Washington

The majority of the spending was $21.36 million devoted to lobbying members of Congress and federal agencies over the 12 months that ended June 30.

A painful reality of the current environment is that headcount is a target for cost reduction despite that demands have never been greater — compliance, client demands and the need to access and leverage data and information to avoid a competitive disadvantage.

As of Sept. 15, at least 49 states, transportation authorities and local governments have publicly projected declining revenues.

Groups say they're frustrated by the federal governments' inaction.

Chris Brigati, managing director and head of municipal trading at Advisors Asset Management, talks with Chip Barnett about what investors can expect in the fourth quarter. He looks at interest rates, the economy and the presidential election and what’s in store in a post-pandemic world. (21 minutes)

Federal Reserve Bank of Richmond President Thomas Barkin said a rebound in U.S. coronavirus cases to about 50,000 a day has added uncertainty to the outlook and may discourage businesses from hiring or investing.

The board will discuss a long-term strategic plan for the MSRB and the regulatory framework of electronic trading platforms.

Although progress has been made, a full economic rebound from the COVID-19 pandemic won't come soon, Federal Reserve Vice Chair Richard Clarida said.

Current SEC Chair Jay Clayton will likely not be reappointed as both President Trump and Joe Biden are likely to pick chairs more aligned with their political parties.

New Jersey and Nevada were the only states to exhaust their reserves in the early months of the COVID-19 pandemic.