-
Jessica Kane's appointment as director of the Office of Credit Ratings suggests that Rebecca Olsen could remain acting or become permanent chief of the Office of Municipal Securities.
May 7
-
The Federal Reserve’s policy-making panel is about to get a hawkish mid-year reshuffle.
May 7
-
Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank can accommodate an overshoot of its inflation target and he isn’t worried by the impact of oil prices rising past $70 a barrel.
May 7
-
The municipal bond market will see another moderate new issue calendar this week, with about $4.9 billion of offerings going up for sale
May 7
-
Its effect would hinge on party control of the General Assembly in 2022, given the open-endedness of the legislation.
May 7
-
Lorie Logan, a senior vice president at the New York Fed, said that she saw “virtually no chance of going back to the pre-crisis balance sheet size of $800 billion.’’
May 7
-
Many lawmakers in Congress have deferred to the high court on the issue in the belief that helping state and local governments collect sales tax for e-commerce might be construed as a new tax rather than an enforcement measure.
May 7
-
The expected GFOA guidance will come as governmental units prepare to meet a Jan. 1, 2020 deadline set by the Government Accounting Standards Board for treating all leases as financings for the right to use an underlying asset.
May 6
-
Build America Mutual's Les Richmond said that state and local governments might want to consider their disclosure obligations in the light of the more robust risk assessments they'll soon begin getting from their actuaries.
May 6
-
Reinstatement of advance refundings could be packaged with infrastructure legislation because many state and local governments have used the savings to finance new infrastructure.
May 6
-
The Securities Industry and Financial Markets Association's newest model documents incorporate months of experience with the year-old issue price regulations, which most issuers think are working well.
May 6
-
Issuers and the MSRB are mostly on the same page about primary offering practices that may warrant scrutiny, but some members of the GFOA's debt committee are concerned about "regulatory creep."
May 6
-
Puerto Rico would have to have a vibrant economy and a stable government that is fiscally sound, said Rep. Rob Bishop.
May 4
-
Another low volume week is on top, but the scarcity value is driving demand as the market continues to be strong in the face of rising interest rates.
May 4
-
The Harvey, Illinois, fiscal crisis highlights bondholder risks posed by pension underfunding, Moody's says.
May 4
-
A total of 3-4 rate hikes this year remains viable, Federal Reserve Bank of San Francisco President John Williams said in a televised interview Friday.
May 4
-
The United States economy is healthy, according to Federal Reserve Bank of New York President William Dudley, who said he would be surprised if a recession occurred in the next couple of years.
May 4
-
The municipal bond market will see another light new issue calendar next week with volume estimated at $4.86 billion.
May 4
-
New York MTA now puts the tab for the 13-year-late project at $11.2 billion, more than two-and-a-half times its original estimate.
May 4
-
The Illinois hospital nonprofit faces a rating cut to junk if merger plans fall apart.
May 3
