The spread of COVID-19 has disrupted many aspects of our lives including the municipal bond markets. It is clear that both regulatory and legislative intervention is needed at this time to minimize the disruption to our marketplace, enable state and local governments to dedicate resources in the areas of most dire need, and stimulate the general economy. Thank you to everyone who has conveyed suggestions along those lines.

Because of the strong interest expressed by the membership on these subjects, NABL has set up this resource area to keep you informed of ongoing projects, updates, and access to member-provided resources. 

Check back regularly for updates.

May 19, 2020: NABL Releases Issue Briefings for Congress. These briefings closely follow the April 9, 2020 letter NABL sent to Congress and Treasury. They expand on the legislative items from our letter and focus on how Congress can help mitigate the challenges state and local governments are facing as a result of the COVID-19 pandemic.  You can find the briefings here

April 16, 2020: NABL sends letter to the Federal Reserve on their Municipal Liquidity Facility.  You can find the letter here

April 9, 2020: NABL sends letter to Congress and Treasury as they continue to develop additional legislative and regulatory initiatives to provide economic stimulus and fiscal relief as a result of the economic impact of the COVID-19 pandemic. This letter is a follow up to our March 22, 2020 letter and provides a robust explanation of how certain proposals will assist in getting our nation through these uncertain times. You can find the letter here

March 25, 2020: NABL sends letter to Treasury requesting certain immediate relief. In the letter, NABL asks for the following:

  1. Clarity that, at least for a temporary period, TEFRA hearings are not required to be held in person; and
  2. Provide relief as it relates to refunding and remarketing issues.

You can find the letter here

March 22, 2020: NABL Sends Letter to Congress/Treasury on COVID-19 Economic Stimulus Package, available here.

In the letter, NABL asks Congress and the Treasury to adopt certain bond-related proposals that will allow state and local governments to access much needed capital now, at a time when support to our communities is of paramount and immediate concern.

June 4, 2020: The Senate Environment and Public Works Committee held a virtual meeting on infrastructure. Watch the webcast here.

June 3, 2020: House Democrats submit $494 billion surface transportation bill, tackling the pandemic and climate change.

  • Find the bill text here.
  • Find the bill summary here.
  • INVEST in America Section-by-Section here.

June 2, 2020: The Senate Banking Committee held a committee meeting on the implementation of the CARES Act. Watch the webcast here.

June 1, 2020: Brady introduces bill requiring states that received funds from the Coronavirus Relief Fund to certify that they plan to redistribute some to local governments. More here.  

May 26, 2020: Committee to Hold Bipartisan Virtual Roundtable on Impact of COVID-19 on Capital Markets.  A video recording of the roundtable will be made available on the Committee’s Majority and Minority websites after the roundtable’s conclusion. View a recording of the virtual roundtable here

May 15, 2020: Business Leaders Urge Congress To Send $1 Trillion In Relief Funding To States And Local Governments. Read the letter here.

May 15, 2020: House passes $3 trillion coronavirus relief package.

May 14, 2020: Senators Menendez, Tillis, Murowski, and Brown send letter to the Fed and Treasury regarding secondary purchasing facility. Read here.

May 12, 2020: House Democrats unveil $3 trillion coronavirus relief package. Find text of the bill here

May 6, 2020: Senator Kirsten Gillibrand (D-NY) introduces the Direct Support for Communities Act. Find the bill here

May 6, 2020: Senator Dan Sullivan (R-AK) introduces legislation to allow states to use Coronavirus Relief Fund payments to cover revenue shortfalls. Read the bill here.

May 6, 2020: A group of senators, including Minority Leader Chuck Schumer (D-NY), introduces the Direct Support for Communities Act. Read more about it here.

May 5, 2020: Senator John Kennedy introduces bill to give states flexibility in using coronavirus relief funds. Read the bill text here.

May 5, 2020: Senate Finance Committee members wrote to Secretary Steven Mnuchin urging the department to change its interpretation of the CARES Act preventing businesses from deducting expenses associated with Paycheck Protection Program (PPP) loans that are ultimately forgiven. Read here.

