Public finance

Muni advocates say they want a lawmaker with local government experience to take over as influential chair of the House Committee on Transportation and Infrastructure.

The Investment Company Institute reported $974 million of inflows into municipal bond mutual funds in the week ending Nov. 23, down from $1.430 billion in the previous week.

California will seeks its share of infrastructure bill funding to provide equitable access to high-speed internet.

States, on the front lines of implementing the new $1.1 trillion infrastructure program, want clear, flexible federal rules and the ability to tap private investment.

While the outgoing New York mayor's final plan showed some bright spots, enough remains to test Eric Adams when he takes office.

Powell says the FOMC will consider ramping up tapering when more information about Omicron and its impacts are known, further flattening the UST yield curve.

Revenues were also up compared to the first quarter of fiscal 2021.

Total November volume was up 58.3% to $33.818 billion versus $21.359 billion a year earlier, but the figure is average over a 10-year period. A combination of factors from policy uncertainty in Washington to fears of rising rates led to the increase.

The refinancing will add $80.5 million to the original 2017 federal loan for the project, bringing the total to $606.7 million.

The Build Back Better Act contains provisions that could help states finance additional affordable homes.

The governor wants to use savings to address the islands' $3.3 billion pension underfunding.

The Chicago-area transit service boards expect a boost from strong sales tax revenue and discretionary grant funding from the federal infrastructure package.

Economists appear to be less concerned about Omicron, with some saying that even if the variant causes another pandemic wave, it is more likely to "slow rather than interrupt" the global economic recovery.

The forum is urging its members to contribute to scholarship funds to honor the memories of Robert Rosenberg, Carey Gabay, Ned Flynn and Alan Anders.

A majority of firms anticipate less volume in 2022 than the record hit in 2020, but how policies from Washington and the path of overall economic activity in a still-recovering global economy with COVID overhang make predicting volume more difficult.

ICI reported $1.43 billion of inflows into municipal bond mutual funds in the week ending Nov. 17, down from $1.61 billion in the previous week.

No consensus on whether the judge will make changes to the plan before approval.

Michigan expects to receive at least $10 billion from the federal infrastructure package that will give a boost to the state's Michigan Clean Water and Rebuilding Michigan programs.