Investments

The authority will 'hold their feet to the fire,' Chairman Patrick Foye said of the German conglomerate.

Among the topics on the plate for Laura Porter, Fitch Ratings' new head of public finance, are complex credits, special revenue legal focus and ESG factors and scoring. Porter believes there are still opportunities in this market and has the team to assist in these efforts. John Hallacy hosts.

The ripple effects of Puerto Rico's bankruptcy may be less onerous for state special revenue credits than some investors thought.

The Trump administration canceled $929 million of funding that had been appropriated for California high-speed rail.

A bid to stabilize New Jersey’s soaring pension and healthcare costs faces an uphill battle against the state’s Democratic governor and organized labor.

The MSRB is requesting comment on whether Rule G-23 is still relevant and whether it helps the MSRB achieve its objectives of protecting issuers and investors.

Justifying the latest bid to recover funds related to illegally issued debt, the board says the legislature failed to authorize the pension system bonds.

New York City’s economy grew 3.0% in the first quarter, Comptroller Scott Stringer reported on Monday.

Austin Energy expects to reduce the cost of power from an East Texas biomass plant by buying the Nacogdoches facility.

Federally funded infrastructure programs are critical. Sometimes they are the only viable means for infrastructure investment for certain projects.

The Connecticut Housing Finance Authority became the first housing entity to use the Secured Overnight Financing Rate when it issued $100 million of variable-rate bonds.

Iowa's PEFA gas deal and North Carolina GARVEEs lead the way.

GFOA had a previous president from the higher education sector, but Stone is the first from the K through 12 sphere.

Steven Gibson became president last year and is the deputy city manager in Rock Hill, South Carolina.

The positive side is the bipartisan legislation for reinstatement introduced by 10 House lawmakers last week has a high possibility of being included in any infrastructure legislation that passes that chamber.

Issuers are concerned that the Municipal Securities Rulemaking Board reopening discussion of Rule G-23 could bring back "shady" practices.

GFOA members said they were taken aback and in some cases upset about the tone of the National Federation of Municipal Analysts' letter to regulators.

The governor's preliminary proposal relies on $17.8 billion of borrowing over six years.

With Memorial Day and the unofficial start to the summer approaching, the municipal bond market continues to dance to the same old song.

The orchestra received a first-time A rating from S&P Global Ratings ahead of its bond sale next week.