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In a win for the Oversight Board and bondholders, an appeals court shut down a teachers' associations challenge, but another case challenging the plan has yet to be decided.

California expects to receive nearly $40 billion from the Infrastructure Investment and Jobs Act.

Chicago must navigate council concerns over crime, traffic, gambling addiction, and labor demands as it moves closer to choosing a casino development proposal expected to generate $200 million in annual revenue.

The board says the governor will have to make many changes to its budget.

Relative cheapness, wider spreads and underperformance in munis are providing better value, all set against a very solid and resilient credit background, analysts say, but supply is testing investor sentiment amid volatility.

Lael Brainard was confirmed as vice chair of the Federal Reserve Board of Governors Tuesday in a 52-43 Senate vote, the first of four central bank nominees set for consideration by the chamber.

A trio of COVID-19 cases among Democrats is expected to delay Senate plans to confirm Federal Reserve nominee Lisa Cook and Federal Trade Commission nominee Alvaro Bedoya this week.

The Chicago Transit Authority and the Port of Long Beach are among the first public agencies to sign the Equity in Infrastructure Project's pledge.

The Metropolitan Water Reclamation District of Chicago now has $600 million of pension obligation bond authority as it aims for a 100% funded ratio by 2050.

The system is seeking about $7.7 million of past due contributions and loans.