May 4, 2020: Rep. Nita Lowey (D-NY) sends Dear Colleague letter addressing federal assistance for state and local governments. Read here.

May 1, 2020: A group of lawmakers sent a letter to Secretary Mnuchin and Chairman Powell discussing COVID-19 relief for state and local governments. Read the letter here.

May 1, 2020: A bipartisan group of House members sent a letter to Congressional leadership urging them to separately invest in direct funding for smaller and rural county governments in the upcoming COVID-19 relief packages. You can find it here.

April 30, 2020: Pelosi eyes House return to Washington in two weeks. More here.

April 28, 2020: Federal bill, H.R. 6643, introduced to allow tax credits to federal, state, and local governments for required paid sick leave and required paid family and medical leave.

April 28, 2020: House reverses plan, will not return to Washington next week. More here

April 27, 2020: House & Senate to return to DC on Monday, May 4, 2020.  More here

April 25, 2020: The House Financial Services Committee sent a letter to Secretary Mnuchin and SBA Administrator Jovita Carranza. Read the letter here.

April 24, 2020: The president signs the latest coronavirus response bill into law. Text of the legislation is here

April 22, 2020: Members of Congress sent a letter to Congressional leadership discussing per capita aid payments. Read the letter here

April 21, 2020: Senate Majority Leader Mitch McConnell (R-KY) will seek to obtain unanimous consent to pass a $475 billion coronavirus response bill. 

The interim emergency aid measure would include

  • $310 billion in additional lending authority for the Paycheck Protection Program with some funds set aside to support loans issued by smaller lenders.
  • $60 billion for separate disaster loans to small businesses.
  • $75 billion for hospitals.
  • $25 billion for virus testing.

Text of the agreement can found here. Summaries of the bill can be found here and here.

Notes: This is the fourth major package to respond to the coronavirus pandemic. Congressional leaders and the administration have described this effort as an interim step as they negotiate the next package, generally referred to as phase four. According to the President, discussions will now begin on phase four which may include "...more help for states and local governments, infrastructure, “tax incentives” and a payroll tax cut."

April 21, 2020: Senator Schumer sends Dear Colleague letter on the coronavirus response agreement, available here

April 17, 2020: A group of Senators, including Senators Schumer and Warren, sent a letter to the Fed regarding population thresholds for cities and counties eligible for its Municipal Liquidity Facility. Read here.

April 17, 2020: Grassley op-ed: Coronavirus-damaged businesses deserve financial relief. Read the op-ed here.

April 16, 2020: Waters Urges Fed to Address Concerns Regarding COVID-19 Programs and Facilities Needed to Support Small Businesses and the Economy. Read the letter here.  

April 14, 2020: Scheduling Update: The House of Representatives will not return to Washington until May 4, 2020, at the earliest. More here

April 13, 2020: A bipartisan group of House representatives sent a letter to Congressional leadership to encourage them to provide unfunded mandate relief for state and local governments. You can read the letter here.

April 8, 2020: House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer release a joint statement on interim emergency coronavirus relief. You can read the press release here.

Click the image below to view the March updates.

IRS Operations During COVID-19: Mission-critical functions continue.  View more information here

June 3, 2020: Fed Announces Expansion of Number and Type of Entities Eligible to use the Municipal Liquidity Facility. More here

  • Revised FAQs can be found here
  • Revised Appendix A can be found here
  • Under the new terms, all U.S. states will be able to have at least two cities or counties eligible to directly issue notes to the MLF regardless of population. Governors of each state will also be able to designate two issuers in their jurisdictions whose revenues are generally derived from operating government activities (such as public transit, airports, toll facilities, and utilities) to be eligible to directly use the facility.

June 1, 2020: NY Fed Publishes Municipal Liquidity Facility Sample Purchase Rates as of June 1, 2020.  More here

June 1, 2020: FEMA releases operational guide for 2020 hurricane season. Read the report here.

