News and Information from Bond Buyer

Charles Gasparino of FOX Business Network talks with Chip Barnett about the role municipal bonds play in the U.S. and how the market has changed over the years. He gives a look back at New York City's finances as well as the best ways to approach infrastructure spending across the country.

The board approved a request to increase 2019 authorization for new-money bonds and bond anticipation notes to a $5 billion maximum from $3 billion.

As Sunday's fiscal deadline approaches the legislature is hammering out a budget that's $500 million bigger than the Oversight Board's plan.

Buyers of short-term municipal paper were treated to over $1.5 billion of notes from a big California issuer on Wednesday.

If an issuer represents the validity of its bonds to investors at the time of issuance, it is barred from later denying repayment on a claim of invalidity.

The Port Authority of New York and New Jersey is proposing higher user fees to fuel a larger capital budget.

If data remain mixed before the next FOMC meeting, Federal Reserve Bank of San Francisco President Mary C. Daly said a rate cut would be “something to think about.”

Despite views on Capitol Hill that leaned towards taking financing away from public transit, the House bill would strengthen transit issuers.

Omaha-Douglas County Building Commission will have to rely on additional rental payments from the city and county to pay for bonds.

Investors are likely to lose millions whether the Atlanta-based financier continues under a court-appointed monitorship or not.

A bill to dissolve the south Florida toll road authority has been sent to Gov. Ron DeSantis.

Municipal deals flowed into the market on Tuesday, led by offerings from New York City, Ohio and Illinois issuers.

The Water and Power Authority's fuel supplier is demanding $20 million by Sunday.

Upper Arlington Schools District Superintendent Dr. Paul Imhoff said an upcoming vote on an operating levy will be harder to secure.

Declining consumer confidence and home sales back Powell's assessment that uncertainties are rising.

A progressive income tax may not boost the state's near-junk rating unless revenue is used to address the pension problem.

German Ramirez and Richard Prann of HJ Sims talk from Puerto Rico about the situation on the island and discuss COFINA and the IRS, what's new with the GDB bonds and with the commonwealth's GOs. Chip Barnett hosts.

Citi is losing another top-tier employee to retirement, as Ward Marsh announced his intention to call it quits after 45 years,

Puerto Rico CFO Rafael Maldonado Gautier said that some Treasury professionals have been selling influence, issuing false licenses, and trying to extort him.

Bank qualified debt, also known as BQ debt and bank eligible, allows banks to deduct most of the carrying cost of those bonds as a business cost.