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Bondholders contest Puerto Rico Oversight Board's claim that parties are engaging constructively in mediation.

From disclosure to issuance labels, the Chicago finance team is shaping ESG practices that are top of mind for municipal market.

Federal Reserve officials will discuss whether to raise rates by 50 basis points or 75 basis points when they meet next month, with the decision being determined by economic data, New York Fed President John Williams said on Tuesday.

Unsecured Creditors Committee attorney Luc Despins, said, “After five years, the results are in: the strategy has gone nowhere.” 

The Municipal Securities Rulemaking Board’s visiting scholar Lourdes Germán will use the board’s data to help research ESG trends in public finance, including the impact of ESG on the secondary market.

Federal Reserve Bank of San Francisco President Mary Daly said she expects the central bank to raise interest rates to levels that restrain the economy.

Karl K. Klessig provided a fraudulent loan document and forged a signature in an application last year to acquire control of Golden Pacific Bancorp, according to the Federal Reserve.

Bankruptcy judge set deadlines for voting on the Highways and Transportation Authority plan of adjustment, moving it closer to confirmation.

The judge set May 2 deadline that was extended until June 1 and then July 1. Mediators now want until Aug. 1.

Federal Reserve Bank of St. Louis President James Bullard said fears of a U.S. recession are overblown.

Most municipal securities trades are reported to the MSRB well under the current 15-minute rule, and it's unclear how a one-minute mandate would "benefit investors or increase transparency," the ASA said.

Erdman closes the books on a three-decade career with Wisconsin next week and heads to municipal advisory firm Baker Tilly.

Refinitiv Lipper reported smaller outflows at $1.6 billion, down from the $5.6 billion the week prior. It brings the total outflows to $45.7 billion year-to-date.

An appeals court ruled the Oversight Board can stop laws that are inconsistent with PROMESA's purpose.

The naming of the first Native American U.S. treasurer follows complaints about how pandemic relief funds were distributed among tribes.

Federal Reserve Governor Michelle Bowman said she supports raising interest rates by 75 basis points again in July and following that with a few more half-point hikes.

The Investment Company Institute reported investors pulled $6.243 billion from muni bond mutual funds in the week ending June 15.

The Federal Reserve has started a hiking cycle that's expected to continue with half-point increases in June and July, Marvin Loh, senior macro strategist at State Street Global Markets, will assess the June Federal Open Market Committee meeting and tell what he expects the panel to do in the future.

Democratic senators led by Bob Menendez urged the Federal Reserve to take a more active role in the selection process of the heads of its regional banks so that more diverse candidates would be considered.

The lighter calendar may help ease the imbalance between demand and supply, as selling pressure in the secondary has weighed significantly on the market tone.