May 29, 2020: New FAQs on the Coronavirus Relief Fund (CRF) have been posted to Treasury's website. 

  • Guidance on eligible uses of Fund disbursements by governments is available here
  • Answers to frequently asked questions supplement Treasury's Coronavirus Relief Fund ("Fund") Guidance for State, Territorial, Local, and Tribal Governments, dated April 22, 2020, ("Guidance") can be found here

May 28, 2020: The MSRB filed a proposed rule change with the SEC to temporarily waive market activity fees for municipal market transactions related to the Federal Reserve’s Municipal Liquidity Facility (MLF).

  • Read the press release here.
  • Read the notice here.

May 27, 2020: Federal Reserve Bank of NY Publishes Municipal Liquidity Facility Sample Purchase Rates.  More here

May 26, 2020: MSRB Provides Resources for Municipal Bond Investors about Potential Effects of COVID-19. The notice is intended to highlight available MSRB resources for investors and to provide information on where to find COVID-19-related disclosures from issuers.  Read the Notice here

May 22, 2020: FEMA, HHS, and CDC Release Resource Tool for Officials to Track Coronavirus Data.  You can find more information here

May 18, 2020: New York Fed Releases Application Materials for the Municipal Liquidity Facility. You can find these documents here

May 14, 2020: New York Fed Releases Notice of Interest for the Municipal Liquidity Facility. Find the press release here.

May 13, 2020: SEC Public Statement: COVID-19 Market Monitoring Group — Update and Current Effort. More here

May 11, 2020: The Federal Reserve Board published updates to the term sheet for the Municipal Liquidity Facility (MLF) to provide pricing and other information. You can find more information here and below. 

May 4, 2020: The Treasury issued guidance providing immediate relief to issuers in certain circumstances:

  • Provides temporary guidance regarding the public approval requirement under § 147(f) of the Internal Revenue Code (Code) for tax-exempt qualified private activity bonds, available here.
  • Expands the temporary rule allowing governmental issuers to purchase certain of their own tax-exempt bonds, available here.

May 4, 2020: SEC Public Statement: The Importance of Disclosure for our Municipal Markets

SEC Chair Jay Clayton and OMS Director Rebecca Olsen today released a public statement entitled,The Importance of Disclosure for our Municipal Markets.

  • This statement is directed to issuers of municipal securities as well as investors and market participants more generally and is intended to parallel the Corporate Issuer Statement.
  • You can find the full statement regarding disclosures in the municipal market in light of the uncertainties from COVID-19, here.

May 4, 2020: Coronavirus Relief Fund Frequently Asked Questions Updated as of May 4, 2020.  View the updated FAQs here


April 30, 2020: MSRB Released Trading Stats for First Quarter of 2020. Quarterly statistical summary here


  • Trading statistics for the first quarter of 2020 that reflect significant disruption in the municipal securities market during late March and early April. 

April 30, 2020: IRS Issues Revenue Procedure 2020-29 allowing taxpayers to electronically submit requests for private letter rulings and other legal advice.  More here.  

More: This revenue procedure modifies the procedures in Rev. Proc. 2020-1, 2020-1 I.R.B. 1 (Jan. 2, 2020), temporarily to allow for the electronic submission of requests for letter rulings, closing agreements, determination letters, and information letters under the jurisdiction of the Internal Revenue Service (IRS) Office of Chief Counsel, and for determination letters issued by the IRS Large Business and International Division (LB&I).

April 27, 2020: Federal Reserve Board Announces Expansion of Scope and Duration of the Municipal Liquidity Facility.  

  • Press Release, here
  • Term Sheet effective April 27, 2020, here.
  • FAQ's, effective April 27, 2020, here.
  • FAQ Appendix, here.  

