Washington

The new bill to replenish the Paycheck Protection Program clarifies that hospitals created as political subdivisions are eligible.

A disclosure filed with the MSRB said two rehabilitation and nursing facilities in Massachusetts were unable to make a scheduled payment due to the coronavirus pandemic.

Florida’s attorneys cite flaws and errors in a special master’s report to support overturning its conclusions.

The $500 billion SMART Fund would be divided equally into thirds based on population, COVID-19 cases and state revenue losses.

Bexar County Commissioner Justin Rodriguez will join Dallas Mayor Eric Johnson on Locke Lord's Texas public finance team.

Phil Murphy is developing an emergency borrowing plan to combat revenue loss amid the coronavirus pandemic.

In a letter sent to the Fed Thursday night, House Financial Services Committee Chairwoman Maxine Waters said she wanted more issuers to participate in the Fed program.

The MSRB's proposal to implement a more strict standard for public board members would impede the recruitment of qualified candidates, ICI said.

A complete disconnect between liquidity providers and seekers exposed the market’s inefficiencies: an asset class dominated by a limited investor base—retail investors—has grown increasingly concentrated.

BDA and GFOA want the Fed to make its Municipal Liquidity Facility more accessible.