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There are times when there is no better alternative to a tax increase.

The municipal bond market on Tuesday will see more supply head its way with the second day of retail orders being held on the New York City Transitional Finance Authority’s $1 billion of building aid revenue bonds and deals expected from Los Angles and Philadelphia.

President Trump will nominate Randal Quarles as the Federal Reserve's vice chairman of supervision, the top bank regulatory post at the central bank, according to an announcement by the White House late Monday.

Lawsuit seeks to force a vote on the $34.5 million public funding portion of the Pistons deal.

Municipal bonds ended mixed on Monday, according to traders, as the New York City Transitional Finance Authority’s $1 billion of building aid revenue bonds were priced for retail investors and the Chicago Public Schools came to market with an unrated bond deal.

Chicago Public Schools borrowed $500 million after doubling the size of its GO offering.

Philadelphia’s new five-year fiscal strategy was endorsed by City Controller Alan Butkovitz.

Pennsylvania state leaders are still negotiating how to fund their new budget.

Massachusetts legislators finally agreed to terms on a $40.2 billion budget for fiscal 2018.

Municipal bonds were mixed at mid-session, according to traders, who are set to see a chunky new issue slate head to market this week. Volume is estimated at $9.29 billion, composed of $7.94 billion of negotiated deals and $1.35 billion of competitive sales.

After two years Illinois finally got a budget, but this week the municipal bond market will be eying the state’s credit rating.

Providence, R.I., will host the 2019 National Association of State Treasurers' Treasury Management Training Symposium.

Consumers’ inflation expectations fell in the short-term, but rose over a longer period, according to the June Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

Breaking a record two-year budget impasse drove a dramatic easing of Illinois' spread penalties.

Michael Post will take on the role of chief legal officer after Bob Fippinger leaves this month.

The Federal Reserve’s Labor Market Conditions Index, a compilation of 19 labor market measures, dropped 1.8 points in June to 1.5, following a 0.5-point decline in May.

New York City's comptroller called for a $3.5 billion bond measure to fund mass transit improvements.

Municipal bond traders are set to see a chunky new issue slate head to market this week. Volume is estimated at $9.29 billion, composed of $7.94 billion of negotiated deals and $1.35 billion of competitive sales.

Treasury has targeted the proposed political subdivision rules as burdensome.

Liquidity and pension woes still remain after Illinois enacted its first budget since 2015.