Treasury Department

An easier procedure for declaring when a reissuance occurs is among NABL's recommendations.

The window is closing as the Treasury begins to take extraordinary measures to prevent breaching the nation’s debt limit.

The cap, repeal of which is a priority for state and local groups, will affect nearly 11 million taxpayers, an audit found.

The SLGS window could be closed for weeks or even months, a bad result for issuers who need access to them.

The federal government ran a $13.5 billion deficit in December, the Treasury Department reported Wednesday.

None of the 12 recommendations require congressional action and all are within the scope of the administrative powers of the IRS, according to NABL.

Libor based municipal debt stood at $47.6 billion at the end of 2018, or about 1.3% of the overall muni market.

Newly issued Treasury securities held in stripped form increased about $2.97 billion in January to a total of $301.182 billion.

Federal Reserve Chairman Jerome Powell’s dinner on Monday with President Donald Trump was “casual” and “productive,” and may happen again, Treasury Secretary Steven Mnuchin said.

A top House Democrat warned the Trump administration not to engage in debt limit brinksmanship that could halt trading in state and local government securities.