Washington

The MSRB took no concrete actions at its meeting that ended last week, but discussed initiatives important to market participants.

Treasury Secretary Janet Yellen said the only solution to avoid a U.S. default crisis is for Congress to increase the federal debt limit, avoiding engaging with other proposed stopgap measures including short-term extensions or spending cuts.

Kelly has twice introduced legislation to broaden private activity bonds.

A number of states are taking aim at tax reductions, though some experts view the move as misguided policy.

A group of top local government associations have formed a new legal coalition aimed at Supreme Court cases that carry municipal implications.

The three firms were ordered to pay $515,000 in restitution, but were spared any additional financial penalty.

Inflation continues to wreak havoc on new construction rental projects that are still in the pipeline.

Federal Reserve Vice Chair Lael Brainard is a top contender to become the head of the White House's National Economic Council, according to people familiar with the deliberations.

Open data standards will help Flint "tell its story" and benchmark itself against other cities, said CFO Robert Widigan.

Municipal bond issuers are worried about what the recently passed Financial Data Transparency Act is going to cost them to implement.