April 27, 2020: MSRB Chief Market Structure Officer to Support Federal Reserve on COVID-19 Response.  More here

April 24, 2020: SEC Forms Cross-Divisional COVID-19 Market Monitoring Group.  More here

April 24, 2020: Treasury Issues Additional Guidance Regarding the Paycheck Protection Program. This guidance clarifies that some hospitals owned by governmental entities may be eligible for a loan from the PPP. You can find the guidance here

Note: The guidance includes hospitals that are partially owned by state and local governments and receive less than half of their total funds from public sources - excluding Medicaid - are eligible for a PPP loan.  

April 24, 2020: MSRB Discusses COVID-19 Response at Virtual Quarterly Board Meeting. More here

April 22, 2020: Guidance and FAQs Released - Coronavirus Relief Fund.

  • Guidance for State, Territorial, Local, and Tribal Governments can be found here.
  • Coronavirus Relief Fund Frequently Asked Questions are here.
  • Eligible entities are listed here.

The guidance and FAQs are important for eligible entities but also for jurisdictions that use the proceeds.

April 17, 2020: The President has unveiled Guidelines for Opening Up America Again. View more here.  

April 15, 2020: GASB Proposes to Postpone Effective Dates of Certain Pronouncements.  View more here

April 14, 2020: IRS Extends Deadlines for Certain Time-Sensitive Actions. Read the notice here and full list of time-sensitive actions included here

April 14, 2020: MSRB Market Commentary by Simon Wu, Chief Economist. Available here

April 13, 2020: Treasury Releases Information About the $150 billion Coronavirus Relief Fund Providing Assistance for State and Local Governments. More information follows:

April 9, 2020: Federal Reserve Accepting Comments on Municipal Liquidity Facility. View their press release regarding actions to provide up to $2.3 trillion in loans to support the economy, here. Submit comment through this portal, and for more information about the Municipal Liquidity Facility, click here.

April 9, 2020:  MSRB Provides Temporary Regulatory Relief to Market Participants Affected by COVID-19. More information here

April 9, 2020: Federal Reserve takes additional actions to provide up to $2.3 trillion in loans to support the economy. More information here

April 8, 2020: SEC Issues Public Statement: The Importance of Disclosure – For Investors, Markets and Our Fight Against COVID-19.  More information available here

April 2, 2020: MSRB Publishes Summary of State and Local Disclosures to Its EMMA System about Impact of COVID-19. For more information, click here.

Click the image below to view the March updates.

NABL members are coming together on NABL Connect, an online members-only community, to post resources related to the COVID-19 pandemic and sharing how it’s impacting the public finance industry. Current discussions include: state-issued guidance on open meetings, EMMA filings, IRS payment moratoriums, and other practice impacts on the way bond lawyers are adapting to this changing business environment. Log into NABL Connect and share your insights on these and other topics valuable to NABL members.

How to log into NABL Connect 

1.) Click here to go to
Click the "Sign In" button on the top right of the page.  Use your NABL website ( credentials to log in. After signing in, you will be redirected to NABL Connect. You must agree to the Terms of Use prior to entering the community for the first time.

2.) Go To Communities, select “My Communities” 
You will be in the General Membership Community (all members (excluding federal regulators) are included by virtue of their paid NABL membership).

3.) To add a discussion post or upload a document in the General Membership community, click on “Latest Discussion Posts" and “Latest Shared Files,” and there is a button that will allow you to contribute. 

Contact if you need assistance. 

Letters and Information from our Industry Partners:

June 2, 2020: NACo sends letter to Senate Environment and Public Works Committee on its June 4, 2020 Infrastructure hearing. Read the letter here.

June 1, 2020: National Governors Association Releases Guidance On Managing Natural Disasters During Pandemic. Read here.

NLC: What COVID-19 Means for City Finances. Find the report here.

GFOA's Fiscal First Aid Resource Center helps communities address the current financial problems associated with the pandemic. View more here

The United States Conference of Mayor's COVID-19 Fiscal Pain Tracker. View here.

NACo's Counties Matter: COVID-19 Web Page. Visit here.

NLC COVID-19 Local Action Tracker. Find it here.

GFOA Survey Respondents Project Over $23 Billion in Revenue Loss Due to Coronavirus. View the report here.

