Washington DC

A judge said that the lawsuit filed on behalf of California accusing major banks of colluding to inflate VRDO interest rates did not allege the means of the conspiracy.

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

Chao tweeted her resignation on Wednesday following violent turmoil in the U.S. Capitol.

Ross expects 2021 to be another challenging year and plans to work vigilantly with other muni market stakeholders.

Sources expect funding to be put to use quickly compared to the CARES Act since many cities since stood up programs to provide pandemic related aid to households and small businesses.

Bond attorneys said the new rules fill in some holes because the IRS previously only had a process for tax-exempt bonds.

The apparent victories by Democrats in two Senate runoff races in Georgia is a "game changer" for public finance.

The National Association of Bond Lawyers wrote to the IRS in November 2019 asking for a significant reduction in the fee.

Lynnette Kelly started new positions at the Financial Accounting Foundation and at the Milken Institute.

Robbi Jones, principal at Kipling Jones & Co., received that ruling on appeal from FINRA’s National Adjudicatory Council late last month.

Sources say pricing of bonds will be a prevalent issue in 2021 following comments made by bipartisan SEC commissioners.

The Treasury and IRS have only granted a few of the National Association of Bond Lawyers' requests for pandemic-related regulatory relief.

The program has drawn comparisons to the Securities and Exchange Commission's MCDC.

The MSRB is planning to overhaul existing rules in 2021, while stakeholders will lobby the SEC for and against reviving a registration exemption for muni advisors.

Republican Commissioner Elad Roisman was named SEC acting chair and is unlikely to push any major initiatives in his short time, but he does have a focus on fixed income markets.

Tuesday's decision keeps the trial process rolling along, progress the accused banks were hoping to halt with their appeal.

Sen. Charles Grassley of Iowa's ask seems unlikely given that tax law originates in the House and incoming President Joe Biden's proposals to increase taxes.

Public finance groups are optimistic 2021 will be a breakthrough year for federal tax law changes to help spur the use of tax-advantaged bonds.

Massachusetts Treasurer Deborah Goldberg said state officers pivoted quickly as the coronavirus pandemic escalated.

Sources see ways to get more investment in infrastructure with municipal bond provisions, but bipartisanship will be essential.