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Federal Reserve Bank of San Francisco President Mary Daly said she expects the central bank to raise interest rates to levels that restrain the economy.

Karl K. Klessig provided a fraudulent loan document and forged a signature in an application last year to acquire control of Golden Pacific Bancorp, according to the Federal Reserve.

Most large states are using pandemic aid for revenue replacement and this will be an issue in the future, an academic says.

Bankruptcy judge set deadlines for voting on the Highways and Transportation Authority plan of adjustment, moving it closer to confirmation.

Municipals head into the final week of the first half of 2022 on more stable footing, but a cautious tone hangs over the market.

Plans to float a bond for a high school and other expansion projects grew out of a six-month planning process.

Cook County projects a surplus this year and a $18.2 million gap for fiscal 2023 while it readies two bond sales.

The judge set May 2 deadline that was extended until June 1 and then July 1. Mediators now want until Aug. 1.

Municipal governments have become a target for online criminals. Experts warn their neglect of cybersecurity puts finances, services and vital records at risk.

Federal Reserve Bank of St. Louis President James Bullard said fears of a U.S. recession are overblown.

Most municipal securities trades are reported to the MSRB well under the current 15-minute rule, and it's unclear how a one-minute mandate would "benefit investors or increase transparency," the ASA said.

Daily report for June 24, 2022

Erdman closes the books on a three-decade career with Wisconsin next week and heads to municipal advisory firm Baker Tilly.

Refinitiv Lipper reported smaller outflows at $1.6 billion, down from the $5.6 billion the week prior. It brings the total outflows to $45.7 billion year-to-date.

An appeals court ruled the Oversight Board can stop laws that are inconsistent with PROMESA's purpose.

The state made "unprecedented additions" to its reserves, protecting its triple-A bond rating, said state Sen. Janet Howell, Finance and Appropriations Committee Chair.

The naming of the first Native American U.S. treasurer follows complaints about how pandemic relief funds were distributed among tribes.

The National League of Cities’ 2022 State of Cities report shows a shift to funding infrastructure through a public safety lens in a post-COVID world.

Federal Reserve Governor Michelle Bowman said she supports raising interest rates by 75 basis points again in July and following that with a few more half-point hikes.

Construction material costs, which often rise faster than the consumer price index, have surged over the last year while a shortage of skilled construction workers has plagued the industry.