Washington

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.

The U.S. Supreme Court denied Indian River County, Florida's request for a writ of certiorari, leaving Brightline's bond financing intact.

Analysts say closer to 100% of issuers should be disclosing COVID-19 impacts, when in actuality, that number is much lower.

Fed Chair Jerome Powell said the government shouldn't worry about "overdoing it."

During a Fixed Income Market Structure Advisory Committee meeting Monday, members said they anticipate volatility as issuers await word on future stimulus, vaccines for COVID-19 and try to figure out what to disclose to investors.