Washington

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.

Although short-term volatility is certain, experts consider whether the long-term outlook would change depending on the winners.

Missing minimum denomination and interest rate information for VRDOs affected about 57 CUSIPs, FINRA found.

Advance refunding, direct-pay bonds, and increased limits on bank-qualified bonds would be among the muni-friendly tax provisions that have a good chance of becoming law if Democrats control both chambers of Congress.

The maximum allowable issuance under the SEC's temporary exemption is $20 million.

Recovery will be more difficult because rates were low before the pandemic, Federal Reserve Bank of Boston President Eric Rosengren said.

Although uneven in nature, the recovery from the COVID-19 pandemic has been "faster than expected," with growing business investment, according to FOMC participants.

Trump promised passage of a stimulus package after his presumed re-election, but later offered to sign separate pieces of the larger package that the White House walked away from.

The American Securities Association's new member program will increase its membership to 71 members from 21.