Public finance

The Metropolitan Transportation Authority should reconsider its proposal to debar contractors for late or overbudget work, the Citizens Budget Commission said.

Kevin Cullinan will will develop an enterprise risk management framework for the Connecticut Retirement Plans and Trust Funds, state Treasurer Shawn Wooden said.

The municipal bond market started to see supply come in, as a bunch of deals priced both on the negotiated and competitive sides. Today’s issuance was an appetizer for Wednesday, the main course that looks like it will be the busiest day of the year.

The strong performance may strengthen bondholders' hand in negotiating Puerto Rico bond restructuring.

Downstate and suburban Illinois public safety pension fund consolidation is the subject of much talk and possible future action

Puerto Rico Senate President Thomas Rivera Schatz is leading a suit seeking the court to remove the former resident commissioner from the position.

Maria Doulis of the Citizens Budget Commission and Howard Cure of Evercore discuss what's behind the city's $93 billion FY20 spending plan. Paul Burton hosts.

A power struggle in Mount Vernon, New York, over who will replace a mayor forced out following a campaign finance scandal leaves the Westchester County city's future fiscal direction in flux.

Municipal bond investors are eagerly awaiting the biggest supply week of the year, as strong technicals will continue for the foreseeable future.

Officials say the guidelines 'memorialize' the extensive debt management constraints under state and local laws, and the city's fiscal objectives.

The Port Authority of New York and New Jersey's $1.3 billion issuance stands out in a busy week with $12.6 billion of issuance planned.

Confirmation by one of the island’s two chambers will do little to ease uncertainty about who will become Puerto Rico’s next governor.

The Trump administration is planning to place restrictions on disaster aid for U.S. states and territories.

The wait is over. After seven months without seeing one week of double digit issuance, municipal bond investors will finally get a supply surge.

Data from so-called smart devices can trigger catastrophe for muni issuers if mishandled.

Municipal and Treasury markets rallied one day after the Fed cut interest rates by 25 basis points and after President Trump declared more tariffs on China — all of which caused the 10-year Treasury to dip below 1.90%.

Puerto Rico's governor looks to patch up a scandal-ridden administration before his own resignation takes effect.

The impact on the territory's bankruptcy reorganization and hurricane reconstruction was in doubt as it remained unclear who will become the next governor.

Morgan Stanley Wealth Management's Matthew Gastall, executive director, and Monica Guerra, vice president, share their views on strong muni demand. They discuss taxable equivalent yields and some pickup in credit impairments. John Hallacy hosts.

Post trial briefs are the next step after the two-day trial wrapped up in Preston Hollow Capital's lawsuit accusing Nuveen of a banker boycott.