Washington

GASB is looking for comments on the taxonomy design for its Voluntary Digital Financial Reporting project, a big step on the pathway to the digitization of financial statements.

The SEC looks to be trying to sharpen its muni expertise, which may offer clues about its future focuses in the market.

Schools should begin auditing their programs and policies now, and bond buyers should prepare for more credit risks coming with higher education bonds.

The SEC has issued a proposal to rescind its "pay-to-play" rule relating to investment advisers. The rule "was modeled, in large part," on MSRB Rule G-37, Commissioner Hester Peirce said.

Oregon Gov. Tina Kotek canceled plans for a Salem data center in July. Her new edict goes further.

Up to 18,000 private schools could lose access to the municipal bond market under the proposed rules, driving up their borrowing costs.

In a June letter to the SEC, Truth in Accounting expressed its "strong concerns regarding the GASB Accounting Support Fee and the broader role of" GASB itself.

The Federal Reserve's Office of the Inspector General found inconsistencies in how reserve banks execute their search processes and review stock holdings for prospective directors.

State and local issuers should expect cuts in transit and rail projects over the short term, transportation advocates said.