Washington DC

The gap between the two sides includes state and local aid, with the administration offering to agree to $200 billion while the HEROES Act favored by Democrats would provide $915 billion.

The board re-elected Sisk as MSRB chair amid the pandemic and an ongoing search for a new CEO.

Changes to the MSRB come a year after the proposal of legislation that would decrease the size of the board and increase the cooling off period for public board members.

Sources say compromises on top line issues like unemployment insurance spells a higher likelihood for a COVID-19 relief bill to pass and more aid to state and local governments.

Dealers are not seeing demand and are therefore not trading inventory this summer, sources say.

Florida and Georgia have spent tens of millions of dollars in litigation over water rights in the case before the U.S. Supreme Court.

The bill would allow the U.S. Department of Transportation’s Maritime Administration to provide emergency relief grants to ports for the first time in response to the pandemic.

The letter, which includes signatures by 42 Republicans, requests an enhancement to the 4% Low-Income Tax Credit.

Marshall will still keep her position as chief compliance officer as she also takes on the role of interim chief regulatory officer. Lanny Schwartz left his position as chief regulatory officer almost a year ago.

Whether or not infrastructure investment is included in the next stimulus bill, more is still needed, experts say.

Prominent current and former public officials and analysts broadly agree that states and localities are headed for deep financial holes without additional and substantial federal aid.

County leaders say added flexibility in CARES Act spending in the Senate GOP bill is limited.

Hilltop was fined a total of $475,000, with $100,000 pertaining to violations of municipal securities rules.

It is unlikely that transit agencies will get the full amount, but the Senate's new bill implies possible discussion for more transit funding.

The National Conference of State Legislatures said the proposal “ignores the economic realities in the states."

The two series are $355,730,000 Power Revenue Bonds, Series EEE, and $320,175,000 Power Revenue Bonds, Series YY.

This revision represents an update of Statement 34 issued in June 1999.

The bond lawyer group's No. 1 suggestion is to loosen the rules governing state and local government borrowing for working capital.

The Puerto Rico oversight board warned that without restructuring, PREPA faces about $4.5 billion of legacy debt service obligations in the next five years.

A Republican-led Senate and White House proposal that was circulating among lobbyists earlier this week indicated the major benefit for local governments would be new language providing greater flexibility for Coronavirus Relief Fund grants.