Public finance

The Jeffrey Matthews Financial Group has been charged $110,000 for charging unfair prices on 86 municipal bond transactions a week after being dinged for Reg BI violations.

U.S. Soccer will issue $200 million of tax-exempt revenue bonds through the Fayette County Development Authority. 

The city will return to the market two weeks after closing its Transitional Finance Authority's biggest-ever deal.

Continued economic growth and budgetary discipline could lead to an upgrade of the state's AA rating over the next two years, S&P said.

The muni market tends to have "remarkable patience" in relation to USTs, said BofA strategists.

California Gov. Gavin Newsom released an executive order directing state agencies to clear homeless camps off state properties and urged cities to do the same.

Karl Knight worked as chief of staff for U.S. Virgin Islands Gov. Albert Bryan Jr.

The Chicago Public Schools board unanimously approved the district's 2025 budget Thursday, a day after the Civic Federation warned it is a "temporary solution."

Mayors rank economic development, infrastructure, and housing as top three priorities.

The city announced its P3 partner this week even after its federal funding got cut in committee and Rep. Maxine Waters took a strong oppositional position.

Despite munis being mixed Thursday, the muni AAA yield curve remains inverted, said Taylor Huffman, a client portfolio manager at PTAM.

New York lawmakers are helping a coalition of legal experts, transit riders, and environmental and disability advocates sue the governor for stopping congestion pricing.

Local government investment pools remain free from SEC rules

V2 Municipal Capital will source deals exclusively for Fundamental Advisors.

Municipal bond insurance grew 24.4% in the first half, compared to the same period last year.

Challenges to laws banning investment banks from underwriting municipal bonds and the targeting of other financial firms for divestment purposes may result from a recent Oklahoma ruling.

The largest is an up to $2 billion issue to replace the I-10 Calcasieu River Bridge.

"While supply has been outsized over the last several weeks, the market has also seen outsized reinvestment demand over the last several months," said Nuveen strategists.

Kaufman Hall & Associates, Caine Mitter & Associates, KNN Public Finance entered the Top 10, while CSG Advisors, Estrada Hinojosa and Columbia Capital Management were bumped.

Revenue from the sales tax could be used to issue long-term debt to reduce the extensive backlog of city projects.