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In a letter sent to the Fed Thursday night, House Financial Services Committee Chairwoman Maxine Waters said she wanted more issuers to participate in the Fed program.

In the wake of the COVID-19 pandemic, the city's budget shrinks by $6 billion.

New York's mayor announced sharp cuts, a draw on reserves and a call for further assistance from Washington.

Uncertainty remains the only constant regarding the coronavirus pandemic, and two Federal Reserve Bank presidents offered positive thoughts, although no definitive answers.

The state will fast-track billions in road projects despite not knowing how the pandemic could impact revenues.

Biweekly webinars on Zoom will help city small businesses and MWBEs stay afloat in difficult economic times.

May is when budget talks usually get serious in California, which has a budget highly dependent on income and capital gains taxes.

New York’s new state budget provides flexibility to deal with near-term revenue hits from COVID-19, but it has little bandwidth to withstand a deep recession.

The deal to buy 200 million masks a month will help California's medical workers while pressuring its state budget.

Lawmakers approved a 2021 fiscal plan with mechanisms for spending reductions throughout the year because of economic headwinds caused by the COVID-19 pandemic.