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The transition away from Libor presents challenges for small issuers with fewer resources to evaluate legacy contracts.

Triple-A benchmarks were cut two to six basis points across the curve with the largest moves concentrated again on bonds inside 10 years, underperforming Treasuries once again.

Pat Toomey, the top Republican on the Senate Banking panel, questioned the backgrounds of President Biden’s Federal Reserve picks amid a brewing conflict over diversity at the central bank and its role in dealing with climate change.

Virgin Islands Sen. Kurt Vialet said he expects the legislature to approve the refunding bill by Monday. The current bill does not include an interest rate cap that killed a refunding deal attempted in September 2020.

The Texas attorney general’s office is seeking more information on Citigroup’s gun policies as the bank stages a comeback in the state’s municipal bond market.

The Federal Highway Administration has acknowledged it lacks the authority to tell states how to spend federal infrastructure dollars, AASHTO said.

Schank, who will be a managing principal at the private consultancy, said he accomplished the goals he set when he moved to LA Metro seven years ago.

Gov. Tim Walz is pitching a record $2.7 billion capital bonding package and has proposals for the legislature about how to use a record $7.7 billion surplus.

Industry advocacy groups want uniform rules that enhance clarity and common understanding without adding complexity or liability.

John Hallacy of John Hallacy Consulting LLC sits down with Chip Barnett to talk about what the municipal bond market will face in 2022. He discusses inflation, new issuance volume, and the future of infrastructure this year amid the lingering effects of COVID and Omicron. (19 minutes)