Washington

When the Federal Reserve began expanding its balance sheet with quantitative easing, it was seen as an emergency measure. Yet a decade later, the Fed is again in jeopardy of hitting zero lower bound and its balance sheet remains large.

Richard Li, a pubic debt specialist for the city of Milwaukee, compared disclosing COVID-19 to disclosing a hurricane hitting localities on the Atlantic coast.

The markets continue to sink on virus fears, as even a 50 basis point rate cut by the Federal Reserve last week didn’t turn the markets around. The Fed meets again next week and many see more easing, but will those efforts prevent recession?

But EMMA will ultimately have to drill into disclosures to provide full transparency

Strong data and reassuring words from a Fed official couldn’t stop market virus fears from spreading.

The National Association of Bond Lawyers wants Treasury to fill the position formerly held by John Cross III.

Marc Odo, client portfolio manager at Swan Global Investments, discusses the Federal Reserve’s emergency rate cut, why more easing may not help, the rocky road ahead, and why consumer confidence will be the key indicator to watch. Gary Siegel hosts.

The current IRS fee charged to most governmental entities for private letter rulings is $30,000.

Sources say action on the SEC's proposed exemptive order has slowed, though it could garner attention at next week's conference.

Neither the House nor the Senate has publicly said how infrastructure legislation will be paid for.