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The MSRB’s proposed changes to its fee structure fails to address the discrepancy between fees generated from dealers and municipal advisors in addition to a lack of transparency in its budgeting process.
July 7
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Federal Reserve Governor Christopher Waller said he supports raising interest rates by 75 basis points this month for a second straight meeting and “probably” a 50 basis-point hike at the following gathering in September.
July 7
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More frequent and extreme rainfall can produce amounts of stormwater runoff the city’s infrastructure was never designed to capture.
July 7
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Phil Washington would bring an issuer's perspective to the top FAA spot.
July 7
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Lawmakers approved the first $500 million for the program as a trailer bill to the fiscal 2023 budget. Bonds may be used to fill the gap.
July 7
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Fitch Ratings said the upgrade reflects the city's improved operating performance due to a robust tax revenue rebound and management's proactive budgetary actions.
July 7
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The Investment Company Institute reported investors pulled $1.372 billion from muni bond mutual funds in the week ending June 29.
July 6
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The budget package awaiting Gov. Gretchen Whitmer's signature leaves billions on the table, for now, with contentious negotiations looming over the shape of tax relief.
July 6
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Federal Reserve officials agreed last month that interest rates may need to keep rising for longer to prevent higher inflation from becoming entrenched, even if that slowed the U.S. economy.
July 6
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The Oversight Board said the budget reflects a "constrained operating environment."
July 6
