State lawmakers passed a continuing resolution, and expect to return to Columbia in September to complete work on a budget for fiscal 2021, which begins July 1.

The request for a second municipal lending facility was made in a bipartisan letter sent to the Fed last week by four senators.

The MSRB also said more municipalities have begun referencing CARES Act loans in their disclosures.

Chicago officials, who present a budget in October, are reviewing scenarios that consider how long shutdowns remain in place and what happens afterward.

John Boyd Jr. of corporate site selection firm Boyd Co. discusses economic development scenarios, including the need for a "dramatic, New Deal-type" infrastructure bill. Paul Burton hosts.

The primary was up and running Monday with Connecticut’s $850M offering for retail while many Texas issuers were active on the heels of the Fed news that it is open for business for munis.

Kent Hiteshew, who was recently hired by the Fed to help with the municipal market, said the Municipal Liquidity Facility opened Monday.

The co-chair of the House Municipal Finance Caucus also predicted the cost of the $3 trillion HEROES Act will be negotiated downward.