News and Information from Bond Buyer

The state owes $4.5 billion to the federal government for unemployment benefits paid early in the pandemic; bonds may part of the repayment plan.

Outflows continued, rising significantly in the latest week, with Refinitiv Lipper reporting $2.136 billion coming out of municipal bond mutual funds, following outflows of $661.675 billion in the previous week.

As hospital margins recover from the latest surge, Moody's warns of challenges from the pandemic-driven acceleration of the trend away from in-hospital care.

The Government Finance Officers Association issued a warning for government officials aiming to deal in cryptocurrencies in addition to updating its best practices for issuers of designated bonds

Texas says it will crack down on financial companies it perceives to be mistreating the fossil fuel industry as it implements a 2021.

Idaho will bring its inaugural issuance tapping a new transportation funding stream supported by sales taxes.

Sanchez was instrumental in drafting the municipal advisory regulatory regime during his previous stint at the SEC.

Indictments of Illinois' former House speaker and the former Chicago city finance committee chair provide fuel for the city's and state's reputations for corruption.

The Investment Company Institute on Wednesday reported $2.258 billion of outflows in the week ending March 9, down from $3.502 billion of outflows in the previous week.

A status report on the PREPA deal is due by noon on Friday.

The Securities and Exchange Commission has charged Texas' Crosby Independent School District and two individuals in connection with the school district’s 2017 fiscal year financial statements.

Florida's economy is stabilizing from the COVID-19 pandemic, but nature and man may bring other threats to its recovery.

The Municipal Securities Rulemaking Board has closed its second comment period on Rule G-46, collecting three responses.

Sarah Bloom Raskin, whose views on the role of climate risk in bank supervision angered Republicans, said she has taken herself out of the running so the gridlocked Senate Banking Committee could move forward with the Biden administration’s other nominees to the Federal Reserve Board.

Bond investors are understandably cautious in response to recent market volatility and ahead of what is expected to be a Fed rate hike Wednesday, participants say.

Puerto Rico completed the exchange of more than $33 billion of existing bonds and other claims into $7 billion of new bonds plus cash and CVIs on Tuesday.

Half of the infrastructure funding is going to the states, and cities should talk to their governors to ensure they see some of that funding, White House Infrastructure Advisor Mitch Landrieu told the National League of Cities Tuesday.

The enrollment controversy hasn't affected the nine-campus University of California system's bond ratings.

S&P's upgrade moved Detroit's unenhanced GO rating higher in the speculative grades but also lifted a portion of its priority lien debt to investment grade.

As 2022 unfolds, a confluence of challenges has affected pricing, trading and fund flows in the muni market.