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The report from the commission created to monitor the government's response to the pandemic comes as Congress begins negotiations over another round of stimulus.July 20
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Two state assembly members introduced legislation that would let the California Infrastructure and Economic Development Bank accept deposits from public entities and provide financing to small businesses and local governments.July 9
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All U.S. states will be able to have at least two cities or counties eligible to directly issue notes to the Municipal Liquidity Facility program regardless of population.June 3
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Kent Hiteshew, who was recently hired by the Fed to help with the municipal market, said the Municipal Liquidity Facility opened Monday.May 18
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The central bank expanded the reach of the program as pressure mounts on the government to support localities struggling economically because of the coronavirus pandemic.April 27
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While the banking industry has applauded regulators’ effort, community groups say the proposal needs to be reworked or it will hurt those the law was meant to help.December 15
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Under Monaco's leadership, Citi has ranked as the top investment bank to governments and governmental organizations in four out of the past five years.September 22
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Seeking to expand financial services access, tribal officials and some firms want regulators to award Community Reinvestment Act credit to any bank that funds projects in Native American communities.September 2
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Many oppose a metric-based approach, but there are ways it could actually work.July 12
Policy analystCato Institute
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The central bank gathered feedback in nearly 30 roundtable discussions about regulators' efforts to modernize the 1977 law.June 13
