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The Metropolitan Pier and Exposition Authority will restructure a portion of fiscal 2023 debt service amid tax collections still recovering from the pandemic.

Several California cities have waged a multi-year climate change battle against oil companies

South Carolina-based Jasper Pellets borrowed $12.5 million in private activity bonds in 2018. A deal to settle the firm's Chapter 11 bankruptcy pays the debt.

Vern Buchanan looks poised to succeed Richard Neal as chairman of the powerful Ways and Means Committee should Republicans take the House on Nov. 8 and could offer the muni agenda a fresh start.

American Rescue Plan Act dollars amounted to around 22% of states' annual general fund budgets, according to a court filing from a trio of southern states fighting ARPA's restriction on tax cuts.

While muni performance has turned negative for October, "the asset class is significantly outperforming UST," said Jeff Lipton, managing director of credit research at Oppenheimer Inc.

In a letter to Federal Reserve Chair Jerome Powell, the chair of the Senate Banking Committee warned that the Fed was in danger of going too far in its efforts to tame inflation.

The bondholders say they are owed $8.3 billion of principal and billions more of unpaid interest.

Chicago, upgraded Friday by Fitch, will follow City Council's expected passage of a new 2023 budget next month with a new money general obligation bond issue.

As issuers push against a financial disclosure bill pending in the Senate, some buy-siders say standardized disclosure would attract more investors and boost liquidity.