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The Amtrak-Texas Central proposal to build high-speed rail between Dallas and Houston would take land "from American citizens and put it under the control of a Japanese company," a pair of Texas Republican representatives told the FRA.
September 29 -
"The major question is whether a shutdown is going to result in a ratings impact in the municipal market, and the answer here is no," said Jennifer Johnston, director of research for Franklin Templeton's fixed income-municipal bond team.
September 28 -
Final state approval of the debt was conditioned on the resolution of a petition to the Oklahoma Supreme Court to revisit its Aug. 1 validation of the debt.
September 27 -
Data for the second quarter show the face amount of munis outstanding rose 0.4% quarter-over-quarter, or $15.5 billion, to $4.043 trillion.
September 26 -
The rating agency removed the negative outlook it had assigned after the community college district's accreditation was threatened.
September 25 -
With class certification now in hand, the cities that brought the lawsuit have two weeks to outline how other municipalities will be provided notice of the chance to join.
September 25 -
The long-time high-yield muni manager left Nuveen in April when the firm settled a contentious lawsuit with Preston Hollow.
September 22 -
The MAMBA Act would modernize IRS rules affecting private activity bonds.
September 22 -
Bond trustee UMB Bank informed owners of the defaulted debt they may have actionable claims related to the bonds' sale.
September 22 -
The private equity firms accused the bank of concealing key changes to a credit agreement, in part because it wanted to win future muni bond business from Brightline Holdings.
September 21