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SROs "are now being guided by individuals who lack a deep real-world understanding of the markets they oversee," the trade association said in a letter to the House Financial Services Committee.
July 16
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Record contributions from public employers made up for below-expectation investment returns, according to a report published by the the Equable Institute.
July 16
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Hays County will appeal a June 23 court ruling that voided a successful GO bond election while it explores issuing alternative debt to fund road projects.
July 16
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"Most states do not expect to be able to keep key roads and bridges to a state of good repair," said David Draine, principal officer, public sector, retirement systems for the Pew Charitable Trusts.
July 16
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Once considered as a promising prospect for investors, "green" bonds have been plagued by defaults, a concern for those who study the underlying technologies.
July 16
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A 2024 Illinois law loosened school bond restrictions, allowing districts to authorize some debt without an election. That caused a backlash in one district.
July 16
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The top 10 underwriters for the first half of the year brought in more than $203 billion across nearly 2,000 issues.
July 16
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As always, economists had disparate interpretations of the consumer price index, with none expecting a July rate cut. And tariff questions remain unanswered.
July 15
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Prices for some bonds issued for Florida's express train have fallen sharply since Friday.
July 15
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Puerto Rico's disputes with New Fortress Energy, the parent of the island's power plant operator, Genera PR, could spread to PREPA.
July 15
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The city council voted unanimously to hold a special election on an 11-part GO bond proposition, which will be the largest in the city's history.
July 15
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With big state incentives and tariff protection, a United Arab Emirates-based aluminum producer has pledged to build the first new U.S. smelter in decades.
July 15
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The hires "will help us further deepen our relationships," said the firm's head of public finance.
July 15
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"The muni market seemed to ignore Treasuries [last] week, marching to its own beat," said Birch Creek strategists.
July 14
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Executive Director Gene Seroka said the port's downstream prospects are unclear as it deals with the "tariff whipsaw effect" from the Trump administration.
July 14
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"We supported the approved rule change and are extremely disappointed that the MSRB is now proposing to halt the progress it had been making toward full and complete transparency in the municipal securities market," Dimensional Fund Advisors officials said in a letter.
July 14
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The House Appropriations Committee kicks things off with markups of three infrastructure-related funding bills this week, including transportation.
July 14
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Tim Ruby has joined Wells Fargo as its healthcare, higher education and not-for-profit division executive. He will be based in Chicago.
July 14
