Public finance

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.

Municipal financial professionals have to work with elected leaders to develop better policies to issue more tax-exempt debt in a fiscally prudent manner otherwise the infrastructure investment gap will likely continue to grow.

Several recent challenges to the Plan of Adjustment that could threaten its approval.

The new tax-exempt private activity bond categories for broadband and carbon capture projects are designed to avoid straining state volume cap.

The two are in sync, said New York City's incoming comptroller, who will take office Jan. 1.