Washington

The university plans to price $118 million of new money and refunding bonds this week, and to close the refunding deal in September.

Lombard Securities and McDonald Partners agreed to pay fines after FINRA examiners found various violations of MSRB rules, including supervisory failures and trade reporting deficiencies.

The justices and attorneys both sides in a case involving South Dakota all appeared to prefer action by Congress to regulate this area of interstate commerce that has been forced on the high court by legislative gridlock.

John Williams, who takes the helm of the powerful Federal Reserve Bank of New York in June, played down risks the yield curve would become inverted as the U.S. central bank gradually raises interest rates.

Vicky Tsilas, who most recently headed branch 5 in the IRS chief counsel’s office for more than a year and a half, was involved in numerous rulemakings and guidance for municipal bonds.

Muni market groups told the MSRB that its latest FAQs about municipal advisors need to more clearly integrate existing guidance from both the board and the SEC to avoid creating confusion.

A high court ruling on online sales taxes that favors the states “could gradually improve long-term revenue growth prospects,” Fitch said.

U.S. President Donald Trump announced his intention to nominate Richard Clarida, a respected economist and Pacific Investment Management Co. global strategic adviser, as vice chairman of the Federal Reserve.

Federal Reserve Bank of New York President William Dudley said the central bank will stay on its gradual path of raising interest rates unless inflation moves up by “an appreciable margin.”

Muni issuance will pick up next year, said George Friedlander, managing partner of Court Street Research Group.