Washington

Federal Reserve Bank of Kansas City President Esther George said the U.S. central bank was still “far away” from achieving its goals and it was premature to start a debate on scaling back its massive bond-buying program.

State and local officials have nearly exhausted their emergency reserves, rainy day funds and reasonable credit options, the National League of Cities said.

This pandemic-related waiver from a handwritten signature extends through June 30 of this year.

ICI reports a third week of $3-plus billion of inflows. Couponing is becoming as much a factor in inquiry as credit and issuers move to lower coupons in both competitive and negotiated deals.

The appointment of Black as GASB chairman last year was a break with the tradition of having a former state auditor serve in the post.

Dealers say increased focus on systemic pennying has decreased its activity, while others aren't so sure.

Rich ratios focus buyers' eyes on a primary market that simply doesn't have enough supply to keep up with demand.

The dealer group is concerned the SEC may provide another exemption for municipal advisors to work on private placement deals.

A federal watchdog is looking into former Treasury Secretary Steven Mnuchin’s decision to roll back the U.S. Federal Reserve’s emergency lending programs at the end of 2020, an issue that has become a point of partisan tension in Congress.

The coronavirus emergency spending bill enacted by Congress in December included a provision enhancing the Low-Income Housing Tax Credit so it’s a true 4%.