Washington

The Financial Accounting Foundation stirred controversy among public finance groups earlier this month when it indicated the next GASB chairman will not have government service as part of his background.

The Municipal Securities Rulemaking Board on Monday detailed plans to reduce its board size and alter its composition.

Just when everyone thought there would be little drama at this week’s Federal Open Market Committee meeting, the coronavirus has infected the broader markets. Experts still say monetary policy will be immune for now.

The Municipal Securities Rulemaking Board has received criticism for the large size of its board and its selection of public board members.

House Transportation and Infrastructure Committee Chairman Peter DeFazio plans to introduce an outline for proposed national infrastructure legislation as early as Tuesday.

While the fed funds rate target will remain at a range of 1.50% to 1.75% and there will be no new Summary of Economic Projections, the FOMC meeting may offer insight into areas that may become problematic and its thinking on the balance sheet, analysts suggest.

The Securities and Exchange Commission will discuss voluntary disclosure and buy-side perspectives among other topics in March.

George Boyan, president of Leumi Investment Services, discusses negative interest rates, recession, and what challenges the Fed faces in the coming year. Gary Siegel hosts.

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.