Washington

The report found that the White House Office of Management and Budget played a key role in prodding HUD to add additional requirements for Puerto Rico to access the disaster aid.

More and more investors are becoming interested in social impact bonds, though historically Black colleges and universities are paying higher underwriting fees.

President Joe Biden, who has an opportunity to reshape the leadership of the Federal Reserve over the next 10 months, is being urged by activists to make potentially significant changes at the U.S. central bank.

The broker exercised discretion in seven customer accounts despite Morgan Stanley no longer allowing discretionary trading.

The MSRB will retire 15 pieces of guidance, though those will still be available online for historical purposes.

There’s not much difference in the criteria S&P Global uses to rate general obligation debt issued by cities and GO debt issued by states.

The board had planned to abolish the requirement that MAs advising on competitive deals apply for CUSIP numbers, but has now decided to keep the rule as is.

The bonds would include a subsidy rate of 28% and would be exempt from sequestration.

The new director will be familiar with pay-to-play enforcement and public accounting fraud, which are important in the muni space.

Though Republicans and Democrats are far apart on the price tag, there is agreement on the need to invest in physical infrastructure and the need to pay for it.