Organization Root Tag

Federal Reserve Chairman Jerome Powell asserted the Fed doesn’t consider political pressure in any way.

All eyes were on the enormous California offering. PREPA bonds have risen this month as investors anticipate a deal to restructure its debt is gaining support.

One group of GO holders says that pre-fiscal 2012 guaranteed debt should have higher priority for repayment than the newer bonds.

Mayor-elect Lori Lightfoot opted not to try to block votes on controversial subsidies that could top $2 billion for two economic development projects.

The number of states aiding school districts with pension costs is expected to grow as pension burdens escalate.

Stephen Moore, a proposed nominee for the Federal Reserve, said he’s planning to challenge the belief inside the U.S. central bank that growth causes inflation.

At least three Republican senators said they won’t back President Donald Trump’s choice of Herman Cain for the Federal Reserve Board, putting his prospective nomination in danger.

Although Federal Reserve policy makers agree they need an “ample” supply of reserves to ensure control over short-term interest rates, they’re having trouble agreeing on how much that actually is.

Retail investors got first shot at California’s $2 billion GO deal Wednesday.

The muni market has been slow to embrace SOFR but the existing Libor benchmark is set to cease publication in 2022.

Lori Lightfoot picked Jeffrey Bethke to help address the city's pension and budget demands when she takes the helm next month.

Assured Guaranty indicated it is interested in reaching a deal on PREPA bonds rather than continuing its quest for a PREPA receiver.

The U.S. budget deficit widened to $691 billion in the first half of fiscal 2019 as spending outpaced an increase in revenue.

President Trump said that it’s up to Herman Cain to determine whether he can win Senate confirmation.

A fourth audit in two months fuels the perception that the IRS has launched an enforcement initiative involving the island territory.

The City Council called on de Blasio to increase reserves in the $92.2 billion budget by $250 million.

Underwriters circulated a premarketing wire on California’s $2 billion GOs as the NYC water authority deal came to market.

PREPA says it needs federal money to complete the work of rebuilding the commonwealth’s electrical grid following the destruction caused by Hurricanes Maria and Irma, but the Trump administration has been slow to disburse funds already approved by Congress.

Advocates are pressing for more than a pork-filled package, with reforms and sustainable funding sources, too.

Seth Magaziner's strategies mingle school construction borrowing and debt-management sessions with victims compensation, college savings and a small-business program.