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Treasury Secretary Steve Mnuchin said Puerto Rico will have to look for an alternative to the Act 154 tax.
September 12 -
Chicago says its met its obligations under the state pension code; all four of its pension funds have filed shortfall claims with the state.
September 12 -
Municipal traders and managers said the tax-exempt market’s early strength translated into weakness before the end of trading — due to taxable and overseas influences.
September 12 -
The Clearwater Cay Community Development District’s bondholders and trustee say the required approval from the governor wasn’t obtained.
September 12 -
At a bond lawyer conference, lawyers said they've seen increased interest in self-reporting.
September 12 -
Internal Revenue Service enforcement officials told NABL workshop attendees the service is hiring five new revenue agents, up from the current 20, and two additional tax law specialists.
September 12 -
The fifth-generation banker, who has already been serving as a central bank governor, was confirmed by the U.S. Senate in a 60-31 vote.
September 12 -
Some of the solutions contemplated to bring the investor-owned utility out of bankruptcy involve tapping the municipal bond market.
September 12 -
“The City of Harvey, through no fault of Comer’s and unrelated to Comer’s fiduciary obligations, tainted the district’s offering,” according to the defense.
September 12 -
Carolyn Pokorny, who helped prosecute "El Chapo" Guzman and other drug lords, is taking on waste and fraud as the New York transit agency's inspector general.
September 12 -
With a tweet, President Trump has reopened the debate about negative interest rates.
September 12 -
Veronique "Ronnie" Hakim, a top official at New York's Metropolitan Transportation Authority, is resigning as managing director by the end of February.
September 12 -
Thomas Garretson, fixed income portfolio strategist at RBC Wealth Management, and Craig Bishop, lead strategist, U.S. fixed income strategies at RBC Wealth Management, discuss the upcoming Fed meeting, rate cuts, the divide among participants, the inverted yield curve, Fed independence, and recession. Gary Siegel hosts.
September 12 -
IFA is restating its current bond trust indenture as it finalizes a drawdown loan of up to $436 million provided under WIFIA.
September 11 -
Accusations that the university violated a moral obligation in connection with bonds for a student housing P3 are false and defamatory, its attorney says.
September 11 -
Moody’s Investors Service upgraded the Town of Brookhaven to Aaa.
September 11 -
Los Angeles and Broward County deals were offered while some say the municipal market feels "heavy" and in retreat.
September 11 -
The county’s proposed general fund budget appears to display an unconscionable lack of fiscal discipline.
September 11
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The producer price index grew 0.1% in August, while the core rate — which excludes food and energy — rose 0.3% in the month, the Labor Department reported Wednesday.
September 11 -
Opponents of the $700 million adopted budget say $2.5 million of spending choices may begin a slide back to Chapter 9.
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