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Three Republican senators have introduced legislation that would slash federal spending for transportation and federal fuels taxes and put more responsibility on states for transportation infrastructure and all mass transit projects.

Requests for municipal bond identifiers rose in June for the fourth month in a row as the Dormitory Authority of New York sold $1.79 billion of bonds to a supply-starved market.

The league tables show a return to normal from the first quarter, when PFM, Citi and JPMorgan all placed lower than usual.

While munis have received scant attention at previous meetings, a discussion of pre-trade transparency is on tap for next week's Fixed Income Market Structure Advisory Committee meeting.

Walter Higgins plans to submit his resignation because an unexpected family incident will keep him out of Puerto Rico, the governor said.

Municipal bonds were stronger at mid-session as a swell of supply swept into the market on Wednesday.

Labor market “activity declined and momentum remained high in June,” as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) slid to 0.77 from 0.91 in May.

The American Trucking Associations and three co-plaintiffs argue in federal court that the state's truck-only tolls are unconstitutional.

Bondholders have long complained about the local government's lack of timely and accurate financial information.

The school district established a leadership team as it exercizes local control for the first time in more than 16 years.

BlackRock says relative valuations and historical seasonal trends suggest favorable conditions for municipals.

Fitch Ratings says the application of its new rating criteria is not expected to result in widespread downgrades.

The Financial Industry Regulatory Authority has already barred Jose Ramirez from the securities industry, his lawyer said.

Chicago Public Schools has GO, revenue, and refunding bond deals in the works.

Municipal bond buyers were seeing the first of the week’s deals come to market as two big competitive issues sold.

The combined $10 million payment by Aetna, The Hartford and Travelers is a positive for Connecticut's struggling capital, according to Moody's Investors Service.

Congress might provide clarity by preventing states any state from imposing retroactive liability.

While munis turned in a mostly solid performance on Monday, a Charles Schwab & Co. report said they are less likely to outperform Treasurys in the second half.

The SEC issued separate administrative orders Monday stripping Malachi Financial Products of its muni advisory registration and barring Porter Bingham from the industry.

The MSRB is looking for public members, and specifically investors, to apply through Friday for spots on its board of directors.