News and Information from Bond Buyer

Cook County, Illinois president says new taxes or fees are on table to close the shortfall.

Strong government support fueled a two-notch upgrade for the Washington D.C.’s mass transit system despite drops in ridership.

Citibank joins UBS and Deutsche Bank in settling with the State Bond Commission over manipulation of the Libor rate.

The new events became effective in late February, and hundreds of Event 15 disclosures have filed in, with just a handful of Event 16 filings.

A recent NABL webinar reminded the market that MAs can face liability under anti-fraud provisions of the Securities Exchange Act.

Lawmakers are plowing through a pile of trailer bills, including two tax increases, that must pass to avoid blowing a hole in their $214.8 billion budget.

The markets are pricing in a 25 basis point Fed rate cut in July, as Thursday’s indicators showed continued manufacturing weakness.

Mark Paris and Stephanie Larosiliere of Invesco are optimistic on technicals in the municipal bond market given the length of this business cycle. John Hallacy hosts.

The Peach State hit the municipal market with a bevy of bond sales on Wednesday.

ICE Data Services launched its ICE US Broad Municipal Index, which tracks the performance of over 58,000 investment-grade tax-exempt munis.

While the statement said the panel will “act as appropriate,” the dot plot showed as many expect a cut as foresee no change.

The Oversight Board has reached an agreement with the Committee of Retirees that makes a flat 8.5% cut to pensions over $1,200 a month and does not change payments to the 61% of current retirees who receive monthly pensions of $1,200 or less.

Maine avoided political infighting and adopted its $7.98 billion two-year budget well before deadline.

S&P upgraded the city's Lambert International Airport ahead of the sale that was the subject of a tussle between city leaders.

MIA’s passenger and cargo growth are driving the south Florida airport’s new capital needs.

A judge's decision looms for men accused of bilking the Connecticut Municipal Energy and Electric Cooperative, which got good news from Fitch Ratings last week.

The new Chicago mayor traveled to New York City this week for a series of "meet-and-greets" with political and financial players.

Democratic lawmakers scrapped Gov. Phil Murphy’s millionaire’s tax proposal and pitched their own budget plan just two weeks before a July 1 deadline.

The municipal bond market went back to school on Tuesday as the Federal Reserve met in Washington.

The U.S. Senate has until July 14 to act.