New York's mayor announced sharp cuts, a draw on reserves and a call for further assistance from Washington.

Michael Rowan, CFA, managing director of global public, project and infrastructure finance at Moody’s Investors Service, talks about how COVID-19 is affecting the rating process. John Hallacy hosts.

The board will "review the MSRB’s organizational response to the COVID-19 pandemic, including measures to ensure the safety of staff and stakeholders."

The MSRB wants to give dealers and muni advisors more time to implement amended rules and interpretive guidance as well as finish professional qualification and supervisory requirements.

Moody's Investors Service revised the Pennsylvania regional health system to negative citing revenue risks from COVID-19.

Marshall Medical Center in Placerville was cut to BB-plus.

The central bank is creating a facility to provide financing to banks participating in the Small Business Administration’s Paycheck Protection Program.

So far there have been over 200 COVID-19-related disclosures, according to Diver by Lumesis, a financial technology company.

Banks failed to convince the court that the lawsuit doesn't meet the legal hurdles for a false claims action.

Morgan Stanley, Ameritas Investment Company LLC and a former Stifel broker agreed this week to pay the fines for violating multiple muni securities rules.

First Manhattan Co. bought municipal securities from an unaffiliated dealer without making a reasonable effort to obtain fair and reasonable prices, FINRA said.

Arlene Bohner has been named Fitch's head of U.S. public finance and will report to Laura Porter.

The Supreme Court is poised to decide the Texas governor's quest to end the federal program that provided millions of Americans access to health insurance.

Controversy over state borrowing levels and how to backstop COVID-19 measures surrounded a two-year, $4.7 billion bond authorization bill that Gov. Ned Lamont signed.

Perhaps most important, nobody involved in this issue has argued that issuers or anybody else would benefit in any way from exempting MAs from appropriate regulation.

Congressional offices may decide to minimize or ban face-to-face meetings as virus concerns grow.

NAMA believes the order will strengthen protection for issuers in keeping with the recent reforms in the municipal market.

Sources say action on the SEC's proposed exemptive order has slowed, though it could garner attention at next week's conference.

Cash-flow struggles amid sharp tuition revenue declines the past few years placed the Philadelphia private college on the verge of another credit downgrade one year after its rating was dropped into low investment grade territory.

Tourism represents 17% of Hawaii's economy.