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The Texas Water Development Board leads the new-issue calendar with $1 billion of revenue bonds.

The long-time high-yield muni manager left Nuveen in April when the firm settled a contentious lawsuit with Preston Hollow.

The MAMBA Act would modernize IRS rules affecting private activity bonds.

Bond trustee UMB Bank informed owners of the defaulted debt they may have actionable claims related to the bonds' sale.

Costs jumped faster than revenues increased for the New Jersey Meadowlands mall in 2022, according to its annual financial report.

The artificial intelligence revolution has arrived. NYC's CTO, Matthew Fraser, tells American Banker's Executive Editor of Technology, Penny Crosman, how new technology is shaping policy in America's largest city.

State Controller Malia Cohen said she stepped up to help draft audit guidelines following a charter school fraud case that cost the state $400 million.

The Metropolitan Transportation Authority pledged in a legal settlement to devote nearly 15% of its capital plan to make more of its facilities accessible.

Daily report for September 22, 2023

The general bias toward muni rates is that they would be a bit higher with technicals "being a little less supportive than they were in August, plus what we heard with from the Fed 'higher for longer,' and potentially another hike," said Jeff MacDonald, head of Fixed Income Strategies at Fiduciary Trust International.

The private equity firms accused the bank of concealing key changes to a credit agreement, in part because it wanted to win future muni bond business from Brightline Holdings.

State and local governments showing strength in a time of financial uncertainty

The 10 regional and categorical winners, all of whom will be finalists for the national Deal of the Year award, will be announced the week of November 13.

The city ranks last among 32 U.S. cities in an index that tracks secondary market prices for general obligation bond debt.

The Bipartisan Infrastructure Law gives the country "the best start we've ever had," in setting up a national bullet train network, Transportation Secretary Pete Buttigieg told a House panel Wednesday.

The nonprofit regional healthcare system reported six straight years of operational losses in its most recent financial report.

Ocean Capital's next move is to attemot to have its elected directors seated on the funds' board of directors.

Daily report for September 21, 2023

As was expected, the FOMC held rates in a range between 5.25% and 5.50%, but the dot plot in the Summary of Economic Projections showed 12 of 19 members expect another 25-basis-point rate hike this year.

Miami-Dade County is fighting Florida lawmakers' latest attempts of a takeover of its expressway authority.