Washington

GFOA members said they were taken aback and in some cases upset about the tone of the National Federation of Municipal Analysts' letter to regulators.

Municipal bond industry groups have been clamoring for advance refundings to be reintroduced as well as an expansion of PABs and direct-pay bonds.

During the Great Recession, interest rates hit zero lower bound, which caused the Fed to make unprecedented moves, or quantitative easing, to spur the economy.

The White House is considering Derek Kan, an undersecretary at the Department of Transportation, for one of two open seats on the Federal Reserve Board, according to two people familiar with the matter.

The Securities and Exchange Commission is on the lookout for municipal advisors skirting the Series 50 Exam.

The amended rules require dealers to disclose markups and markdowns as a total dollar amount and as a percentage of the prevailing market price to retail investors.

The BDA believes that in addition to removing the Rule’s restriction on competitively bid transactions, it should consider simply eliminating it altogether.

Financial markets ignored surprisingly strong data and stayed focused on tariffs and developments in talks with China.

It's time for municipalities to rethink the way they're spending on water infrastructure, experts said this week.

Worse-than-expected economic data released on Wednesday may signal softer growth — and greater demand for bonds.