Organization Root Tag

The top finisher in the Democratic mayoral primary wants the city to issue $70 billion of additional affordable housing bonds. 

Sanchez said the GFOA's debt committee in particular is a place where there could be discussion about what kind of controls are necessary to address the situation. 

The guidance comes as the tender market has grown from zero to $48 billion since 2019.

Working out the differences between the Senate and House budget bills might result in lawmakers reaching for ways to pay for extending tax cuts and finance new programs which could put tax-exempt munis back on the negotiating table.

A change in leadership at the Government Finance Officers Association comes on the heels of an all-time record membership level.

Soon after it sold $687.3 million of bonds, Chicago returned to market with $82.55 million for housing and economic development in a deal set to close Monday.

The ratings agency said fund balances had declined as a percent of operating revenues and are expected to decline further.

Continued state and city support for the MTA's capital projects was the primary driver for Moody's Ratings upgrade to A2.

Washington State Gov. Bob Ferguson said he doesn't plan on calling a special session to deal with lowered revenue expectations.

"The trend of heavy issuance that began last year has continued in the first half of 2025, surpassing even our rather optimistic expectations," said Barclays strategists Mikhail Foux, Grace Cen and Francisco San Emeterio.

Some market participants said they were sad to see EMMA Labs go.

The Metropolitan Transportation Authority's congestion pricing tolls not only reduced traffic congestion in Manhattan, but also in New Jersey, a report says.

To borrow an additional $70 billion, Mamdani would need state approval, said Howard Cure, director of municipal bond research at Evercore Wealth Management.

"The market itself should want to look at this because no one wants to give the perception of impropriety," said an investor of Stefanik's allegation that Harvard withheld material information regarding its ongoing conflict with the Trump administration.

"We have to navigate policy not only depending on how the environment evolves, but also with keeping those two objectives in mind," Daly said.

The proposal would effectively cancel part of a rule change that had not yet become effective.

Kelly Hancock resigned his state senate seat and assumed a position that will make him acting comptroller after current Comptroller Glenn Hegar leaves office.

"I would be quite surprised if he did not make a choice that fair-minded observers on both sides recognized as a reasonable person," Summers said on Bloomberg Television.

"We could do this as early as July," Waller said Friday in a televised interview.

The FOMC's decision to "hold rates steady while signaling only two cuts this year was a subtle but powerful shift," said James Pruskowski, CIO at 16Rock Asset Management.