Washington

The Treasury Department will conduct a live small-value contingency cash management bill auction on April 7.

Infrastructure advocates are bearish on the near-term success of President Donald Trump's ambitious plan to "rebuild America's crumbling infrastructure," despite the administration's continuing assurances that transportation, where the backlog is greatest, is a top priority for Trump.

Jay Clayton’s nomination to be SEC chair cleared the Senate Banking Committee on Tuesday and will now move to the full Senate.

The National Collegiate Athletic Association said Tuesday that its games can return to the Tar Heel State after the recent repeal of a law seen as discriminatory to gays and transgender people.

Federal Reserve Bank of Richmond President Jeffrey Lacker resigned Tuesday saying he confirmed confidential materials in 2012, according to published reports.

The Treasury Department Tuesday auctioned $55 billion of four-week bills at a 0.760% high yield, a price of 99.940889.

A number of municipal market groups and firms asked the MSRB in comment letters to create an exemption to its CUSIP rule that would allow placement agents to generally avoid having to obtain CUSIP numbers when they are engaging in private placements, including direct purchases.

Three rate hikes appear to remain appropriate for this year, Federal Reserve Bank of Philadelphia President and CEO Patrick T. Harker repeated Monday, noting they can be spread out.

In this new edition of Muni Minute, we turn our focus to The Hill in Washington, D.C., as there will be lots of activity that should be of interest to the municipal market.

Bond lawyers have drafted several versions of issue price certificates that can be used under rules taking effect on June 7.