Rhode Island

Municipal triple-A benchmarks held steady as the focus was on the primary in which large new issues repriced to lower yields while secondary trading was light.

Sub-1% 10-year municipals and low ratios may test investor appetite for the asset class but it is hard to ignore the strong fundamentals and substantial fund flows in the backdrop.

Lt. Gov. Dan McKee succeeds her on a day state voters approved seven bond measures totaling $400 million.

Seven measures totaling $400 million will go before voters in a state whose gubernatorial transition is on hold.

The little-known lieutenant governor is in line to succeed Gov. Gina Raimondo, who President-elect Joe Biden nominated to be secretary of commerce.

President-elect Joe Biden's cabinet picks include the governor and Boston Mayor Marty Walsh, the latter for Labor Secretary.

Gov. Gina Raimondo signed the $12.8 billion FY21 budget bill, which includes seven ballot questions on $400 million worth of projects.

For the last seven years, he held a similar position for U.S. Rep. Jim Langevin, D-R.I.

The election defeat of House Speaker Nicholas Mattiello changes the Ocean State's political playing field as it faces a $275 million deficit.

East Providence, despite the pandemic, has several economic development projects in the pipeline, including brownfield conversions of oil tanks to mixed-use.

Gov. Gina Raimondo and top lawmakers want a clearer picture from Washington over coronavirus relief aid.

State officials would break up the Kennedy Plaza depot in Providence and create smaller hubs around the city, using bond money voters approved six years ago.

The governor said the group will craft recommendations to build economic resiliency and curb costs to prepare for a post-coronavirus future.

House Speaker Nicholas Mattiello has filed bills calling for a referendum on boosting the state's reserve balance to 10% of annual general revenue over a decade.

In 15 years at Wilshire Consulting, he worked with public and corporate pension funds, foundations, endowments and insurance companies.

The supplemental spending bill is unorthodox in normal times yet an increasingly common tactic among states during the coronavirus pandemic.

States that are projecting fiscal 2021 revenue declines of more than 15% include California, Colorado, New Jersey, New Mexico, Oklahoma, and Vermont.

The Ocean State activated a dormant disaster board for emergency borrowing, a tool not available for other states in the region.

An obscure board authorized in 1973 and categorized as "military affairs and defense" approved Gov. Gina Raimondo's request despite questions about constitutionality.

The Disaster Emergency Funding Board, authorized in 1973, will consider Gov. Gina Raimondo's request for up to $300 million short term borrowing.