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The funding also means the use of state-authorized lockbox funds from Internet sales and mansion taxes to prop up the operating budget is no longer necessary, which allows the agency to issue MTA bonds in 2021, to advance the 2020 to 2024 capital program.

The NYC comptroller will hold six webinars as part of the Minority- and Women-Owned Business Enterprises University series as Siebert Williams Shank's affiliated Clear Vision Impact Fund announced it has received $100 million in capital commitments from big business.

As the governor faces an impeachment inquiry, just how New York State government will function on budget and other matters is an open question.

The governor spotlighted his five-year infrastructure spending plan during the speech held amid the threat of a recall.

Johnson, in his announcement to run, emphasized New York’s recovery from the COVID-19 pandemic through effective use of federal stimulus dollars.

She has repeatedly rejected concerns that Biden’s stimulus is excessive given the economy’s signs of recovery, and that run-away inflation could damage the economy.

Two top state lawmakers, who along with Cuomo comprise the “three people in the room” that hash out the spending plan, pulled their support of the New York governor.

Refinitiv Lipper reported $600 million of outflows from municipal bond mutual funds as the market correction caught up. High-yield funds lost a massive $722 million after $330 million a week prior.

Lt. Gov. Dan McKee succeeds her on a day state voters approved seven bond measures totaling $400 million.

Federal Reserve Governor Lael Brainard said it will take “some time” to meet the conditions laid out by the U.S. central bank for reducing the pace of its massive bond purchases, while noting recent bond market volatility.