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Current SEC Chair Jay Clayton will likely not be reappointed as both President Trump and Joe Biden are likely to pick chairs more aligned with their political parties.
October 14 -
Puerto Rico's FAFAA and bond insurer Ambac also call for rejection of a bondholder proposal for deadlines to approve a plan of adjustment.
October 14 -
Detroit is selling $80 million of its speculative grade-rated GO paper with more on tap should voters sign off on $250 million of blight borrowing.
October 14 -
New York MTA inspector general rails at lax contractor evaluations
October 14 -
Municipals were mostly unchanged with a firm tone on Tuesday, according to market participants, ahead of the week's large new-issue calendar that's heavy on taxables.
October 13 -
The consumer price index has been rising for four months but at a slower pace, as the cost of food remains "elevated."
October 13 -
Annual debt service could spike to $4 billion by 2024, or up 55% since 2019, making up 24% of the agency's total revenues, Thomas DiNapoli said.
October 13 -
Adam Andrzejewski, CEO of OpenTheBooks.com, cites years of reckless spending and mismanagement. Paul Burton hosts. (14 minutes)
October 13 -
Coping with tighter budgets during the coronavirus, they are looking to cut through a capital construction process fraught with delays and cost overruns.
October 13 -
Proposed upgrades to the 110-year-old tunnel linking Manhattan and northern New Jersey have hit roadblocks under President Trump.
October 9 -
Stifel public finance banker James Cervantes didn’t anticipate his retirement party would involve masks and social distancing.
October 9 -
Although short-term volatility is certain, experts consider whether the long-term outlook would change depending on the winners.
October 9 -
Missing minimum denomination and interest rate information for VRDOs affected about 57 CUSIPs, FINRA found.
October 9 -
The lawsuit seeks up to $2 billion from JPMorgan, Stifel and Wells Fargo, saying they abetted the crisis in their role selling debt for the Karegnondi water pipeline.
October 8 -
The Puerto Rico Aqueduct and Sewer Authority said it might be refinancing its bond debt with a new bond issue by the end of the year.
October 8 -
Recent toll hikes will offset a coronavirus-inspired drop in traffic and a refunding portion gives the authority "financial flexibility," according to analysts.
October 8 -
The maximum allowable issuance under the SEC's temporary exemption is $20 million.
October 8 -
Recovery will be more difficult because rates were low before the pandemic, Federal Reserve Bank of Boston President Eric Rosengren said.
October 8 -
Justin Peterson represented the Ad Hoc Group of General Obligation Bondholders for several years.
October 8 -
Municipal bond issuers are coming market at a 26.2% faster pace than they were at this point last year.
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