Public finance

Ed Rendell's approach to infrastructure and financial management as Philadelphia mayor and Pennsylvania governor put him ahead of his time.

While supply falls next week as investors await their first Fed rate cut in four years, it should pick up after the FOMC, Barclays PLC said, adding the 30-day visible pipeline "is at relatively manageable levels at the moment." Bond Buyer 30-day visible supply is at $10.09 billion.

Current FHWA deputy administrator Kristin White will serve as acting administrator until a successor is named.

Household ownership of individual bonds was the largest category of muni ownership at 44.6%, mutual funds at 19.2%, exchange-traded funds at 3.1% and U.S. banks at 12.4%. While not detailed in the Federal Reserve data, SMAs may hold up to $1.6 trillion currently.

NAFOA is supporting passage of the Tribal Tax & Investment Reform Act, which would free up tribal bond issuance.

The Payson Town Council's passage last month of a bond resolution using an emergency clause violated the Arizona Constitution, according to a lawsuit.

California's state government typically pushes out billions of dollars of debt from August to November. This year there may be a shift in buy side sentiment.

Over a long, successful career, former New York City Director of Management and Budget Mark Page has shaped more than his share of public finance innovations. 

Municipal bond mutual funds saw inflows as investors added $1.258 billion to funds — the second-largest inflow figure year-to-date after $1.413 billion of inflows for the week ending Jan. 31.

The agencies are overstepping their statutory authority in trying to force the market to adopt a new securities identifier, says the American Bankers Association.

Moodys says it is placing additional weight on the states' Aaa ratings in determining the Garvee ratings.

The passage of a $11 billion plan, which aims to fully fund police and fire pensions in 30 years, comes as the retirement system is pushing its own plan in court.

The commission approved $73 million of limited obligation bonds for Rowan County schools.

House Republicans are once again careening towards a government shutdown

Thompson is known for mentoring his employees and his fair treatment of clients.

Analysts say the Jacksonville, Florida, utility has been able to move past concerns over its attempt to breach a contract with MEAG and to privatize.

The New York region's beleaguered transportation agency could need up to $92 billion for its next capital plan, said State Comptroller Thomas DiNapoli. 

The August consumer price index showed inflation remains above the Federal Reserve's target level and makes a 50-basis-point rate cut next week unlikely, economists said. Further, many expect the market will be disappointed going forward, as future cuts will likely be shallower than expected.

Fitch cited economic and demographic factors in explaining the downgrade.

The candidates touched on muni-adjacent issues like energy policy, housing and tariffs but offered little new information on infrastructure proposals or tax policies.