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"The alternative to not getting that funding is a whole lot of layoffs—we think as much as 200,000 or more," Murphy said. Last week his administration... [Read More]
The Federal Reserve may soon be buying up debt from the Metropolitan Transit Authority. Senator Chuck Schumer acted as salesman in a Tuesday letter to... [Read More]
The New York Federal Reserve Bank on Thursday posted a schedule of fees to be paid to BLX LLC, the administrative agent for its Municipal... [Read More]
High borrowing costs will limit participation in a $500 billion U.S. Federal Reserve short-term borrowing program set up to address state and city revenue shortfalls... [Read More]
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