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A $12.5 billion rainy day fund protects Texas from the next recession, said Comptroller Glenn Hegar, who wants to invest the fund into productive assets.
February 13
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If the economy moves as expected, Federal Reserve Bank of Philadelphia President Patrick Harker expects one rate hike this year and one next year.
February 13
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More new supply hit the screens led by general obligation deals from the District of Columbia and Delaware.
February 13
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Ned Lamont says his initiative could cut Connecticut’s borrowing by 39%, or hundreds of millions of dollars annually.
February 13
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Labor market “activity declined modestly and momentum remained high in January,” as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) slid to 0.97 from 1.06 in December, the Bank said Wednesday.
February 13
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Ron DeSantis in Florida focuses his bond priorities on Transportation while Georgia's Brian Kemp wants to fund statewide capital needs.
February 13
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What had been about $17.6 billion in COFINA bond par value became about $12 billion in new COFINA bond value.
February 12
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New Gov. Janet Mills’ first budget proposal would hike spending by $700 million without raising taxes or fees.
February 12
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The primary market was active on Tuesday as deals from the Dormitory Authority of the State of New York and the state of Texas hit the screens.
February 12
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The proposal is seen as a long shot in a session focused on school finance and property tax reform.
February 12
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An SEC muni office official discussed 15c2-12 and more on Tuesday.
February 12
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Scott Andreson plans to work with the SEC to improve disclosure.
February 12
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Richard Neal, D-Mass., raised optimism among state treasurers that advance refunding of municipal bonds may be part of "a combination of funding sources."
February 12
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Angelica Valencia is considered integral to the firm's California and Puerto Rico practices.
February 12
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The ideas are emerging as focal points in Gov. J.B. Pritzker’s search for solutions to the state's pension underfunding.
February 12
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The state of Texas competitively sold bonds while the DASNY deal was priced for retail investors.
February 12
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Fixing up mass transit in metropolitan New York could involve several components, Mayor Bill de Blasio said as the city and state renewed their budget tussle.
February 12
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Common Good founder Philip Howard discusses his new book "Try Common Sense." His approach to simplifying government including moving federal agencies out of Washington. Paul Burton hosts.
February 12
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Michigan State sold taxable bonds to finance a legal settlement in the Larry Nassar sexual abuse cases.
February 12
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Gov. Phil Murphy’s administration issued an RFQ for an advisor to evaluate using state-owned assets to stabilize its pension system.
February 11
