Public finance

House Transportation and Infrastructure Committee Chairman Peter DeFazio plans to introduce an outline for proposed national infrastructure legislation as early as Tuesday.

Andy Byford’s departure as MTA New York City Transit president rekindled questions about governance at one of the world’s largest mass transit agencies.

A mixture of taxable and tax-exempt deals priced into a market flush with cash. Muni yields continued to descend, as they moved three basis points lower today.

Maine Gov. Janet Mills used her first State of the State address Tuesday to push a borrowing plan for land conservation rejected by the legislature last year.

Andy Byford's resignation ends a two-year run marked by innovation and controversy.

Issues surrounding revenue bonds may delay resolution on the central government debt.

Large taxable deals fare well while gilt-edged Delaware yields track in line with AAA benchmarks in competitive deal.

Los Angeles Mayor Eric Garcetti said he "would like to see at least a couple of hundred billion dollars of new federal bonds."

As officials sift through Andrew Cuomo's plan to curb Medicaid costs, City Hall insists that the governor's spending-control emphasis is a de facto slash.

The high-demand market environment boosted Philadelphia’s first general obligation bond deal of 2020.

Whether new dedicated revenue for the MTA or its higher total debt holds more sway in the capital markets remains an open question.

After returning north of 7% in 2019, the municipal bond asset class continues to see strong returns so far in 2020.

Gov. Tim Walz's plan relies on $2 billion of new general obligation borrowing.

The San Diego City Council approved a resolution asking staff to craft language for a $900 million affordable housing bond.

Its top goal is to increase to $30 million the size of bank-qualified tax-exempt bond issues that can be sold to banks under favorable terms.

Three of the biggest New York City pension funds have selected advisors to help divest from fossil fuels.

The top municipal bond counsel saw $265.58 billion of business in the first three quarters of 2019, up from $237.49 billion a year earlier. Orrick Herrington & Sutcliffe LLP once again found itself on top with Hawkins Delafield and Wood gaining some ground.

The two active municipal bond insurers insured $5 billion more in 2019 than they did in 2018 thanks to a surge of issuance in the fourth quarter. Assured Guaranty and Build America Mutual combined for $23.92 billion of insured volume spanning 1,724 transactions and 5.67% penetration rate in 2019. That is up from $18.92 billion in 1,249 deals and 5.58% insured rate in 2018.

The municipal bond market will see a several large hospital corporate CUSIP taxable deals priced this week. Partners HealthCare Mass General, Cottage Health and Hartford HealthCare top a $7 billion calendar. Just what the doctor ordered for supply-starved buyers.

New York City Council member Daniel Dromm and Citizens Budget Commission president Andrew Rein explore the effects of looming state Medicaid cuts on the city's $95.3 billion preliminary budget. Paul Burton hosts from City Hall.