Chicago’s net pension liabilities rose to $31.8 billion in 2019 from $30.1 billion.
Fed Chair Jerome Powell told House Financial Services Committee Chairwoman Maxine Waters that the Fed was looking at ways to adjust the Municipal Liquidity Facility to make some additional issuers eligible.
The local government's inertia and PROMESA's unwieldy structure, along with natural disasters and a global pandemic, have impeded Puerto Rico's recovery.
New York City's dynamics include closing an estimated $9 billion revenue gap due to COVID-19 and the volatile matter of police funding.
The municipal market saw a $40 billion-plus month for the second time this year, as issuers flooded the market with bond sales during the month of June.
Federal Reserve Chair Jerome Powell stressed the importance of keeping the coronavirus contagion contained as the U.S. economy bounces back from its deepest contraction in decades.
A steadier market gave Wisconsin the opportunity to move last week on a long-stalled refunding that notably offered a forward delivery piece.
Citing market turmoil from the pandemic, a California conduit issuer gave the Virgin Trains USA project a five-month extension to sell $3.25 billion of debt.
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Fed Chair Jerome Powell told House Financial Services Committee Chairwoman Maxine Waters that the Fed was looking at ways to adjust the Municipal Liquidity Facility to make some additional issuers eligible.
June 30
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The local government's inertia and PROMESA's unwieldy structure, along with natural disasters and a global pandemic, have impeded Puerto Rico's recovery.
June 30
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New York City's dynamics include closing an estimated $9 billion revenue gap due to COVID-19 and the volatile matter of police funding.
June 30
-
The municipal market saw a $40 billion-plus month for the second time this year, as issuers flooded the market with bond sales during the month of June.
June 30
-
Federal Reserve Chair Jerome Powell stressed the importance of keeping the coronavirus contagion contained as the U.S. economy bounces back from its deepest contraction in decades.
June 29
-
A steadier market gave Wisconsin the opportunity to move last week on a long-stalled refunding that notably offered a forward delivery piece.
June 29
-
Citing market turmoil from the pandemic, a California conduit issuer gave the Virgin Trains USA project a five-month extension to sell $3.25 billion of debt.
June 29
