Public finance

Pension and other retirement benefits still pose a stiff challenge, the organization said in its annual report card on the states.

The private passenger train project in Florida also faces new litigation from longtime adversary Indian River County.

Municipal bonds were trading mixed in mid-session activity as more supply came to market.

A bill would extend the sunset date of the law allowing local governments to issue pension obligation bonds and OPEB bonds past Dec. 31.

Rahm Emanuel will back a constitutional amendment to rein in pension benefits while city pension obligation bonds remain in play on a longer timeline.

The market absorbed a surge in bond issuance, led by the Dormitory Authority of the State of New York and the Illinois Toll Highway Authority.

“We have starved our state of a fundamental economic investment and job creator,” said Chicago Mayor Rahm Emanuel.

Rep. Steve Stivers plans to use the recruiting skills he honed as chair of the House GOP campaign arm to enlist new members of the bipartisan Municipal Finance Caucus in the next Congress.

Richard Gounaud, accused by the SEC of participation in a muni bond "flipping" scheme, claimed the use of the slang term created unfair bias.

Gov.-elect J.B. Pritzker will inherit $133.7 billion of unfunded pension liabilities, according to a nonpartisan state commission.

With only a few weeks left in the year, the muni market is poised for a burst of activity, while also looking ahead to what 2019 might bring.

Gov. Andrew Cuomo wants a second look at the planned L-train shutdown while Sen. Charles Schumer called the authority slow in positive train control.

The wholesale public power authority will refund outstanding debt, refinance commercial paper, and fund nuclear fuel for reactors 1 and 2 at Plant Vogtle.

The Oversight Board expressed skepticism as to whether the tax reform measures are consistent with the certified fiscal plan.

Detroit issued bonds Friday to fund the successful tender offer.

Hasan Ikhrato joins the San Diego Association of Governments, which has been without an executive director since Gary Gallegos stepped down amid scandal in 2017.

Volatility in risk assets has led investors to the safety of bonds, according to Societe Generale.

The Illinois State Toll Highway Authority will bring about $430 million of refunding debt to market.

Doñé will take a key advisory role in the nation's fourth-largest pension system.

Municipal bonds were stronger at mid-session, as the market prepares for an $8 billion new issue slate.