Washington DC

States and local governments have turned to deficit borrowing, spending cuts and other ways to keep up with increased expenses due to COVID-19.

The $350 billion direct aid would be only about one-third of the $900 for state and local governments that the House passed last year and the Senate blocked.

The initiative aims to figure out ways to finance infrastructure as state and local governments weather the pandemic.

This is the first time a coalition representing the buy-side, sell-side and others on the business side of public finance will lobby for specific municipal bond provisions on the Hill.

After a flurry of new muni programs created in response to the pandemic, the Federal Reserve is looking to staff up.

The SSI debate is expected to highlight an array of other federal safety-net benefits that residents of Puerto Rico are denied.

Since a temporary exemption allowing muni advisors to facilitate certain private placement deals expired, a federal court cannot strike it down, the SEC argued.

The case has also has fiscal implications for Arkansas, Delaware, Nebraska, New York, and Pennsylvania.

President Joe Biden's pick for transportation secretary took questions from a Senate panel on how the nation might pay for robust infrastructure.

This would be the Government Finance Officers Association's first best practice document on ESG.

The incoming Biden administration last week proposed direct federal aid of $350 billion to state and local governments as part of a proposed $1.9 trillion coronavirus relief bill.

A handful of government representatives will give advice on 529 plans in the MSRB's Municipal Fund Securities Advisory group.

Donald Trump's departure from the White House will do little to heal the rift between the right and left, but this is still the best chance muni advocates have had in many years.

In addition to direct aid, they would get money for vaccinations, education, transit, housing, Medicaid, LIHEAP, and TANF.

The group specifically revised six of its model disclosure documents for risk disclosure including floating rate notes, fixed-rate bonds, interest rate swaps, forward delivery bonds, tender offer bonds and variable rate demand obligations.

The new Democratic Senate majority makes the path to enacting muni-friendly policy easier than it has been for years.

The SEC's Office of Municipal Securities is moving ahead on the Libor transition and issued a detailed advisory Friday to the municipal securities market.

His experience as an active regulator as head of the Commodities Futures Trading Commission may transfer to his new post.

Dealers said the pandemic has highlighted the challenges of outdated rules and the need to modernize them.

A new policy framework supports “enhanced bond financing incentives that can be used to improve water quality and reduce other environmental stressors.”