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Tax-exempt money market funds reported inflows of $913.9 million in the week ended May 20, raising total net assets to $258.64 billion according to The Money Fund Report, a service of iMoneyNet.com.
May 22 -
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Former U.S. Transportation Secretary Ray LaHood joins infrastructure investor Meridiam North America as senior advisor.
May 21
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The House Appropriations Committee approved a 2015 transportation budget that keeps federal highway funding at 2014 levels.
May 21
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JP Morgan Chase CEO Jamie Dimon said Detroit's bankruptcy and proposed bondholder treatment shouldn't hurt the market for local Michigan bonds over the long run, according to the Detroit Free Press.
May 21
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A Michigan House committee devoted to Detroit's bankruptcy unanimously approved legislation to authorize a $195 million state contribution to the city's pensions and outline oversight of the city post-bankruptcy for the next 20 years.
May 21
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Federal, state and local elected officials joined LA Metro in announcing the receipt of a $1.25 billion full funding grant agreement from the Federal Transit Administration for its Purple Line subway extension.
May 21
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Michigan legislators neared a vote on a package of bills aimed at resolving Detroit's bankruptcy after a hearing that saw testimony from public finance veteran Richard Ravitch and Detroit Mayor Mike Duggan.
May 20
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The House passed a $12.3 billion water infrastructure bill Tuesday that funds 34 port, inland waterway, and dam projects.
May 20
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Airport infrastructure public-private partnerships are often stymied by a web of competing local interests, aviation advocates told a House P3 panel.
May 20
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The parched market for municipal bond refundings may get some relief next year as call provisions kick in on debt issued a decade ago, easing a supply squeeze that has caused spreads to tighten this year..
May 20
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President Obama used his weekly address to criticize House Republicans for chopping the TIGER grant program to $100 million in 2015.
May 19
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Kent Hiteshew, the director of the Treasury Department's new office of state and local finance, described the office's initial areas of focus and asked municipal government finance officials to provide input about how the office could be helpful.
May 19 -
