Randal K. Quarles was sworn in as a member of the Federal Reserve Board of Governors and as vice chair for supervision on Monday, the Fed said.
Following his confirmation, Quarles took office on October 13 to fill an unexpired term ending on Jan. 31, 2018.
His term as vice chair for supervision ends on Oct. 13, 2021.
Questions over what to disclose in the bond document's risk section has concerned issuers for years, through issues like the pandemic to climate change, and now potential federal funding cuts.
Incoming president Lunda Asmani hopes more entry- and mid-level finance officers will join the association for training and networking.
Tardy annual financial audits could strip Texas cities of their ability to raise property tax rates under a state law that takes effect Sept. 1.
This week has the July 4th holiday, with only $2.5 billion on tap in the primary bond market, though investors have tens of billions in reinvestment cash.
The budget is a good sign, analysts say, and may be a first step towards ultimately ending the Oversight Board's authority over the territory.
