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Rosselló says that Rep. Rob Bishop is placing the needs of the bondholders over those of Puerto Rico residents.

Despite municipals being a little sidetracked as Treasuries weakened, traders said there was a more constructive nature overall to the market on Tuesday.

State and local governments in some cases weren’t disclosing terms of direct borrowings, private placements that exposed them to risks different from those related to other types of debt.

A proposed Chicago ordinance would press banks on gun control.

Kentucky lawmakers approved a $22 billion biennial budget bolstered by cuts for most state agencies, transfers and new revenue.

The SEC wants a quick end to its case against former Ramapo, N.Y. town supervisor Christopher St. Lawrence, but St. Lawrence's lawyer wants a federal judge to proceed to trial.

The project is designed to protect Fargo, North Dakota and Moorhead, Minnesota from high waters.

Federal Reserve Bank of San Francisco President John C. Williams has been selected to become president and chief executive officer of the Federal Reserve Bank of New York.

Retail buyers were offered the chance to buy the New Jersey Tobacco Settlement Financing Corp.’s subordinate tobacco settlement bonds.

Aging and outdated facilities, and the accompanying drain on finances, has been a recurring topic of discussion in the chambers of the Pueblo City Schools (D60) board of education.

The federal funds rate is near neutral and the Federal Open Market Committee doesn’t need to raise rates much more, according to Federal Reserve Bank of Minneapolis President Neel Kashkari.

The New York economy continues to expand at a slower pace, while prices continued creeping higher.

Pittsburgh Mayor Bill Peduto discusses the city's strides and immediate challenges after its exit from state oversight. Paul Burton hosts.

The household sector’s direct ownership of outstanding muni debt has dropped by $103 billion year over year -- and by more than $300 billion since 2010.

Other Puerto Rico officials joined Gov. Ricardo Rosselló in resisting the board's demands for austerity

Moody's labeled the Illinois high court's refusal to hear an appeal on step raises a "credit negative" for the state.

Alum Rock Union Elementary still faces challenges from probes into alleged fiscal mismanagement.

Michigan State University is seeing the first credit fallout from the sexual abuse scandal involving former university and Olympic gymnastics doctor Larry Nassar.

The budget approved over the weekend fails to address long-term fiscal challenges, according to analysts.

The second-quarter kicked off Monday with a little more optimism among municipal market participants after "one of the worst quarters in a long, long time."