The suggestion was barely out of FDIC Chairman Sheila Bair's mouth before lawmakers began embracing the idea of creating a systemic risk council to oversee large financial companies.
The Ways and Means Committee passed the reporting bill last week along party lines.
Deals that offer some value and spread opportunities will be well-received, while those that are less attractive or higher quality might face some challenges in certain parts of the curve, said Jeff Timlin, managing partner and head of municipal bond investing at Sage Advisory.
Federal Reserve Board Gov. Christopher Waller says he is OK with dialing down the amount of communication issued by the central bank's monetary policy committee, but doesn't want the central bank to throw out the baby with the bathwater.
The MBTA may be moving past its days of literal train wrecks, but creating a better system is costly.
A pair of decisions from the U.S. Supreme Court may lead to a more pro-bondholder Puerto Rico Oversight Board.
Chicago had a $219 million surplus at fiscal year's end 2025, despite declines in governmental activities' net position and in investments after moves to boost liquidity.
