Organization Root Tag

Improved disclosure is likely to have a cost, though analysts have long maintained the benefits outweight that.

Chicago put out pre-marketing pricing scales Tuesday on its STSC new money social bonds and refunding tranches and will take retail orders Wednesday with the pricing set for Thursday.

Gov. Phil Murphy is behind the push for the Garden State to develop offshore wind power, ramping up from 3,500 megawatts by 2030 to 11,000 megawatts by 2040.

Treasury typically suspends the sale of new state and local government series securities when nearing the borrowing cap.

Underwriting fees generated for the board totaled some $7.4 million, an almost 50% drop from the $14.3 million the board received in 2020.

"The overall tone of the budget is one of prudency, which is correct during this current period where federal pandemic aid is winding down and there are questions about whether we enter into a recession," said Howard Cure of Evercore Wealth Management.

New regulations appear to be highlighting disagreements on major muni market topics.

These would be the territory's first general obligation bond issuance since 2019.

"I expect that we will raise rates a few more times this year, though, to my mind, the days of us raising them 75 basis points at a time have surely passed," Harker said.

The firm is expected to announce the new muni leadership team next week.

Downshifting to a smaller move from the more aggressive rate increases the Fed rolled out last year would give officials more time to see how their actions are affecting the economy, Collins said.

The board has confirmed his departure from the regulator is imminent

While the bill has wide support in the Puerto Rico House of Representatives, the Oversight Board has yet to offer its opinion.

Rep. Jason Smith sold colleagues on his intentions to strictly oversee the Biden administration.

President Biden asked Treasury Secretary Janet Yellen to stay in her post, and she agreed, a White House official familiar with the matter said.

The JPMorgan Chase CEO said the Federal Reserve's rate hikes might need to go beyond what's currently expected, but he's in favor of a pause to see the full impact of last year's increases.

Small businesses that are certified to work for either Chicago or Philadelphia's transit agency will now be able to work for the partner agency as well.

Esther George, the president of the Federal Reserve Bank of Kansas City, is retiring later this month. What's taking the bank so long to find a successor?

Certain Puerto Rico issuers with over $5 billion outstanding continue paying bondholders in full and on time.

Beginning today, Jessica Giroux steps into her new role as general counsel and head of fixed income policy at the American Securities Association.