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The legislation would give Puerto Rican voters the choice to become a state and Congress would be bound to accept.

A letter of credit would be used, in part, to help fund a settlement between WAPA and its fuel supplier Vitol.

The $7 billion portfolio consists of highly rated, lower-coupon muni debt. It is unlikely to be a single auction and the firm is currently circulating the list on the Street to gauge interest.

The top two municipal bond insurers wrapped $5.735 billion in the first quarter of 2023.

Secretary of Transportation Pete Buttigieg appeared before the House Appropriations Committee to warn of serious consequences of budget cuts.

Illinois' $2.5 billion transaction took center stage Wednesday as the state's first GOs to carry an A-level rating since 2016 still offers a healthy yield kick over the A and BBB benchmarks.

The $3.3 billion Transportation Modernization act allows for P3s for roadway development, a first for the state.

The taxable bonds would finance a bottling and other facilities, which would be leased to a private business.

"The funds made available to local governments in the American Rescue Plan Act have been a lifeline to our nation's communities," said National League of Cities CEO Clarence Anthony.

The proposed budget would add 400 more police officers and spend $1.3 billion on programs to ease homelessness.