Commonwealth of Pennsylvania

Joe Torsella received the appointment to the National Association of State Treasurers committee from NAST President Deborah Goldberg of Massachusetts.

Pennsylvania Treasurer Joe Torsella discusses his state's lead role in a lawsuit against banks that led to a settlement over price fixing of government agency bonds. Paul Burton hosts.

The municipal bond market eclipsed the $400 billion mark for the fourth time since 2010, thanks to taxable trend that led to a vault in fourth quarter volume.

Twelve banks agreed to stricter antitrust oversight under the $250 million accord, said Pennsylvania Treasurer Joe Torsella.

The volume boom accelerated in October, with taxables accounting for about a quarter of the supply.

Volume bounced back from second lowest monthly total of the year in July as yields plunged to historic lows and issuers came out in droves.

Coming off the biggest month of the year, volume dipped in July to the second slowest pace of 2019.

The rating agency cited an on-time budget and a rainy-day deposit in boosting its outlook on Pennsylvania's AA-minus rating to stable from negative.

The Pennsylvania governor signed a $34 billion fiscal 2020 budget on time and free of drama — unusual for the commonwealth.

Municipal bond issuance for the year so far is within a percentage point of volume in the first half of 2018.

A city called the "double black diamond" of car driving is at the epicenter for autonomous-vehicle testing.

The mass-transit enterprises for Pittburgh and Philadelphia face crises regardless of how a lawsuit over toll-related revenue plays out, says the rating agency.

State Treasurer Joe Torsella is accusing 14 financial firms of collaborating to illegally inflate the prices of Fannie Mae- and Freddie Mac-issued bonds.

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.

Municipal bond sales sank 28.2% from April 2018 as issuers awaited clarity on federal infrastructure plans.

State Treasurer Joe Torsella says bolstering private-sector retirement savings now will reduce pressure on social services spending later.

The governor announced a $4.5 billion, four-year infrastructure resilience initiative, for which he needs lawmakers to approve a natural gas drilling tax.

Even as he ties his latest tax proposal on natural gas drilling to infrastructure improvements, Democrat Tom Wolf must overcome resistance from GOP lawmakers.

Pennsylvania Gov. Tom Wolf proposed a $34.1 billion budget while calling again for a tax on natural gas drillers, with a new twist.

Municipal issuance fell by 24% to $338 billion for 2018 as changes in U.S. tax law crushed the market.