisers that would require appointed board members of municipal entities to register with both the SEC and the Municipal Securities Rulemaking Board if they advise on the issuance of municipal securities.
January 5 -
ALAMEDA, Calif. — Rocked by the recession, the rural California city of Chowchilla has stopped making payments on the bonds it used to finance its city hall.
January 5 -
WASHINGTON— A federal judge in New York has denied a request by David Rubin, founder of CDR Financial Products, to transfer a bid-rigging case against him, his firm and two other former CDR officials to a federal court in Los Angeles.
January 4 -
Kimberly Betterton, a municipal bond and tax lawyer, has joined Ballard Spahr LLP in Baltimore, the firm announced Tuesday.
January 4 - California
ALAMEDA, Calif. — Jerry Brown warned that solving California’s budget deficits will be a tough job requiring a lot of sacrifice as he began his second stint as governor Monday.
January 4
- Washington
WASHINGTON — The Depository Trust Co. has more than doubled some of the fees it collects from municipal issuers for new bond transactions, drawing anger from issuers who are vowing to fight the increases.
January 4 - Washington
Looming budget gaps for fiscal 2012 are the top concerns state legislators face as they begin their 2011 lawmaking sessions, according to a survey conducted by the National Conference of State Legislatures.
January 4 -
SAN FRANCISCO — A Superior Court judge has lifted a temporary restraining order that blocked a public-private partnership set to rebuild the southern link to the Golden Gate Bridge.
January 3
