Organization Root Tag

"It behooves everybody to get something consensual," said a Florida bankruptcy attorney.

Washington using a pension fund surplus to close a budget shortfall sets a bad precedent, said a Morningstar DBRS analyst.

Leverage issues led to Fitch lowering the outlook on the AA-minus-rated bonds.

The ongoing dispute between the states and the Federal Emergency Management Agency is heading to court as 25 states are suing the agency over charges that it's withholding grants based on immigration policies.

During the meeting, the board also approved a $48 million FY2027 budget, representing a 3.7% increase from the MSRB's FY2026 budget.

New leadership and private capital are part of the strategy to push the high-speed rail project to its overdue completion.

S&P said its earlier rating had its origin in an incorrect methodology.

While NAMA believes FA references should be eliminated, it urged the MSRB to address the proposed amendments as part of its retrospective review of MA rules.

Chicago will fund new infrastructure for The 78, the mixed-use development around the new Chicago Fire soccer stadium, after the City Council advanced the deal.

The U.S. Department of Housing and Urban Development is suspending between $1 billion and $2 billion of aid approved.

A battle over implementation of Chicago's budget became public Thursday after Mayor Brandon Johnson's team held a midyear hearing.

Proceeds from both will be used for building renovation or construction.

The meeting, set for July 22 and July 23, will be the board's final quarterly meeting of fiscal year 2026.

Meanwhile, settlements in New York and California cases may be near.

The House Transportation and Infrastructure Committee renews a push for major FEMA reform that's endorsed by local governments while the Senate attempts to influence change from within the agency.

The grace periods are getting shorter.

The state's Republican governor and legislative leaders ordered 3% cuts for the next biannual budget as they announced their priorities for the 2027 session.

"Currently, we are spending a lot more time of our day in the regulatory space in responding to proposed rules and changes," GFOA's Paige Mellerio said.

Federal Reserve Gov. Lisa Cook said risks, including geopolitical tensions, are tilted toward higher inflation in the near term.

Fitch Ratings upgraded Cook County to AA-plus from AA on Monday, citing the county's moderating long-term liability burden and sustained resource base growth.