May 28, 2020: NGA sends letter to President Trump requesting an extension of Title 32 authority during pandemic. Read the letter here.

May 22, 2020: NACo publishes "Measuring COVID-19's Impact on America's County Workforce." Read it here.

May 22, 2020: NACo sends letter to Congressional leadership urging bipartisan support and cooperation for a new round of direct, flexible aid for local governments of all sizes. Read the letter here.

May 20, 2020: With Millions Of Jobs At Stake, State And Local Government Associations Call On Congress To Approve Aid. Read the statement here.

May 20, 2020: The Center on Budget and Policy Priorities publishes "Projected State Shortfalls Grow as Economic Forecasts Worsen." Read the report here.

May 19, 2020: Development Finance Agencies Urge Congress to Include Bond Provisions in Stimulus. Find the press release here and letter here.

May 18, 2020: NLC releases report showing thirty-two states withholding federal funds from local governments. Find the report here.

May 18, 2020: NLC Statement on the Bipartisan SMART Fund. Read the statement here.

May 2020: AHA publishes "Hospitals and Health Systems Face Unprecedented Financial Pressures Due to COVID-19." Read here.

May 15, 2020: AHA submits letter to Federal Reserve, Treasury, and Comptroller of the Currency requesting prompt assistance for health care providers on the front line of COVID-19 pandemic. View the letter here

May 15, 2020: NACo Analysis for Counties: The HEROES Act. View the report here.

May 14, 2020: AHA submits comments on HEROES Act. Read here.

May 14, 2020: NLC releases brief of state revenue shortfalls. Find it here.

May 14, 2020: NACWA sends letter to Congressional Leadership. See here.

May 13, 2020: Governors Call On Congress To Act On State Fiscal Relief. Read the release here.

May 12, 2020: National League of Cities Responds to HEROES Act House Proposal. View the release here.

May 11, 2020: NAST, along with other industry leaders, sends letter to Congressional leadership requesting additional federal aid for state and local governments to compensate for lost revenues. Read the letter here.

May 11, 2020: APPA sends letter to the Fed regarding the MLF. Read the letter here.

May 7, 2020: NLC Releases Myths & Truths About Providing Federal Assistance to State and Local Governments. Find the document here

May 7, 2020: AHA publishes document entitled, Hospitals and Health Systems Face Unprecedented Financial Pressures Due to COVID-19. You can find it here

May 7, 2020: BDA submitted comments to both House and Senate leadership, calling for support of the municipal market. Find the letter here

May 7, 2020: ASA submits a letter to House Ways & Means leadership. Read here.

GFOA "Balancing the Budget in Bad Times." GFOA publishes "Balancing the Budget in Bad Times," one of a two-art series covering the decision-making environment for near-term treatments, a management system, and primary near-term treatments. Read here.

May 6, 2020: NFMA sends letter to MSRB on COVID-19 disclosures. Read here.

May 1, 2020: The American Public Works Association sent a letter to the Senate Environmental and Public Works Committee expressing support for two water infrastructure bills recently introduced in the Senate. Read the letter here.

April 28, 2020: NACo publishes "NACo Brief: Coronavirus Relief Fund." Read here.

April 27, 2020: NGA and Association of State and Territorial Health Officials (ASTHO) release a Roadmap to Recovery. Read here.

April 27, 2020: BDA Op-Ed: The Fed Took a Big Step Into the Municipal Market, But it Won’t be Enough.  More here

CDFA Call to Action: CDFA asks its members to write Congress, asking for them to include bond provisions in the next stimulus bill. More here

April 22, 2020: NACo president releases statement on COVID-19 aid for state and local governments. Read here.

April 21, 2020: NGA submits letter to Congressional leadership. View the letter here.

April 18, 2020: NACo publishes a county-by-county breakdown of COVID-19 3.5 relief package. View here.

April 18, 2020: ICMA sends letter to Congressional leadership requesting flexible stimulus funds and COVID-19 relief for cities and counties. Read here.

April 17, 2020: ASCE sends letter to Congressional leadership. Available here.

