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Illinois Senate votes on a budget package left the fate of a 'grand bargain' unclear.

Frustration over subway logjams and breakdowns surfaced at a New York City Council budget meeting.

S&P joined Moody's and Fitch in downgrading Connecticut.

MAs will soon be subject to continuing education requirements following SEC approval of MSRB proposal.

Oregon's net general fund revenues are now projected to be up $371 million from the March forecast.

Philadelphia seeks lost property tax revenue from Wells Fargo in a lawsuit alleging discriminatory lending.

Three individuals and one issuer were awarded for contributions to the municipal market and NFMA.

Puerto Rico’s debt reorganization hearings began with a decision by Judge Laura Taylor Swain to consolidate administration of two existing filings affecting about $30 billion of bonds.

Public power agencies in Georgia and South Carolina face headwinds from the Westinghouse bankruptcy.

State pension changes cleared an Illinois House committee Tuesday but their fate is uncertain.

Issuers, dealers want SEC to rethink its event notice disclosure proposal; investor groups support it

Municipal bonds ended stronger on Tuesday as Morgan Stanley priced the Los Angeles Unified School District’s $1.08 billion of general obligation refunding bonds.

The New York City Municipal Water Finance Authority named Olga Chernat as its executive director. A chartered financial analyst who previously served NYW as treasurer and deputy treasurer, Chernat will start in her new position on Wednesday, the authority said.

The Indiana's school bond intercept program's AA-plus rating was affirmed after legislative tweaks.

Illinois and its local governments will all suffer if the state is downgraded again, Nuveen warns.

The June Federal Open Market Committee meeting should be live, Federal Reserve Bank of Philadelphia President Patrick Harker said.

California's state controller wants a new governance policy for the state Board of Equalization.

Authority says moves are part of a plan to improve service.

Municipal bonds were stronger at mid-session, according to traders, as Morgan Stanley priced the Los Angeles Unified School District’s $1.08 billion of general obligation bonds.

Hartford, Conn.’s latest downgrade shows Connecticut must help the city avert bankruptcy, said Mayor Luke Bronin.