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Municipal bonds, issued by state and local governments, finance infrastructure investment and should be the foundation of any modernization package.

The commonwealth's largest public pension fund acknowledged an erroneous investment return that was just high enough to avoid triggering a teacher risk-sharing provision.

Roddy Devlin, a partner at Nixon Peabody, explores President Biden's $2.3 trillion bill, which he says "dwarfs anything we've seen for decades." Paul Burton hosts. (23 minutes)

“It’s too early to talk about changing monetary policy ... We want to stay with our very easy monetary policy while we are still in the pandemic tunnel.” Bullard said Monday.

Rating agency moves on credits across the spectrum are pushing spread-tightening in munis, but the broader economy is still two years away from pre-pandemic levels, according to Federal Reserve Bank of Boston President Eric Rosengren.

The COVID-19 pandemic is both reinforcing traditional strategies that drive consolidation and steering new trends

The deficit last month was $659.6 billion, the third-largest on record and biggest since last June.

OMB Acting Director Shalandra Young described the summary as “the administration’s proposal for topline FY 2022 discretionary funding.”

While state budget language restricts the governor's use of $1.3 billion of bonding, he has other options as transit advocacy groups push back.

Texas A&M University System purchased the privatized housing at three campuses through a taxable revenue bond deal.