April 17, 2020: Governors Renew Bipartisan Request For Fiscal Relief For States. Read here.

April 16, 2020: NAST sends letter to the Fed on Municipal Liquidity Facility. Read here.

April 16, 2020: NACUBO sends letter to IRS and Treasury requesting guidance of emergency student grant aid. Read here.

April 16, 2020: The NCSL wrote to Congress asking for $300 billion in funding, including $50 billion for transportation. Read here.

April 15, 2020: GFOA Sends letter to the Fed on Municipal Liquidity Facility. Read here

April 15, 2020: BDA submits additional comments to Fed on Municipal Liquidity Facility. Read here.

April 14, 2020: National League of Cities and U.S. Conference of Mayors release a City Budget Survey. Read it here.

April 14, 2020: BDA sends letter to New York Fed. Available here.

April 13, 2020: U.S. Conference of Mayors sends letter to Congressional leadership. Read here.

April 11, 2020: National Governors Association Outlines Need For ‘Additional And Immediate’ Fiscal Assistance To States. Find the statement by NGA Chair Governor Larry Hogan and Vice Chair Governor Andrew Cuomo here.

April 10, 2020: NAST sends second letter to Congressional leadership for inclusion in the 4th COVID-19 response package. Available here.

April 10, 2020: GFOA sends letter to Congressional leadership. Available here.

April 8, 2020: CDFA sends letter to Rep. Richard Neal, Chairman of the U.S. House Committee on Ways and Means. Available here.

April 7, 2020: COVID-19 Relief and Recovery: Guiding Principles to Secure Our Water Future is published. Read it here.

April 3, 2020: BDA Urges Fed to Provide Additional Support for the Muni Market. Letter available here

April 3, 2020: NACo sends letter to Secretary Mnuchin. Available here.

April 2, 2020: APWA sends letter to Congressional leadership. Read it here.

April 2, 2020: GFOA Debt Committee Releases Urgent Member Guidance for COVID-19 Debt Service and Disclosures. For more information, click here.

April 2, 2020: NLC sends second letter to Congressional leadership. Available here.

April 1, 2020: ASCE sends letter to President Trump and Congressional leadership. Available here.


Click the image above to view the March industry partner updates.


National Governors Association COVID-19 resources page. Find it here.

U.S. Conference of Mayors COVID-19 resources page. Find it here.

National League of Cities COVID-19 resources page. Find it here.

CDFA COVID-19 resource page. Find it here.

GFOA COVID-19 resource page. Find it here.

Lumesis COVID-19 Disclosure Filings: Lumesis is making available continuing disclosure filings, made to the MSRB’s EMMA platform, related to COVID-19. This is a free service available here.

The Bond Buyer has a Coronavirus Impact Page. Available here.  

S&P Report: What the CARES Act Means for Credit in US Public Finance.  S&P Global Ratings has published a paper on provisions in the CARES Act that impact muni credits. You can find the paper here

Urban Institute Monthly State Revenue Highlights: State Tax Revenues Plunged in April 2020 Because of COVID-19 Pandemic and Delays in Income Tax Deadlines. Find the report here.

News Articles & Other Reports: 

June 3, 2020: Fed approves expansion of state and local support program. The Associated Press, here.

June 3, 2020: House Democrats propose $494 billion surface transportation bill. The Bond Buyer (subscription required), here.

June 3, 2020: Fed Expands Municipal-Lending Facility to More Localities. The Wall Street Journal (subscription required), here.

June 3, 2020: Coronavirus Stimulus Funds Are Largely Depleted After Nine Weeks. The Wall Street Journal (subscription required), here.

June 3, 2020: Democrats offer $494 billion transport bill targeting economy, climate. Roll Call, here.

June 1, 2020: Tax Policy Center at The Urban Institute and Brookings: COVID-19 And Government Actions Caused State Tax Revenues To Plunge In April. Find the report here.

