Washington DC

The Municipal Securities Rulemaking Board heads into its new fiscal year focused on market regulation, improving data for the muni market, and updating its EMMA technology platform.

"The major question is whether a shutdown is going to result in a ratings impact in the municipal market, and the answer here is no," said Jennifer Johnston, director of research for Franklin Templeton's fixed income-municipal bond team.

The House Financial Services Committee grilled SEC chief Gary Gensler Wednesday.

Republican-led states sued over the rule, arguing in part that it would injure states like Wyoming that depend on tax revenue from fossil fuel industries.

The firm, without admitting or denying the findings, agreed to pay a $60,000 civil penalty.

California Gov. Gavin Newsom said the $202 million grant signals the Biden administration's commitment to "clean, electrified high-speed rail into the heart of some of the largest and fastest growing cities in California."

The embattled Senator has an extensive understanding of public finance issues and has worked with muni groups on important legislation.

The bill is expected to pass this week in a move that would open the flood gates for banks and financial institutions to involve themselves legally in the banking of cannabis profits.

The MAMBA Act would modernize IRS rules affecting private activity bonds.

State and local governments showing strength in a time of financial uncertainty