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The Highway Trust Fund will need an additional $85 billion in U.S. general fund transfers over the next six years just to keep the program operating despite recent events that have shown that current spending is not enough, a Department of Transportation official told a Senate Panel Thursday.
June 13 -
After weeks of either net outflows or only modest inflows, tax-exempt money market funds recaptured $3.13 billion of net gains as total net assets grew to $260.97 billion in the week ended June 10, according to The Money Fund Report, a service of iMoneyNet.com.
June 13 -
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A difficult May in the municipal bond market has put investors on the defensive.
June 12
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The Senate is expected to vote on whether to confirm Charlotte, N.C. Mayor Anthony Foxx as Secretary of the Transportation Department during the next few weeks, but has not yet scheduled the vote, a congressional aide said Tuesday.
June 11 -
U.S. Transportation Secretary Ray LaHood announced Tuesday that his agency received applications for $9 billion of Transportation Investment Generating Economic Recovery grants, when only $474 million is available.
June 11 -
Roberto Roffo, a 20-year asset management veteran, has joined Advisors Asset Management as a senior vice president and portfolio manager as the firm plans to enhance its tax-exempt management initiatives.
June 11 -
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The chairman of the Senate Commerce, Science and Transportation Committee, on Monday named Sens. Mark Warner and Richard Blumenthal to lead two subcommittees.
June 10 -
Slowly rising Treasury yields and modest activity are pulling muni yields higher as the day's trading session crossed the halfway point.
June 10 -
The municipal market had little momentum to propel it forward to start the week.
June 10 -
Table as of: 06/07/2013 14:11 PM Invisible Supply Issuer and purpose Amount
June 10 -
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Investors pulled more money from municipal bond mutual funds than they have all year as funds that report flows weekly recorded outflows of $1.47 billion for the week ending June 5.
June 7 -
