Washington

The disaster in Hawaii highlights the increasing importance of Congress to act on the dwindling budget of FEMA's Disaster Relief Fund.

Doty, 81, touched nearly every facet of the public finance industry over his almost fifty-year career.

A $40 billion White House supplemental funding request includes $12 billion for FEMA's disaster relief fund, but critics say it may be safer to consider the measure alone.

New data indicates residents in high tax states are not moving to cut their tax liability.

Not-for-profit community hospitals are drawing scrutiny for questionable business practices.

A bipartisan bill would amend the federal law on federal disaster assistance by adding extreme heat to the list of eligible events.

Air travel and airport bond ratings are showing strong recovery, data shows, with international passenger travel leading the surge.

"The limited scope of muni debt affected suggests a marginal impact on the muni market, if any," BofA strategists said.

The Tennessee Valley Authority has $19 billion of outstanding bonds and provides power to 10 million people.

The board has added Alexander Chilton, Michael Craft, Pamela Frederick, Wendell Gaertner, and Christopher Kendall, as well as the returning Ernesto Lanza as chief regulatory and policy officer.