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Banks failed to convince the court that the lawsuit doesn't meet the legal hurdles for a false claims action.

Nicole Gelinas from the Manhattan Institute discusses the economic blows to New York City and the MTA from the pandemic, and options available. Paul Burton hosts the program, recorded one week ago.

The Federal Reserve has opened a temporary repurchase agreement facility for foreign central banks to support the smooth functioning of financial markets.

A more measured tone settled in on Monday as new deals begin to price in a coronavirus-weary marketplace. Municipal credit is beginning to come into focus.

Actions by the Fed and the passage of the CARES Act have served to calm the markets to a large degree during the recent choppiness. These actions will ease the way for some deals to come to market this week.

After seven months of surplus revenue, Arkansas seeks to avoid a deficit due to coronavirus fallout.

Of $10 billion allocated in the CARES Act, public airports can use $7.4 billion for any lawful purpose, including the payment of debt service.

The firm will pre-qualify competitive sales to make sure they meet the ICMA’s green or social bond principles.

NABL suggested that the federal government be allowed to purchase new issues of tax-exempt bonds.

AA-rated Las Vegas saw its outlook revised to negative by S&P Global Ratings with casinos shuttered and visitors absent.