News and Information from Bond Buyer

The SEC's Investor Advisory Committee's vice chairman is Elisse Walter, the former chairman and commissioner of the SEC who was most responsible for the commission's 2012 Report on the Municipal Securities Markets that suggested some of these muni reforms.

Borders is an 11-year veteran of the public finance field and was previously at Chapman and Cutler LLP in Chicago.

Gov. Phil Scott and the state legislature remain at odds over a new spending plan as the a July 1 budget deadline approaches.

John Bel Edwards also called a new special session in hopes of solving an impasse on priority spending.

Chances that the 42-year-old Navajo Generating Station could survive beyond 2019 have improved with President Trump's plan to subsidize coal.

San Francisco voters approved a parcel tax aimed at retaining teachers through salary raises.

Branches in every borough struggle to stay open due to broken boilers, leaky roofs and other serious maintenance problems, said the Center for an Urban Future.

Municipal bonds were mixed ahead of this week’s smaller-than-average new issue calendar and the FOMC meeting.

Consumers’ inflation expectations held, but respondents’ optimism about income and spending slid.

The Federal Reserve is expected to raise the fed funds rate target by 25 basis points. Will this lead to more volume?

Fiscal restraints under a new bond covenant contributed to strong demand for a state GO sale, said state Treasurer Denise Nappier.

Riverdale, Illinois, will leverage its share of state income tax taxes with a junk-rated deal.

Controller Betty Yee released her cash report for May.

S&P Global Ratings revised Alaska's outlook to stable from negative.

Long Beach and Burbank voters approved measures that allow municipal utilities to transfer revenue to their general funds.

States could gain $8 billion to $33.9 billion in additional annual revenue if the high court rules in favor of South Dakota, while a loss would mean the status quo.

The proposed settlement may determine how much money is available for the biggest class of bondholders in Puerto Rico's municipal bankruptcy.

Munis will see more than $5 billion of new supply, with the Federal Open Market Committee set to meet next week and raise interest rates again.

Tax increases proposed by New Jersey Gov. Phil Murphy would prompt companies and residents to exit the state, a business advocacy group wrote.

Two town officials also received civil penalties totaling $35,000 and were ordered to resign and be temporarily barred from employment with Ramapo, N.Y.