Washington DC

They are pushing the U.S. Senate for up to $36 billion, citing the devastating effects from COVID-19.

Coronavirus-related disclosures last week reached to just over 600 filings, but it is still a far cry from just less than a month before which saw 1,200 filings.

Six states took revenue hits above 30%, according to report.

During a Brookings Institution annual conference, the Fed's Kent Hiteshew said it is continuing to monitor the market and if extra help is needed, the Fed is poised to consider it.

Setting capital investment priorities and other efficiencies can help the public transit system through its coronavirus-related fiscal crisis, a budget watchdog says.

From 2009 to the first half of 2019, the number of competitive bids increased, helping issuers get the best selling price, the MSRB says.

Fourteen states and 19 local authorities have delayed or canceled road, transit and airport projects worth $8.58 billion due to the coronavirus.

State and local government layoffs already have been triple the amount of job losses that occurred during the Great Recession.

The new direct-pay bonds would be an improvement from the Build America Bonds because they would be exempt from the sequestration cuts.

Thirteen states and territories already have received federal authorization to borrow $17 billion to pay unemployment insurance claims.

The mayor of Tupelo, Mississippi said he has not seen federal funds reach his city of 38,000 yet.

Conditions under a recently announced temporary exemption are narrow, SEC staff said, despite push back from dealers.

Restoration of tax-exempt advance refunding might be inserted into the Senate's coronavirus relief package.

Analysts had mixed reactions on what could have caused the decline, pointing to some municipalities closing out their fiscal years at the end of June.

The online NGA meeting is the latest in a string of conferences that have been moved to the web this year because of the COVID-19 pandemic.

Jay Clayton's recent testimony to federal lawmakers was "troubling," the dealer group said in a letter to the SEC chairman.

Sen. Chuck Grassley, R-Iowa., said the future needs of issuers are uncertain.

The House is expected to pass a $1.5 trillion dollar infrastructure package, mostly along party lines, while a bipartisan Senate bill to restore advance refunding may build momentum in that chamber.

Fed Chair Jerome Powell told House Financial Services Committee Chairwoman Maxine Waters that the Fed was looking at ways to adjust the Municipal Liquidity Facility to make some additional issuers eligible.

The bipartisan Modernizing Agricultural and Manufacturing Bonds Act would expand the small issue manufacturing bonds and first-time farmer bonds programs.