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The window of opportunity is open thanks to new projects, new state and city leadership, emerging projects and better systems to benefit travelers.

Glenn Rudebusch, executive vice president and senior policy advisor at the Federal Reserve Bank of San Francisco, will step down next month after a career spanning more than three decades at the U.S. central bank.

Entering the third year of a pandemic, higher education is expected to gain stability amid a flood of federal aid.

The New York State Common Retirement Fund also said it invested $2 billion in an index focused on reducing the risks of climate change and capitalizing on opportunities in the transition to a low-carbon economy.

Some firms are voluntarily self-reporting potential supervisory and suitability rule violations.

Over the next 10 years, the Division of Bond Finance forecasts about $1.8 billion of net tax-supported debt will be issued, mostly for transportation projects.

The board has long maintained that if the pension laws are allowed to stand, the Plan of Adjustment would not be implemented, scuttling the entire bankruptcy deal.

An influx of federal funds contributed to the stable outlook.

While the U.S. continues to lag pre-pandemic levels, Puerto Rico is now ahead by 2.3% from November 2019.

Pandemic or not, major projects must continue, say New York Gov. Kathy Hochul and the Port Authority.

The complex financing was the largest port transaction to come to market in the country since the start of the COVID-19 pandemic, and the high demand for the bonds highlighted investor confidence in the seaport sector.

Despite outside pressures, municipal fundamentals are strong with improving credit pictures, issuers flush with federal cash and the ongoing supply-demand imbalance.

FINRA found that RBC’s supervisory system did not flag recommendations that resulted in potentially unsuitable concentrations of high-yield bonds in certain customer accounts.

It marked the 40th straight week of positive flows into the long-term funds and brought the total inflows for this year near $82 billion. Exchanged-traded funds saw $168M of inflows.

A fight is brewing over whether the Oversight Board can preempt some of the territory's pension statutes.

The Securities and Exchange Commission has proposed amendments to its money market fund rules, which it has tinkered with repeatedly since the Great Recession.

The $2.5 trillion increase is expected to get the U.S. through 2023.

Triple-A yield curves were unchanged on the day and mostly have not budged but a basis point in spots since the end of November.

Most states with remaining balances totaling $39.3 billion want more time to enact a plan to repay the loans taken out to manage pandemic-driven job claims. Interest began accruing in September.

The defendants are raising questions about due process and the definition of fee-splitting arrangements.