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Over half of the $4.3 billion rise in the $96.6 billion budget proposal is related to costs associated with the COVID-19 pandemic.
January 28 -
Rising state-supported debt and sidestepping best practices alarm the comptroller.
January 28 -
Fed chair says it's unlikely there will be "troubling inflation" any time soon, and rates will stay low and asset purchases will continue at current levels. ICI reports another $3.24 billion of inflows as munis follow UST to lower yields.
January 27 -
This is the first time a coalition representing the buy-side, sell-side and others on the business side of public finance will lobby for specific municipal bond provisions on the Hill.
January 27 -
The SSI debate is expected to highlight an array of other federal safety-net benefits that residents of Puerto Rico are denied.
January 26 -
Dovetailing on President Biden's clean-energy initiatives, the Employees’ Retirement System and Teachers’ Retirement System voted for the divestments.
January 26 -
Gov. Andrew Cuomo and New York’s legislature may agree on the concept of online sports betting, but a fight lurks over the winners and losers of implementation.
January 22 -
While no FOMC action on monetary policy is expected, markets are watching for how the Federal Reserve partners with the Biden administration and how it reacts to the 10-year Treasury yield rising from 0.52% on Aug. 4 to 1.15% on Jan. 14.
January 22Keel Point -
While federal funds enabled the transit authority to sidestep fare hikes for now, it faces a raft of pandemic-related variables and state budget uncertainty.
January 22 -
President Joe Biden's pick for transportation secretary took questions from a Senate panel on how the nation might pay for robust infrastructure.
January 21