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Christopher Waller was confirmed to a seat on the Federal Reserve Board on Thursday by a 48-47 vote along party lines.

West Covina faces shrinking reserves and growing liabilities. Its mayor responds that it is working on solutions, but the pandemic challenges its efforts.

The Senate will have a special session on the deal, which does not include a previously mandated interest rate cap, on Tuesday, Dec. 8.

For the last seven years, he held a similar position for U.S. Rep. Jim Langevin, D-R.I.

Daily report for December 03, 2020.

The Federal Reserve is in no hurry to taper its massive bond buying program, Chair Jerome Powell said Wednesday.

Until supply increases, year-end demand has munis outperforming. ICI reports another multi-billion week of inflows.

For the seventh time in 2020, monthly sales tax revenues in November were below the same month in 2019.

Jersey Shore gambling hub's financial progress under state supervision amid coronavirus headwinds prompted rating agency to revise junk-rated city's outlook to positive.

Most districts reported slight growth, but four reported little or no growth since the last report.

The Senate voted to advance Christopher Waller’s nomination to serve on the Federal Reserve Board, clearing the way for final confirmation Thursday.

Forecasters now expect a $641 million surplus this year and a much smaller than previously projected $1.3 billion gap in the next two-year budget cycle.

National League of Cities Executive Director and CEO Clarence Anthony said his organization is encouraged by the new bipartisan, bicameral proposal.

Oahu's 20-mile rail project could lose $250 million in federal funding if the Federal Transit Administration doesn't grant an extension.

Florida’s privately owned passenger train company, which halted service citing the coronavirus pandemic, is bringing $950 million of nonrated private activity bonds.

The governor-elect also plans to appoint Manuel Cidre as secretary of economic development and commerce.

An unregistered investment adviser told the city he would invest $9 million of its funds, but instead transferred some of the money to himself, the SEC found.

Fitch says the bond-financed settlement provides certainty and leaves the state's reserves intact, which puts the state on sound footing to manage the uncertainties with the coronavirus.

The university will begin its two-day retail order period Friday.

Daily report for December 02, 2020.