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In a letter sent to the SEC and the Municipal Securities Rulemaking Board late last week, the group said lapses in issuer financial disclosures are unacceptable.
May 6
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The restructuring is expected to save PREPA and Puerto Rico residents about $3 billion in debt service payments over the next 10 years.
May 6
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A posse of Federal Reserve policymakers met with skepticism last week when they described ways to potentially improve their management of the economy.
May 6
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The White House asked former domestic policy adviser Paul Winfree if he was interested in joining the Federal Reserve Board of Governors.
May 6
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Sometimes you can get what you want as well as what you need as muni buyers get set to see $6.5 billion of new issues.
May 3
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The April employment report topped estimates for jobs created, while the jobless rate fell to a 49-year low; wage increases missed projections.
May 3
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The Pennsylvania Turnpike Commission won a lawsuit by truckers over tolling, but still faces questions about how it will manage its $11.8 billion debt load.
May 3
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The board wants to recover more than $1 billion in payments and fees on bonds it deems illegal.
May 2
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Bond buyers saw the Massachusetts EFA and Milwaukee as the last new deals closed up shop.
May 2
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The state Senate approved the proposed constitutional amendment on a party-line vote.
May 2
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Federal Chair Jerome Powell doused market hopes for a rate cut, but it was not the result of a shift in Fed policy.
May 2
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The announcement comes after several news reports that Stephen Moore would not back down from his anticipated nomination to serve on the Fed despite growing concerns from Republican senators.
May 2
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Fiona Ma has been pushing the state's bond team to explore refundings and to sell new money bonds while rates remain low.
May 2
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On the day the Federal Reserve left rates unchanged, Oregon's Metro sold taxable GOs.
May 1
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The Fed Chair said the FOMC is “comfortable with our current policy stance,” which he termed “appropriate.”
May 1
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The suits against non-bond creditors are a step in an effort to claw bank money that will extend to bondholders.
May 1
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Mini-bond investors were damaged by the South Carolina-owned utility’s disclosure omissions, according to the suit.
May 1
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Numbers showed 167 submissions for Rule 15c2-12's Event 15.
May 1
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The Philadelphia deal saw robust demand from muni bond buyers on Tuesday.
April 30
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President Donald Trump suggested Tuesday that if the Federal Reserve cut interest rates by one percentage point and resumed bond purchases it would boost the economy “like a rocket,” as central bank policy makers met to decide on where to set borrowing costs.
April 30
