The Chicago Bears unveiled plans for a new domed lakefront stadium they say would cost about $4.7 billion total and involve $900 million in new bond financing.
In the last few weeks projections from LUMA Energy indicate the authority can afford to pay more bond debt, opposing bond parties say.
While munis were steady Tuesday, yields have risen over the past several weeks as "larger supply is part of a strong [year-to-date] trend for tax-exempts," said Matt Fabian, a partner at Municipal Market Analytics.
The firm violated MSRB Rules G-15 on confirmation, G-8 on books and records and G-27 on supervision, FINRA found.
Subcommittee Chair Rep. Steve Womack, R-Ark., asked Buttigieg if the $20 billion of federal commitments for transit projects over the next decade "might create a check we can't cash."
The bill would authorize $105 billion in appropriations through 2028 but still faces a few hurdles in Congress.