News and Information from Bond Buyer

Honolulu Mayor Kirk Caldwell dedicated the majority of his inaugural speech to Oahu’s troubled multi-billion elevated rail line.

Puerto Rico Gov. Ricardo Rosselló asked the Oversight Board to extend the stay on debt-litigation and the deadline for completing the commonwealth’s fiscal plan.

The Los Angeles County Metropolitan Transportation Authority has secured $1.5 billion in federal grants and loans needed to accelerate a subway line.

Municipal market participants and others need not panic over the Republican threats to repeal the Affordable Care Act because health care plans are locked in under the ACA until at least 2019, a key member of President-elect Trump’s transition team said Thursday.

Indiana GOP House leaders offer $1.2 billion per year road funding plan fueled by gas tax hike.

Top-rated municipal bonds ended stronger on Thursday, according to traders, who saw some big new deals hit the screens, the first supply of size in 2017.

The Financial Industry Regulatory Authority's enforcement priorities for 2017 will include ensuring municipal advisors are properly registered with regulators, checking broker-dealers' compliance with best execution requirements, and monitoring firms' efforts to avoid unsuitable recommendations of securities.

Financial problems at Toshiba Corp. are credit negative for new nuclear power plants under construction at Plant Vogtle in Georgia and VC Summer in South Carolina, Moody's Investors Service said.

Afflicted with a pension crisis that has lowered credit ratings, the Dallas City Council informally agreed to postpone an $800 million bond election that had been expected in May.

A coalition of state, local, and infrastructure groups is pushing the California Legislature to act on transportation funding soon in 2017 after failing to reach a last-minute deal in 2016.

A flurry of Republican bills and resolutions were introduced during the opening week of the 115th Congress, several of which aim to abolish the Internal Revenue Service and require a balanced federal budget.

With revenues down slightly in 2016, Texas saw sales taxes turn positive in December, rising 4.9%, according to Comptroller Glenn Hegar.

Federal Reserve Bank of Richmond President Jeffrey Lacker won't be in Baltimore Friday, as planned, and prepared text of his planned speech will be read by the Bank's director of research Kartik Athreya.

New York Gov. Andrew Cuomo is proposing a roughly $10 billion modernization of John F. Kennedy International Airport that could incorporate elements of a public-private partnership.

Top-rated municipal bonds were stronger at mid-session, according to traders, who are seeing some new deals hitting the screens.

Two bond insurance subsidiaries of Assured Guaranty Ltd. have made interest payments to holders of insured general obligation and other bonds after Puerto Rico and certain of its instrumentalities failed to pay on Jan. 3, 2017.

Marisa Lago has been appointed by New York City Mayor Bill de Blasio to replace Carl Weisbrod as Director of the Department of City Planning and Chair of the City Planning Commission.

The Illinois Institute of Technology is at risk of losing its investment grade rating after a negative outlook revision.

Former Illinois budget director Tim Nuding has landed at the Illinois Health and Hospital Association.

The Treasury Department said it will auction $12 billion 29-year 10-month 2 7/8% bonds on Jan. 12.