Organization Root Tag

The state expects to cut interest costs through the early repayment on the loan taken out through the Federal Reserve's emergency lending program to help pay down healthcare bills.

Hammerman has spent more than 18 years with the group, participating in a number of important policy discussions about munis.

"There is no person who has done more to keep the New York City budget sound than Ronnie Lowenstein,” says Richard Ravitch. "She is a remarkable public servant.”

The Senate Banking Committee will hold separate hearings next week for Jerome Powell on his nomination to a second term as Federal Reserve chair and for Lael Brainard’s elevation to vice chair.

Todd Cipperman, founding principal of Cipperman Compliance Services, talks with Chip Barnett about compliance and disclosure and regulation by the federal government in 2022. (42 minutes)

The Municipal Securities Rulemaking Board has begun accepting applications for two regulated and two public board positions until Feb. 7.

Municipals triple-A benchmarks continue the trend of ignoring other markets to start 2022. The new year will likely usher in slower growth and continued inflationary pressures, analysts said.

The Internal Revenue Service and Department of the Treasury have released final guidance on the transition away from Libor, designating SOFR as an alternative rate.

Marjorie Henning was named deputy comptroller for public finance and Michael Haddad is interim chief investment officer and deputy comptroller for asset management.

One observer questions if enough money is available.

Shawn Wooden has called for strengthening the Fed’s short term municipal lending program and enactment of a national baby bond program.

The MSRB's priorities for the year include action on ESG, updates to its EMMALabs platform, and more requests for comment aimed at modernizing its rulebook.

The Act 154 excise tax brought in 21% of revenue to the General Fund July to October.

Unregistered municipal advisor activity and breaches of fiduciary duty remain priorities.

Fitch raised the CBOE’s issuer default rating and outstanding unlimited tax GOs to BB-plus from BB and outstanding dedicated capital improvement tax bonds to A from A-minus.

A $10.85 million private placement of special assessment revenue bonds for the Ojus Sanitary Sewer Special Benefit Area will foster economic development.

Pension laws had been perhaps the key issue that could have scuttled the island's debt restructuring deal.

The Internal Revenue Service and Treasury Department have a number of important updates for the muni market in 2022.

Until supply comes, market participants appear to be content to sit back and let the calendar flip to a new year without making any big moves.

Puerto Rico's government, bondholder Peter Hein, and eminent domain parties make call for varied changes to the board's proposed documents.