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The District of Columbia transaction may have potential on a national level.

President Donald Trump’s eventual pick to lead the Federal Reserve won’t have much scope to abruptly chart a new policy course, Boston Fed President Eric Rosengren said Friday.

Municipal bond traders on Friday are looking ahead to next week’s new issue slate as yields began the session largely unchanged.

City Council member Paul Krekorian counters that city is still in good financial shape.

The city is looking for banks to lead a tender offer and refunding of bonds issued as part of its bankruptcy exit.

Top-quality municipal bonds ended stronger on Thursday as more than $3 billion of transportation deals hit the market.

A 15-bill housing package includes $4 billion in bonds.

UBS Wealth Management Americas continues to fill out its re-emerging public finance practice, adding three more new-hires in Dallas, Los Angeles and New York.

Federal Reserve Governor Jerome Powell said emerging market economies were vulnerable to heavily-indebted corporate sectors as global interest rates rise, and singled out China as a source of particular concern.

Market groups and individuals asked the SEC to reject parts of an MSRB rule intended to improve transparency of dealers' private placements.

Moody’s downgraded $31 billion in Puerto Rico public sector bonds citing the reduced outlook for repayment.

Debt restructuring proposals for the Puerto Rico Aqueduct and Sewer Authority’s senior revenue bonds haven't included any reduction in principal.

The commonwealth will also issue GANs and commonwealth transportation fund revenue bonds in November.

The Connecticut Education Association seeks an injunction, calling the governor's executive-order cuts illegal.

The allure of promised savings persuaded most Chicago City Council members.

Moody's has downgraded Puerto Rico's general obligation bonds to Ca from Caa3, due to the protracted economic and revenue disruptions caused by Hurricane Maria.

Recovery from Hurricane Harvey is expected to cost state government about $2 billion over the next two years.

Top-rated municipal bonds ended stronger on Wednesday as new offerings from Texas and California issuers hit traders' screens.

The federal funds rate target should continue rising gradually until reaching its “new normal of 2.5%,” Federal Reserve Bank of San Francisco President John Williams said Wednesday.

The job cuts are permitted under the state’s Municipal Stabilization and Recovery Act, the judge ruled.