Washington DC

Porter Bingham stands accused of stealing $33,000 from the city of Rolling Fork, Mississippi.

The House's powerful speaker will need to win the votes of moderates.

Nine mayors from across the country backed House Speaker Nancy Pelosi’s double-barreled strategy to move infrastructure legislation.

The announcement came after the municipal advisors trade group said it had received a report of COVID-19 exposure at a testing site.

At stake, from SIFMA's perspective, is the potential of the SEC to revive the exemption in the future.

The legislation passed the Senate by 69-30 setting the stage for House lawmakers to work on it and for Senate Democrats to weigh a social infrastructure agenda.

Treasury has already halted the sale of state and local securities, known as SLGS.

The board will have 15 members for its fiscal year starting Oct. 1.

Effective spread data yielded interesting results about the way corporate and municipal bonds were treated by Fed backstop programs.

The board decided last month it would seek commission approval to tweak rules related to mandatory disclosures.

The two issuances under IRS scrutiny join an earlier debt issuance the county disclosed publicly late last year.

While the bipartisan deal includes some helpful provisions, it does not contain any of the top priorities of municipal bond market advocates.

Municipal issuers are missing the low-borrowing-cost opportunity to finance repairs and modernize infrastructure, says Merritt Research Services.

The IRS is seeking comments on a change that may benefit many issuers.

It was a busy quarterly board meeting for the MSRB.

Whether a BABs-like program could make it into actual law in Washington is still highly uncertain. What is certain: Some form of infrastructure spending is must-pass legislation because federal-aid highway funding is set to expire in October.

Wednesday will be the first Senate vote on advancing a bipartisan infrastructure deal.

NFMA's white paper could serve as a template for future emergency events, in addition to the current pandemic.

Hospital consolidation continued though the coronavirus pandemic; how the Biden administration's pro-competition executive order will play out remains unknown.

Brian Egan will take up the mantle of being the primary voice for bond lawyers in Washington.