May 29, 2020: McConnell Says Next Coronavirus Aid Bill Will Be The Last.  NPR, here

May 29, 2020: ‘A prolonged depression is virtually guaranteed without significant federal aid to state and local governments’. Market Watch, here.

May 28, 2020: What Role can Infrastructure Play in the COVID-19 Recovery Effort? Novogradac, here.

May 27, 2020: Democratic unity starts to crack in coronavirus liability reform fight. The Hill, here.

May 26, 2020: A ‘Flip The Switch’ Moment For Infrastructure. Forbes, here.

May 26, 2020: McConnell: Talking about fifth coronavirus bill 'in the next month or so'. The Hill, here

May 24, 2020: Five questions about the next COVID-19 relief package. The Hill, here.

May 22, 2020: Federal bond insurance can help state and local governments recover. The Hill, here.

May 21, 2020: America’s Next Crisis Is Already Here. The Atlantic, here.

May 20, 2020: Cities Have Never Seen A Downturn Like This, And Things Will Only Get Worse. NPR, here.

May 20, 2020: GOP senators: More relief needed now. The Hill, here.

May 20, 2020: Cities and States Need Funding Help. It Won’t Come Cheap. Barron's, here.

May 19, 2020. Senators press Mnuchin, Powell over scope of coronavirus bailouts. The Hill, here.

May 19, 2020: Can The Municipal Bond Market Be A Key To Our Pandemic Recovery? Forbes, here

May 18, 2020: White House adviser says fourth stimulus package may not be necessary. The Hill, here.

May 15, 2020: House passes massive $3T coronavirus relief package. The Hill, here.

May 15, 2020: Hopes fade for coronavirus relief deal before June. The Hill, here.

May 13, 2020: Pelosi unveils $3T virus bill, warns inaction costs more. The Associated Press, here.

May 12, 2020: Pelosi unveils $3 trillion coronavirus relief plan amid squeeze from left and right. Politico, here.

May 12, 2020: House Democrats unveil $3 trillion coronavirus relief package. The Hill, here

May 12, 2020: Dems’ $3T new virus bill boosts state aid, essential workers. The Associated Press, here.

May 11, 2020: The 8 key provisions expected in Democrats' next COVID-19 bill. The Hill, here.

May 11, 2020: House punts return until Friday at the earliest. Politico, here.

May 11, 2020: McConnell brushes off Pelosi as she finalizes relief package. Politico, here.

May 10, 2020: White House considers more coronavirus aid as jobs picture worsens. Reuters, here.

May 8, 2020: Dems eye money for smaller cities, towns in next virus bill. The Associated Press, here.

May 7. 2020: Schumer, Pelosi set to unveil 'Rooseveltian' relief package. The Hill, here.

May 7, 2020: Pelosi to lay down multitrillion-dollar marker with new coronavirus package. Politico, here.

May 7, 2020: McConnell under mounting GOP pressure to boost state aid. The Hill, here.

May 7, 2020: Pelosi seeks to wrangle caucus behind next COVID bill.  The Hill, here

May 6, 2020: Senate hearing testimony of 37-year-old federal court nominee Justin Walker. CNN, here.

May 6, 2020: House hits gas, Senate pumps brakes on $2T more in relief. The Hill, here.

May 5, 2020: SEC: Investors Need Timely Information on Muni Bond Issues. Think Advisor, here.

May 4, 2020: Democrats aim to squeeze Republicans on next coronavirus relief package. Politico, here.

May 4, 2020: The 'new normal' takes shape on Capitol Hill. The Hill, here.

May 1, 2020: GOP divided over state aid during coronavirus pandemic.  The Hill, here

May 1, 2020: McConnell, McCarthy: Liability protections 'absolutely essential' for next coronavirus bill. The Hill, here.

April 30, 2020: Pelosi floats almost $1T for states in next relief package. The Hill, here.

April 29, 2020: State and local government aid plan coming from House Democrats, Neal says. Politico, here.

April 28, 2020: McConnell: Infrastructure will not be in next coronavirus relief bill. The Hill, here.

