Organization Root Tag

Other Midwest legislatures are canceling sessions or weighing early spring breaks to slow the spread of COVID-19.

Career veterans call fallout from COVID-19 concerns on the municipal market worse than that of 9/11 and the 2008 financial crisis combined.

With a state budget deadline on the horizon, NY Gov. Andrew Cuomo is requesting revised revenue estimates that factor in the economic realities of fast-spreading virus.

As COVID-19 impacts the U.S. economy, muni market participants want to bring back tax-exempt advance refunding, raise the cap on bank-qualified debt, among others.

The 2017 Tax Cuts and Jobs Act continues to influence the composition of the municipal bond market.

The stock market plunge amid the COVID-19 pandemic increases the risk of a revenue shock for California and other states that depend on capital gains taxes.

“Anybody who’s having an event between now and May is considering what to do about it,” said Mike Nicholas, CEO of the Bond Dealers of America.

The municipal market was hammered Wednesday by the COVID-19 pandemic with a more than quarter point correction in AAA benchmarks, issuers pulling deals off the shelves and more reports of pricing and evaluation confusion.

Wisconsin's capital finance director says the market offers savings on state bonds he never thought would be refunding candidates.

Congressional offices may decide to minimize or ban face-to-face meetings as virus concerns grow.

The commonwealth plans a $268 million GO sale two days after Gov. Charlie Baker declared a state of emergency.

Gov. John Bel Edwards kicked off Louisiana's legislative session by asking lawmakers to share accurate details about the coronavirus with constituents.

Uncertainty continues to hang over financial markets due to COVID-19. Stocks rebounded somewhat Tuesday while muni yields rose as much as 16 basis points — Tuesday saw a correction of sorts.

The public agency that owns the city's convention center will consider the expansion project and a financing plan next month.

Appointee Marrero has extensive backgrounds in government service, law, and finance.

When the Federal Reserve began expanding its balance sheet with quantitative easing, it was seen as an emergency measure. Yet a decade later, the Fed is again in jeopardy of hitting zero lower bound and its balance sheet remains large.

Port Authority of New York and New Jersey Executive Director Rick Cotton plans to maintain day-to-day operations from home after a positive coronavirus test.

Many businesses have implemented policies to limit non-essential travel, which is likely to have impacted the biennial presentation to municipal bond investors.

Chairman Patrick Foye says that the outbreak has no material effect for now, and the authority promises to continue timely disclosure.

In budget talks, House Speaker José Oliva says lawmakers will discuss how to prepare for a recession that may result from the economic impacts of COVID-19.