Washington

UST yields rose across the curve in response to the employment report with the two-year rising nearly 10 basis points while municipals largely ignored the moves and ratios fell as a result.

"If you are seeking the services of a municipal advisor, it would be helpful to use the term municipal advisor in your RFP/Qs," said Sanchez, director of the SEC's Office of Municipal Securities.

The addition of Turner-Bond as a partner will deepen Orrick's public finance practice's P3 expertise.

The megabill now heads to the House, where Speaker Mike Johnson said a vote could come as soon as Wednesday.

"I think your first question to them should be 'Are you from the future?,'" the deputy director of the SEC's Office of Municipal Securities said.

GFOA Today 2025, day 1

Sanchez said the GFOA's debt committee in particular is a place where there could be discussion about what kind of controls are necessary to address the situation. 

The guidance comes as the tender market has grown from zero to $48 billion since 2019.

The proposal is an effort to placate Republicans worried about the reconciliation bill's deep cuts to Medicaid.

The updated document also addresses disclosure relating to cybersecurity.