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The $500 billion SMART Fund would be divided equally into thirds based on population, COVID-19 cases and state revenue losses.

Mayor Eric Garcetti announced plans to furlough thousands of city employees because of coronavirus-driven shortfalls.

Fed officials also talk about the muni liquidity facility and efforts to help the economy in the wake of the COVID-19 pandemic.

Hard on the heels of last week's successful California sale, the municipal bond market will see some much needed supply head its way this week.

Bexar County Commissioner Justin Rodriguez will join Dallas Mayor Eric Johnson on Locke Lord's Texas public finance team.

Phil Murphy is developing an emergency borrowing plan to combat revenue loss amid the coronavirus pandemic.

While many new-issues are still on the day-to-day calendar for next week, more are being slated to price on specific days, signaling that dealers and issuers are ready to again test the primary.

Federal operating aid will help manage the Illinois Regional Transportation Authority's expected tax and farebox hits this year but storm clouds loom.

In a letter sent to the Fed Thursday night, House Financial Services Committee Chairwoman Maxine Waters said she wanted more issuers to participate in the Fed program.

Forecasts see contraction of 5.3% to 7.4% this year and recovery in 2021.