Washington

Los Angeles Mayor Eric Garcetti said he "would like to see at least a couple of hundred billion dollars of new federal bonds."

The Securities and Exchange Commission wll work with the market to change secondary disclosure habits without a mandate, issuers and analysts said.

If Judy Shelton, who advocates for lower rates, wins confirmation to the Federal Reserve Board of Governors, President Trump may have his choice to replace Chairman Jerome Powell.

Its top goal is to increase to $30 million the size of bank-qualified tax-exempt bond issues that can be sold to banks under favorable terms.

While the general feeling is the Federal Reserve will keep rates steady this year, not everyone is on board with that view.

Only $14.9 billion has been disbursed out of the $48.35 billion allocated by Congress since Hurricane Maria.

Sources say Hopper has considerable experience with municipal securities in her many years at the Financial Industry Regulatory Authority.

Nicole Byrd, a senior investment professional at Nationwide Mutual Insurance, will be the National Federation of Municipal Analysts chair for the next year.

Waller is more likely to be confirmed, but it is "almost impossible" to find a public figure supportive of Shelton's nomination, let alone her confirmation.

The proceeds of the bonds were used for the construction of a 232,100 square foot residential facility with 108 living units located on the main campus of an existing facility in Dallas known as The Overlook.