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Having people who are “outside the mainstream” on the Federal Reserve’s Board of Governors won’t create “huge amounts of problems” because they won’t set the path for monetary policy alone, former New York Federal Reserve President William Dudley said.

Daily report for July 23, 2020.

Federal authorities arrested Ohio House Speaker Larry Householder on charges he took bribes to support legislation that benefited bankrupt FirstEnergy.

With prospects of federal aid waning, an $8 billion revenue gap will leave the the state government and Gov. Andrew Cuomo few attractive options.

Municipals were stronger on the short- and intermediate ends as long maturities held firm in quiet trading on Wednesday.

Several scenarios exists offering different potential outcomes, according to an observer.

The National League of Cities is focused on college towns as part of its effort to persuade the Senate to provide $500 billion to local governments.

In a virtual meeting, the board will set its budget, but won't select an incoming class of board members, because of a proposed size change.

The Detroit City Council agreed to put Mayor Mike Duggan's revised $250 milliot bond proposal on the November ballot after nixing his original plan last year.

South Carolina-owned Santee Cooper must pay $200 million to ratepayers and impose a four-year rate freeze to end a suit over a failed nuclear reactor project.

The commission approved the borrowing amid projections of a $153 million budget shortfall for fiscal 2020 due to COVID-19.

“I absolutely do intend on refilling my complaint,” Andrew Hennigan told The Bond Buyer.

Daily report for July 22, 2020.

King Co., Wash., Port of Houston and San Antonio deals went up for grabs Tuesday.

The legal tussle between the Dallas-based private lender and the Chicago-based investment powerhouse continues with defamation and antitrust claims pending in separate courts.

The responses to requests for quotes in the secondary market increased almost doubled in 2018 compared to 2015.

The nominations, essentially along party lines, move to the full Senate.

This is the latest case to involve 'flipping' — improperly allocating bonds meant for retail customers and instead selling them to other market participants — following multiple related actions made by the SEC over the years.

UMB plans to focus on higher education with its initial thrust into advisory services.

The pandemic has magnified the woes of New York City’s public hospital system — long a problem unit — the comptroller said.