Washington

The expected decline in coal production amid pressure for climate change action demands better bond disclosure from affected governments, a new paper argues.

The impact of defaults by non-GO bonds was negligible to nonexistent on the ratings of GO bonds issued by the same local governments.

Federal Reserve Chair Jerome Powell’s testimony before Congress this week made it seem a rate cut at the end of the month is a done deal.

Sen. John Kennedy introduced the bill in April, and is attempting to move it forward. It would overhaul MSRB board membership rules, particularly for members representing the public.

Rep. Terri Sewell, an Alabama Democrat, on Wednesday delayed filing the bill in conjunction with a Public Finance Network event with congressional staff that highlighted the benefits of these bank private placements as well as advance refunding.

The monitorship plan will extend until Sept. 13 for seven assisted living facilities he is trying to liquidate.

After President Trump's criticism, the Fed Chairman told the Senate Banking Committee a move would be based on what’s best for the economy.

State departments of transportation can't make long-term plans without some confidence in federal spending.

Markets took the Federal Reserve Board chairman's comment on increased uncertainty as a signal that a 25 basis point rate cut is coming.

Federal Reserve officials judged uncertainties and downside risks to the outlook for the U.S. economy had increased significantly when they gathered in June, strengthening the case for an interest-rate cut