Washington DC

Florida’s attorneys cite flaws and errors in a special master’s report to support overturning its conclusions.

The $500 billion SMART Fund would be divided equally into thirds based on population, COVID-19 cases and state revenue losses.

In a letter sent to the Fed Thursday night, House Financial Services Committee Chairwoman Maxine Waters said she wanted more issuers to participate in the Fed program.

The MSRB's proposal to implement a more strict standard for public board members would impede the recruitment of qualified candidates, ICI said.

BDA and GFOA want the Fed to make its Municipal Liquidity Facility more accessible.

GASB said the delay comes in response to a number of requests because of the coronavirus pandemic, with some finance officers asking for up to an extra two years.

Los Angeles County was entitled to $1.7 billion but will lose $696 million that goes back to the state capital in Sacramento.

The FAA announcement came several hours before the Treasury Department said it has reached loan and grant agreements with major passenger air carriers.

Starting on March 10, ETF prices consistently diverged from benchmark indices and were underpriced for about 10 trading days before converging again.

The board will "review the MSRB’s organizational response to the COVID-19 pandemic, including measures to ensure the safety of staff and stakeholders."

More than 1,900 out of 2,180 cities surveyed recently by the NLC and U.S. Conference of Mayors are expecting budget shortfalls.

Due to the coronavirus, a plant in Indiana may not be able to make its bond payments.

Among NABL's asks from Congress is to introduce a direct-pay taxable bond program through a new proposed bill.

The MSRB wants to give dealers and muni advisors more time to implement amended rules and interpretive guidance as well as finish professional qualification and supervisory requirements.

The office of Illinois Attorney General Kwame Raoul informed a Cook County court it will not allow the Edelweiss lawsuit to be dismissed on public disclosure grounds.

Democrats proposed an additional $100 billion for hospitals and $150 billion for state and local governments.

States can still take necessary steps to make crucial changes to their budgets as the coronavirus pandemic hampers the economy.

The Municipal Liquidity Facility will purchase up to $500 billion of short-term notes.

Stay-at-home orders and school closures driven by COVID-19 have cut traffic in half or more on many toll roads and bridges.

Leading Democrats support Mitch McConnell's $250 billion for small businesses and want another $250 million for hospitals and state and local governments.