Washington

The National Conference of State Legislatures said the proposal “ignores the economic realities in the states."

As an industry, we must speak persuasively with one voice and impress upon the administration and Congress that there is no substitute for the golden, reliable friends of our industry’s past.

The three-month extension for the central bank's lending programs is one of several recent steps by policymakers to stabilize the economy as the coronavirus pandemic stretches through the summer.

Two more Republican no votes will sink the nomination, if Democrats remain steadfast in their opposition.

With rates at zero lower bound, and staying there, analysts are focusing on the post-meeting statement.

The two series are $355,730,000 Power Revenue Bonds, Series EEE, and $320,175,000 Power Revenue Bonds, Series YY.

This revision represents an update of Statement 34 issued in June 1999.

The bond lawyer group's No. 1 suggestion is to loosen the rules governing state and local government borrowing for working capital.

The Puerto Rico oversight board warned that without restructuring, PREPA faces about $4.5 billion of legacy debt service obligations in the next five years.

Republican Sen. Mitt Romney of Utah said he will vote against Judy Shelton, one of two Trump administration nominees to the Federal Reserve’s Board of Governors.