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The Connecticut treasurer also extolled "baby bonds" as a way to improve “racial equity,” narrow the state's gap between rich and poor, and promote economic growth.
March 2
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The president touted the benefits of last year's Bipartisan Infrastructure Law and American Rescue Plan Act during his first State of the Union address.
March 2
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The Russian invasion of Ukraine could slow interest rate hikes and has led the market to pull back on the chances of a 50-basis-point liftoff.
March 1
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States have appropriated 72% of the ARPA funds they have received so far and many state legislatures are developing plans to spend the rest.
March 1
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Minnesota's February forecast adds $1.5 billion to the $7.7 billion forecast just a few months ago.
March 1
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Income taxes — despite losses due to remote work — and internet gambling revenue are on the rise, giving the Motor City's general fund a boost.
March 1
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Recent federal laws have provided municipalities with record levels of funding, but may only have a marginal increase in the number of issuances.
March 1
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Sponsors of the Supporting American with Lower Taxes Act see it as a potential compromise on the contentious state and local tax deduction cap issue.
March 1
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“I want to break ground next year,” Kentucky Gov. Andy Beshear said.
March 1
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North Carolina Treasurer Dale Folwell talks with The Bond Buyer's Chip Barnett about how the state's economy has remained in financially good health despite dealing with the COVID-19 pandemic as well how the state deals with troubled municipalities. As chair of the debt affordability commission, he chats about bond issuance. He also discusses the ways to reform healthcare and increase transparency. (15 minutes)
March 1
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The U.S. and European Commission moved Saturday to disconnect Russia from a global financial system.
February 28
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All markets, but particularly municipals, are in uncharted territory once again, with volatility amplified by the crisis in Ukraine and a still somewhat uncertain path for the Federal Reserve and inflation.
February 28
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A Michigan House Republican plan would direct $1.15 billion of grants to local municipal pensions that agree to abide by certain conditions.
February 28
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February volume was $26.481 billion in 594 deals versus $37.052 billion in 981 issues a year earlier, bringing total volume for the first two months of the year to $51.426 billion, or 20% less than 2021.
February 28
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The governor wants the current deal revised and to be able to participate in any mediation talks. Bond insurers, the Unsecured Creditors Committee and authority’s fuel line lenders also want to be included.
February 28
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SIFMA had argued that the SEC's temporary exemption order for municipal advisors was arbitrary and capricious.
February 28
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Federal Reserve Bank of Atlanta President Raphael Bostic said he favors raising interest rates by 25 basis points at the Federal Open Market Committee’s March meeting but would consider a larger half-point move if monthly inflation readings fail to decline from elevated levels.
February 28
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Oklahoma joins Texas, Arkansas and Louisiana in allowing utilities to float securitized bonds to recover spending on fuel price spikes during Winter Storm Uri.
February 28
