Organization Root Tag

Schools should begin auditing their programs and policies now, and bond buyers should prepare for more credit risks coming with higher education bonds.

Fitch Ratings revised Illinois' outlook to positive, pointing to the state's recent trend toward "normalized operating performance" and diverse economy.

The incoming Bond Buyer Hall of Famer built public finance businesses at U.S. Bank and Academy Securities by combining experienced teams, issuer trust and a clear reason for clients to choose a new franchise.

The SEC has issued a proposal to rescind its "pay-to-play" rule relating to investment advisers. The rule "was modeled, in large part," on MSRB Rule G-37, Commissioner Hester Peirce said.

A costly Medicaid funding crisis is confronting healthcare providers in the state where fiscal pressures could force some rural hospitals to close.

Fernando Osorio Caño was named interim executive director after Mary Carmen Zapata resigned.

Oregon State Rep. Paul Evans proposed a grant program that would fill budgetary gaps for small cities at risk of closing what he deems as essential city services.

The incoming Bond Buyer Hall of Famer helped drive stronger disclosure, pioneer electronic credit research and broaden the information analysts use to assess risk.

KBRA approves of New Jersey's pension progress and budget management.

Chicago's projected FY2027 was down $283.9 million from the $1.2 billion estimate in last year's budget forecast.

Up to 18,000 private schools could lose access to the municipal bond market under the proposed rules, driving up their borrowing costs.

In a June letter to the SEC, Truth in Accounting expressed its "strong concerns regarding the GASB Accounting Support Fee and the broader role of" GASB itself.

The Federal Reserve's Office of the Inspector General found inconsistencies in how reserve banks execute their search processes and review stock holdings for prospective directors.

The incoming Bond Buyer Hall of Famer has paired creative banking with relentless execution and client focus across four decades — from pioneering a new muni sector to transforming Jefferies into a market leader.

S&P upgraded Illinois' general obligation bonds to A from A-minus, citing a track record of capable fiscal management. This follows a Moody's upgrade a week earlier.

Rating analysts are tracking the potential departure of the DuPage Water Commission, the largest wholesale customer of Chicago's water enterprise.

The Trump administration court filing will give PREPA bondholders an incentive to hold out for a better offer, according to one observer.

"The muni market selloff is primarily a result of Treasury movement, but the orderliness of it in terms of not getting any more volatility in munis than Treasuries is a direct result of people's ability to withstand those moves," said Jeff Timlin, managing partner and head of municipal bond investing at Sage Advisory.

Markets are still pricing in an increase in the federal funds rate later this month, but Federal Reserve Gov. Michael Barr said his vote will depend on incoming unemployment and inflation data.

With the Fed chair focusing on inflation, the markets have increased the odds of a September rate hike.