Washington

Municipal issuers and dealers hope that the Federal Reserve's proposal to include uninsured investment-grade general obligation bonds as high-quality liquid assets under the Fed's liquidity coverage ratio requirement rule spurs other banking regulators to do the same.

The Securities and Exchange Commission has announced that Jessica Kane will be the new director of the SEC’s Office of Municipal Securities and that Rebecca Olsen will be deputy director.

Congressional Democrats, White House may find it difficult to end short-term HTF extensions when latest one lapses.

Mayor Bill de Blasio unveils an overhaul of the New York City Housing Authority, saying the agency is mired 'in its worst financial position in more than 80 years.

Municipal market trading volume fell 13% from the first quarter of last year, according to statistics released by the Municipal Securities Rulemaking Board on Tuesday.

The House voted 387 to 35 on a bill Tuesday night that would reauthorize surface transportation programs for another two months and avoid a cutoff of federal reimbursements to states for highway and transit projects during the busy construction season.

The House may vote Tuesday on a two-month extension of federal transportation funding that otherwise would end May 31.

The Financial Industry Regulatory Authority fined a dealer firm and fined and suspended an individual for violations of Municipal Securities Rulemaking Board rules, FINRA revealed in its monthly disciplinary report for May.

The closure of the Treasury SLGS window has added a degree of difficulty to some refunding deals.

Allyson Belsome is returning next week to her position as senior manager for field operations in the Internal Revenue Service's tax exempt bond office, according to the IRS.

The economic decisions municipal governments are making right now could serve as a good guide to how they might behave under fiscal stress, Public Financial Management managing director Michael Nadol told muni analysts Friday.

Any well-publicized enforcement action over whether bank loans should be treated as securities would certainly provide some guidance on this issue, Municipal Securities Rulemaking Board executive director Lynnette Kelly told muni analysts meeting here.

Against a backdrop of urgency and uncertainty, transportation advocates are offering alternative revenue streams for New York's MTA.

Lawmakers who vote to raise state gas taxes don't face an irate electorate at the next election, according to an analysis in seven states. Rep. Deb Fischer, R-Neb., introduced a bill to create a National Infrastructure Bank.

The tax-exempt financing committee of the American Bar Association's taxation section is working on a paper that will identify for tax regulators modifications to tax rules that could facilitate public-private partnerships.

The Internal Revenue Service is auditing general obligation refunding bonds issued in 2006 by the Clark County School District in Nevada.

Senate Democrats slam Republican leadership over lack of ideas for long-term highway fix.

Attorneys for All Aboard Florida told a federal judge that the private passenger train owners could close on $1.75 billion in tax exempt private activity bonds around June 8.

The Obama administration's proposal to create a new class of tax-exempt debt that is permitted within the context and requirements of public private partnership is a hopeful sign of a way forward in creating a new hybrid infrastructure financing model.

The Internal Revenue Service should withdraw or alter a controversial 2013 memorandum relating to the definition a political subdivision, provide interim guidance, and propose new rules that apply prospectively, the tax-exempt financing committee of American Bar Association's taxation section said.