Washington

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.

Federal Reserve Bank of St. Louis President James Bullard said markets are wrong to assume that the central bank will cut rates again at the policy meeting in two weeks.

The Federal Open Market Committee cut the fed funds rate 50 basis points to a range between 1% and 1.25%. The decision to cut rates was unanimous.

Health care facilities have a high risk of cyberattacks compared to medium low risk for local governments and school districts, according to Moody’s

Rep. Steve Stivers, R-Ohio, is looking to attach tax-exempt advance refunding to an appropriations bill or other suitable legislation.

The Federal Open Market Committee cut the fed funds rate target 50 basis points to a range between 1% and 1.25%, it announced Tuesday.

The MSRB's annual fact book showed that trading volume dipped 14% year over year.

Policymakers may not wait until their mid-month meeting and could act with other central banks.