April 28, 2020: House reverses plan, will not return to Washington next week. The Hill, here

April 27, 2020: McConnell concedes aid to states and local government likely coming in future package. CNN, here.

April 27, 2020: McConnell dangles aid to states — with a catch. Politico, here.

April 27, 2020: McConnell: There will 'probably' be more state and local funding amid coronavirus pandemic. The Hill, here.

April 27, 2020: Trump asks why taxpayers should help bail out blue states. The Hill, here

April 27, 2020: House & Senate to return to DC on Monday, May 4, 2020.  The HIll, here

April 27, 2020: Five fights for Congress's fifth coronavirus bill. The Hill, here.

April 26, 2020: McConnell, Democrats feud over state aid amid coronavirus. The Hill, here.

April 24, 2020: Trump signs $484 billion coronavirus relief package. The Hill, here

April 24, 2020: Republicans sharply divided over timeline for reopening economy. The Hill, here.

April 23, 2020: Fed municipal rescue won't avert fiscal nightmare, so states eye Congress. Politico, here.

April 23, 2020: House passes $484B coronavirus relief package.  The Hill, here

April 23, 2020: 5 things to know about the latest coronavirus relief bill. The Hill, here

April 22, 2020: As 4th virus relief bill nears passage, fight looms over 5th. Associated Press, here.

April 22, 2020: Battle heats up for phase-four coronavirus relief bill. The Hill, here.

April 22, 2020: Senate passes $484B coronavirus relief package.  The Hill, here

April 21, 2020: White House, Congress reach deal to replenish small business loan program. The Hill, here

April 21, 2020: Schumer predicts Senate passage of relief bill Tuesday. The Hill, here.

April 20, 2020: Senate sets up Tuesday session to try to pass coronavirus relief deal.  The Hill, here

April 19, 2020: Congress, Trump administration close to deal on new aid package. Politico, here.

April 19, 2020: House prepares to vote on coronavirus aid package as soon as Wednesday.  The Hill, here

April 19, 2020: Treasury secretary, Democratic leaders 'hopeful' for agreement on coronavirus package.  The Hill, here

April 17, 2020: White House Unveils Guidelines for States and Counties to Begin Reopening. The Hill, here

April 17, 2020: Senate misses deadline, but talks on loans go on. The Hill, here

April 16, 2020: Senate adjourns with no deal on small business loan program. The Hill, here.

April 15, 2020: Democrats try to force McConnell's hand on coronavirus aid. The Hill, here.

April 15, 2020: Unparalleled crisis leads to unprecedented federal spending.  The Hill, here

April 14, 2020: Aides expect Schumer, Mnuchin to reach deal on coronavirus relief. The Hill, here.

April 10, 2020: New round of stimulus talks face GOP roadblock. The Hill, here.

April 9, 2020: Democrats ramp up talks with Mnuchin on next COVID-19 relief deal. The Hill, here.

April 9, 2020: Senate Democrats unveil $500 billion short-term coronavirus relief plan. The Hill, here

April 9, 2020: Federal Reserve unveils details of $2.3 trillion in programs to help support the economy. CNBC, here

April 8, 2020: Democrats support another $250 million for hospitals, governments. The Bond Buyer, here

April 8, 2020: Senate will vote to pass more small business aid Thursday, McConnell says.  CNBC, here

April 4, 2020: Pelosi eyes end of April to bring a fourth coronavirus relief bill to the floor. The Hill, here

April 3, 2020: Consensus starts to grow on 'Phase 4' coronavirus relief. Politico, here.

April 3, 2020: McConnell says there will be a fourth coronavirus bill. The Hill, here

April 2, 2020: Democrats' climate-focused infrastructure pitch already running against headwinds. Politico, here.

April 1, 2020: As the Fed steps into the municipal bond market, will it be enough? MarketWatch, here

April 1, 2020: Treasury Secretary Mnuchin says he’s having ongoing discussions about infrastructure. CNBC, here

March 31, 2020: Trump backs infrastructure bill as next phase of coronavirus relief. The Hill, here