Metropolitan Transportation Authority

He is maintaining his full schedule and working at home, authority officials said.

The rating agency, citing severe ridership drops from COVID-19, dropped its rating to A-minus from A. It assigns a negative outlook.

New York MTA and 10 other transit systems have cited the crippling effects of ridership drops due to COVID-19.

The authority, which tapped its $1 billion credit line and received a warning shot from Moody's, says COVID-19 is a disaster that requires a national response.

Questions about the impact of COVID-19 surround the state-run authority, which operates New York City transit and is one of the largest municipal issuers.

Authority Chairman Patrick Foye cited plummeting revenue as riders stay home because of COVID-19

Chairman Patrick Foye says that the outbreak has no material effect for now, and the authority promises to continue timely disclosure.

Metropolitan Transportation Authority Chairman Patrick Foye blames Washington for "recalcitrance" over the Manhattan tolling plan.

Nick Sifuentes of the Tri-State Transportation Campaign explores the challenges of New York MTA as well as NJTransit and the Penn Station expansion. Paul Burton and Andrew Coen host.

Municipal bond buyers will see a $7 billion new-issue calendar ahead.

Andy Byford’s departure as MTA New York City Transit president rekindled questions about governance at one of the world’s largest mass transit agencies.

Andy Byford's resignation ends a two-year run marked by innovation and controversy.

Whether new dedicated revenue for the MTA or its higher total debt holds more sway in the capital markets remains an open question.

The top municipal issuers easily surpassed their issuance totals from 2018 year, with $400.51 billion in 10,582 transactions in 2019 compared to $320.35 billion in 8,549 deals the year before. California regained control of the throne after coming in third in 2018.

New York's governor wants the state to lead efforts for increased capacity at Manhattan's busy transit hub.

The municipal bond market started off the week adopting a cautious tone, eyeing issuance and world events.

New York’s Metropolitan Transportation Authority tops the calendar in the first full week of 2020 with about $2.5 billion of bonds and notes.

Municipal bond buyers have plenty of cash in hand and will have various options as to where to put that money to work.

Municipals look to be well positioned entering 2020 against a strong backdrop of market technicals and stable credit outlook.

The authority approaches next week’s planned $2.5 billion of issuance buoyed by clearance of its five year, $51.5 billion capital program.