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Rep. Bill Shuster appears to have secured his chairmanship of the House Transportation and Infrastructure Committee after receiving the blessing of current chairman John Mica.
November 27 -
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Only seven state pension systems can lay claim to a strong 90% funded ratio while at least 21 states manage systems that fall below a "fiscally sound" threshold of 70% funded, Morningstar writes.
November 26 -
Charles Schwab announced Monday that it has joined with Piper Jaffray to provide clients access to Piper Jaffray's new issue municipal bonds through Schwab's BondSource® Platform.
November 26 -
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A fairly brisk new-issue calendar will usher in the last week of the November – highlighted by an $800 million Florida aviation offering – and municipal players say the deals will satisfy post-holiday demand on the heels of dwindling supply last week.
November 25 -
Tax-exempt money market funds were boosted by $3.68 billion of inflows – one of the single highest weekly increases of the year – as assets swelled to $271.78 billion in the week ended Nov. 19, according to The Money Fund Report, a service of iMoneyNet.com.
November 21 -
A Chicago-based broker dealer has launched an electronic platform executives say will help ensure new-issue municipal bonds reach retail investors efficiently and at fair prices.
November 21 -
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The municipal bond market will enter the Thanksgiving holiday from a position of strength. Muni bond indexes heading into the holiday fell on all but the short end to levels not seen in more than 47 years.
November 20
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There is more new leadership at the American Association of State Highway and Transportation Officials, as the group voted this week to elect Rhode Island Transportation Director Michael Lewis as the association's president for the next year.
November 20 -
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Moody's has told MBIA Inc. that it will consider downgrading bond-insurer National Public Finance Guarantee Corporation, parent-company MBIA Inc. and sister-company MBIA Corp.
November 19 -
The impact of the rapidly approaching fiscal cliff could devastate U.S. debt-financed infrastructure if Congress fails to find an alternative combination of cuts and revenue measures, Fitch Ratings said Monday.
November 19 -
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