Washington

Cities and representatives from the National Urban League said the infrastructure bill would be a huge boost for cities and underserved neighborhoods.

U.S. Treasuries sold off by double digits while municipals cut levels by one to three basis points. Refinitiv Lipper reported another $1.55 billion of inflows for the 29th consecutive week.

A firm and its two principals have been charged for an improper fee-splitting arrangement under the relatively new regulatory regime for municipal advisors.

The country's digital divide and ailing water infrastructure would see boosts in bipartisan infrastructure bill up for House vote as soon as Monday.

Making the Federal Reserve's Municipal Liquidity Facility a permanent emergency lending program would be “valuable and forward thinking," Connecticut Treasurer Shawn Wooden told a House subcommittee.

Municipals continue to stay in their own lane. ICI reported $1.4 billion of inflows in the 28th consecutive week.

Citi's muni strategy group had worried that a proposed 3% surcharge in the reconciliation bill would apply to tax-exempt interest, but now feels differently.

The House is expected to approve a stopgap funding measure that suspends the debt ceiling and marks one of several partisan showdowns ahead of the looming fiscal year-end.

Data released Tuesday reflected a murky picture on the strength of the economy, but the market’s eyes were fixed on the Federal Reserve’s policy meeting in Washington, D.C.

A superior court judge has granted the relator a small victory in a long fought case of alleged false claims, fraud and collusion.