Washington DC

SIFMA and BDA responded to the MSRB's request for comment on muni indices and benchmarks, and transparency was a major theme.

Fitch placed the A-plus rating on credit watch negative a week after CMEEC announced its own probe into embezzlement allegations.

The lame duck session of Congress that convened this week may include passage of a tax bill released Monday night by Rep. Kevin Brady, R-Texas, the outgoing chairman of the House Ways and Means Committee.

The IRS letter ruling publicly released Friday allows floating private equity to be used for a prohibited use for a tax-exempt bond-financed airport terminal renovation.

After last week's revelations about alleged wrongdoing by CMEEC officers, the issuer has appointed a special committee to oversee its own investigation.

Once a high-profile story of fiscal mismanagement, D.C. is now providing an example other large cities are exploring for themselves.

Connecticut Municipal Electric Energy Cooperative officials allegedly used CMEEC funds for lavish trips to the Kentucky Derby and a luxury golf resort in West Virginia.

Underwriters and issuers alike have complained about the nature of disclosures under current guidance to the MSRB's rule G-17.

Amazon's decision spurred debate about public incentives to corporations, infrastructure and housing, and how it all weighs on municipal credit.

Christian Sobrino Vega, the commonwealth’s representative to the Puerto Rico Financial Oversight and Management Board, made clear in an interview with The Bond Buyer that the commonwealth has not and will not intermingle federal disaster aid with debt payments to the island’s bondholders.

A federal court imposed an unusually stiff financial penalty and a lifetime ban against the already-jailed Christopher St. Lawrence.

The NASBO report released Thursday showed some bright spots for state ledgers.

Distinguishing abusive `pennying' from less insidious behavior is key, dealers told the MSRB.

“Asset recycling can help fix America’s serious infrastructure problems: aging, deteriorating facilities and a lack of funding for a large array of new infrastructure that would improve our quality of life," the study's author said.

Chief Judge Merrick Garland appeared unconvinced by Justice Department attorney Gretchen Wolfinger who argued on behalf of the decision by the Internal Revenue Service to release only limited information in a “suspected practitioner misconduct” case.

Examiners found that Mark Stewart Saunders was improperly relying on permission from a customer's daughter.

The dollar value of net pension liabilities rose in 43 states while the dollar value of outstanding tax-supported debt rose in 17 states, the report said.

The board stands by its chief economist's conclusions after criticism from the Bond Dealers of America.

The MSRB should tread carefully in basing future research or rulemaking on its July study of secondary market spreads, BDA said.

The incoming chairman of the House Transportation and Infrastructure Committee is optimistic of striking a deal with President Trump on major infrastructure legislation, noting that House Democrats will need White House support to get the Republican-controlled Senate on board.