Treasury Department

The Treasury Department announced its auction closing schedule for the holiday weeks.

Newly issued Treasury securities held in stripped form decreased about $2.210 billion in November.

The U.S. Treasury yield curve may continue to flatten irrespective of what the latest jobs report shows.

The Internal Revenue Service has told bond attorneys that the law doesn’t explicitly say that veterans are a special needs population under the rules for the tax-exemption for multifamily private activity bonds.

One section of the U.S. Treasuries yield curve just inverted for the first time in more than a decade.

Treasury Secretary Steven Mnuchin privately asked bond dealers and investors whether they want the Federal Reserve to tighten monetary policy by raising interest rates or through faster cuts in its securities portfolio.

The federal government ran a $100.5 billion deficit in October.

Newly issued Treasury securities held in stripped form increased about $12.227 billion in October.

The Treasury Department Inspector General for Tax Administration plans to audit the IRS' use of a much-feared enforcement tool under which it can impose penalties for the misconduct of municipal bond transaction participants such as underwriters, lawyers, municipal advisors or their firms.

The Libor changeover isn't officially due for three years, but the change could have big ramifications for munis and is already underway.

The two regulatory agencies are working to ensure a seemless transition to another benchmark when Libor is phased out in 2021.

New York Gov. Andrew Cuomo sent letters to the Internal Revenue Service and to Treasury's Inspector General for Tax Administration threatening litigation and and asking for a probe of alleged undue political interference.

Congress could pass legislation authorizing advance refundings and liberalizing private activity bond restrictions to aid in disaster recovery, NABL said.

The proposed Treasury rules would limit states' use of charitable deductions as workarounds for the $10,000 cap on the federal deduction for state and local taxes.

The Trump administration’s effort to publish a proposed rule comes just over two months after the IRS announced May 23 it was working on the regulations to enforce the $10,000 cap on what previously was an unlimited personal deduction of state and local taxes, also known as SALT.

Newly issued Treasury securities held in stripped form increased about $1.584 billion in July.

The Public Employee Pension Transparency Act (HR 6290) would prohibit states and localities from issuing tax-exempt bonds unless they file annual reports on their public pension systems to the U.S. Treasury Department.

Rep. Bill Shuster's infrastructure discussion draft would temporarily raise federal fuels taxes for the ailing Highway Trust Fund while a newly created commission would determine how to ensure its long-term solvency.

The new service will save dealer firms time and effort as they enter into muni underwriting syndicates.

The federal government ran a $74.9 billion deficit in June, the Treasury Department reported Thursday.