Washington

A closely watched section of the Treasury yield curve on Friday turned negative for the first time since the crisis more than a decade ago, underscoring concern about a possible economic slump and the prospect that the Federal Reserve will have to cut interest rates.

President Donald Trump expressed hope the Federal Reserve had finished raising interest rates.

Stephen Moore, a visiting fellow at the Heritage Foundation and a long-time supporter of Donald Trump, is being considered by the president for a seat on the Federal Reserve Board.

The new amendments would increase transparency and equal access to information, the MSRB said.

NABL suggested expanding private activity bonds to a new category for public roads, tunnels, and bridges.

Longtime muni lobbyist Michael Decker will now have a working relationship with Bond Dealers of America.

Republican Gov. Kay Ivey signed the Rebuild Alabama Act into law, increasing state gas taxes for the first time in 26 years.

If the IRS fails to provide a regulatory fix, two members of Congress may address the issue legislatively in bicameral affordable housing legislation that had wide bipartisan support in the last Congress.

Federal Reserve officials scaled back their projected interest-rate increases this year to zero and said they would end the drawdown of the central bank's bond holdings in September.

While associated with J.P. Morgan, a broker allegedly cheated on her Series 52 exam, violating FINRA Rule 2010.