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The Federal Reserve’s Main Street Lending Program, which was designed to provide emergency support to mid-size U.S. companies during the pandemic, lent out a total $17.5 billion.

More than 30 finance chiefs of major U.S. cities sent a letter to the Biden Administration making their case for direct aid and new borrowing tools

Even if there was some hesitation in the past few sessions to accept lower municipal yields given rich valuations, municipals continue grinding lower. One- and two-year AAA yields hit record lows of 0.06% and 0.08%, respectively.

The state plans a series of municipal bond sales with tailwinds from upbeat fiscal news, including its first surplus on a GAAP basis.

The judges found the appellants had failed to seek stays or appeals of the approved bond restructuring — on about $17.6 billion of debt — in a timely fashion and the plan had advanced well beyond the point where it could be practically undone.

A House committee is considering for the first time how grants for ports will be appropriated to combat the pandemic.

The IRS Tax Exempt Bond unit closed nearly 300 cases instead of attaining its earlier goal of around 500 cases.

Bouts of higher inflation won’t be surprising and while they’ll likely be transitory, it’ll be something to watch closely, said Federal Reserve Bank of Dallas President Robert Kaplan.

Transportation officials weigh the potential and pitfalls of this public-private development mode amid a financial squeeze during the coronavirus.

Tom Kozlik of Hilltop Securities examines variables related to President Biden's first-stage rescue package, including market reaction, state-local aid and vaccine rollout. Paul Burton hosts; Recorded Jan. 27. (19 minutes).