Washington

State and local governments would be able to issue tax-exempt PABs not subject to state volume caps if at least 95% or more of the net proceeds are used for green infrastructure.

GASB Statement 91 calls for conduit issuers to stop reporting conduit debt in their financial statements and to report all of it in their accompanying notes starting Dec. 15, 2020.

Judy Shelton, a conservative economist whom the Trump administration is considering for a vacancy on the Federal Reserve, said the central bank should avoid restraining growth while the U.S. is engaged in a trade war with China.

Some stakeholders say the CUSIP requirement for MAs is needed, while other say it is burdensome.

The financier's lawyers disputed a court-appointed monitor who had criticized him for maintaining an expensive lifestyle while his investors faced losses.

National Association of Bond Lawyers President Dee Wisor and President-elect Rich Moore discuss infrastructure, regulation, tax law and the group's educational efforts. Kyle Glazier hosts.

State Treasurer Joe Torsella is accusing 14 financial firms of collaborating to illegally inflate the prices of Fannie Mae- and Freddie Mac-issued bonds.

A 2.1% drop in durable goods orders shows businesses are holding off on equipment purchases as trade tensions with China increase.

Infrastructure ranked No. 2 behind only the related issue of economic development as a top priority for mayors during 153 State of the City addresses delivered this year the National League of Cities reported.

J.W. Korth & Co. was found to have charged excessive markups in 38 sales of municipal securities.