Treasury Department guidance allows funding for broadband enhancements, like boosting internet connectivity in public libraries or parks, improving internet coverage for students, and implementing public safety improvements.

While the market broadly is still in the early stages of using artificial intelligence, more firms are starting to implement it, panelists said at MuniTech NYC, an event hosted by Munichain and Spline Data that brought together a gathering of technology-focused market participants.

"I am excited to lead the team through what will be an exciting period of growth in public finance," Anjali Sharma said.

This fiscal 2024 report provides a closer look at the stewardship of our reserve funds and how we plan to allocate technology resources in the year ahead to deliver value to our stakeholders.

The Amtrak-Texas Central proposal to build high-speed rail between Dallas and Houston would take land "from American citizens and put it under the control of a Japanese company," a pair of Texas Republican representatives told the FRA.

The artificial intelligence revolution has arrived. NYC's CTO, Matthew Fraser, tells American Banker's Executive Editor of Technology, Penny Crosman, how new technology is shaping policy in America's largest city.

AI will be part of a new tax-enforcement effort that will target high-income earners, partnerships, and large corporations.

Ahead of The Bond Buyer's Infrastructure Conference in Chicago this week, Carlos Braceras, Utah's transportation secretary, talks with Caitlin Devitt about overseeing the largest transportation program in the state's history. He discusses the projects and challenges that go along with creating safe and efficient transportation infrastructure for the fastest-growing state in the union. (33 minutes).

Building off his success in creating a revolutionary website as Massachusetts assistant treasurer of debt management, BondLink founder Colin MacNaught has grown his firm into 45 states.

In other asset classes, there has been more transparency, activity and efficiency due to electronic trading. The muni market has been behind in realizing how beneficial electronic trading can be, sources said.

Users can choose attributes, like callability or state of issue, to apply to different portfolios. This helps comply with Reg-BI and create investment strategies, the firm said.

Despite efforts to pinpoint the problems that stand in the way of data standardization, solving those issues is still a long way off, panelists at the Brookings Municipal Finance Conference said.

New York State Comptroller Thomas DiNapoli urged state agencies to do more to protect water systems from cyberattacks as Moody's Investors Service said cyber risks pose challenges to municipalities across the United States.

Through proposed SEC regulations, federal grants and cybersecurity insurance, areas of the public finance industry are adjusting to costly and omnipresent cyber threats. 

New York is seeking to procure a supercomputer to run artificial intelligence systems and gain a deeper understanding of the technology for more effective regulation. 

Some in the industry already use AI to help determine fair bid and offer prices and to summarize new-issue offering statements, but full integration into all aspects of the market is a ways away.