Washington

President Donald Trump blasted the Federal Reserve, blaming it for the plunge in the stock market, following reports he has considered firing Fed chief Jerome Powell.

Muni market professionals would welcome a long-term transportation bill, and some believe the new year offers a window.

Trump administration officials moved to reassure financial markets that Federal Reserve Chairman Jerome Powell’s job is safe following a report said President Donald Trump has repeatedly discussed firing the central bank chief after last week’s Fed rate hike.

The SEC announced the settlement with former UBS broker Chris Rosenthal, the biggest yet from its ongoing flipping investigation.

Although the Federal Reserve projects two rate hikes in 2019, Federal Reserve Bank of New York President John Williams stressed that those are based on expectations of economic conditions and are not a commitment.

The anticipated Series 54 Test outline was released Thursday afternoon and municipal advisors can now start prepping.

Funding levels for grant programs won't be set until next year.

The Federal Open Market Committee cut its projection for next year to two rate increases from three.

Monetary policy may need to become restrictive at some point, but the Summary of Economic Projections is “not a signal” that it will, Federal Reserve Board Chair Jerome Powell said Wednesday.

A new year will mean new advertising rules and testing requirements for municipal advisors.