Tennessee Governor-elect Bill Haslam has selected Mark Emkes as commissioner of the Department of Finance and Administration, which oversees the state budget and health care program.
Emkes, 57, is the former chief executive officer and president of Bridgestone Americas, where he spent 33 years. He retired from Bridgestone in February. Haslam, a Republican, will be inaugurated on Jan. 15.
A combination of a "stronger-than-expected economy, higher Treasury rates, robust supply, and rich valuations resulting in choppy markets" have made the trading environment in H124 "quite difficult," according to Barclays.
Two rating agencies upgraded Los Angeles Unified School District's bond ahead of multi-billion dollar refunding.
The Basel III Endgame proposal to restructure capital holding levels comes under fire.
Friday price talk for the unrated tax-exempt paper was between 11% and 15%.
The board approved that step at its second quarter board meeting held this week.
The Inflation Reduction Act, affordable housing and clean energy were among the topics discussed at Baker Tilly's DevelUP conference in Chicago this week.
