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Market Intelligence:
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Keeley Webster

Senior reporter
Connect with Keeley
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  • Entrance to Ronald Reagan UCLA Medical Center
    Trends in the Regions
    Medicaid cuts will pressure California's public universities

    The comprehensive federal tax bill President Trump signed July 4 is credit negative for universities, Moody's Ratings said.

    By Keeley Webster
    July 11
  • Oregon Gov. Tina Kotek
    Transportation industry
    ODOT layoffs 'will have consequences,' governor warns

    The layoffs will mean a hit to basic services and the cancellation or delay of projects.

    By Keeley Webster
    July 9
  • EPA worker removes battery from wildfire-destroyed electric vehicle
    Wildfires
    Taking stock six months after devastating Southern California wildfires

    California local, state and federal officials blasted the Trump administration and congressional GOP for blocking supplemental recovery aid after the wildfires.

    By Keeley Webster
    July 8
  • Oregon Department of Transportation Director Kris Strickler
    Oregon
    Failure of Oregon transportation bill will bring DOT layoffs

    Oregon Department of Transportation leaders said they will begin layoffs Monday after lawmakers adjourned without passing a transportation funding bill.

    By Keeley Webster
    July 3
  • Jade Turner-Bond, who joined Orrick, Herrington & Sutcliffe, as a partner
    Career moves
    California bond attorney Jade Turner-Bond jumps to Orrick

    The addition of Turner-Bond as a partner will deepen Orrick's public finance practice's P3 expertise.

    By Keeley Webster
    July 2
  • Rendering of MLB stadium in Portland, Oregon
    Oregon
    Oregon governor signs law to bond for pro baseball stadium

    The law would allow up to $800 million in bond funding if Major League Baseball selects Portland, Oregon, for an expansion or transplant team.

    By Keeley Webster
    June 30
  • Cle Elum City Hall
    Bankruptcy
    Development dispute drives Washington city into Chapter 9 bankruptcy

    Damages awarded to the developer are several times tiny Cle Elum's $5 million general fund budget for 2025.

    By Keeley Webster
    June 27
  • Washington State Gov. Bob Ferguson
    Politics and policy
    Washington state's revenue forecast misses projections

    Washington State Gov. Bob Ferguson said he doesn't plan on calling a special session to deal with lowered revenue expectations.

    By Keeley Webster
    June 25
  • construction crews work on an Oregon highway
    Transportation industry
    Oregon Democrats' transportation bill faces stiff opposition

    Oregon's Senate president altered the make-up of the transportation committee to get the massive tax bill passed.

    By Keeley Webster
    June 23
  • Energy storage battery yard of Viejas Band of Kumeyaay Indians
    Trends in the Regions
    Future looks murky for Energy Department tribal loan program

    The tribal movement toward energy independence through renewable-powered microgrid projects has been slowed, if not stalled, by shifting political winds.

    By Keeley Webster
    June 13
  • Travis McGahey
    Trends in the Regions
    California's credit fundamentals better than its headlines, analyst says

    The upshot of the report by Payden & Rygel's Travis McGahey is that the risk of severe credit deterioration and bond defaults remains low.

    By Keeley Webster
    June 6
  • Scott Green, University of Idaho president
    Higher education bonds
    University of Idaho calls off plans to buy online university

    The deal to buy the for-profit University of Phoenix faced opposition from the state attorney general and lawmakers and rating agency questions.

    By Keeley Webster
    June 4
  • San Joaquin Hills toll road in California
    Ratings
    California toll agency debt paydowns bring rating upgrades

    The twin Transportation Corridor Agencies issuers in Orange County, California, received Fitch Ratings upgrades for fiscal prudence and bond buydowns.

    By Keeley Webster
    June 3
  • University of California President Michael Drake 
    Higher education bonds
    California universities wary of threat to China student visas

    Chinese students comprise nearly half of international students attending University of California schools.

    By Keeley Webster
    May 30
  • John Deleray of UMB
    Career moves
    UMB hires 13 as it expands California trustee footprint

    UMB hired 13 people from Wilmington Trust, and opened an Orange County office, to expand in municipal and corporate trustee, escrow and paying-agent services.

    By Keeley Webster
    May 30
  • The Houston investor conference in 2024
    City of Chicago, IL
    Investor conference and transparency practices vary by city

    When Chicago barred media from its investor conference, it told journalists the policy aligned with peer municipalities' practices. The facts are less clear.

    By Jennifer Shea, Karen Pierog, Christina Baker and Keeley Webster
    May 28
  • California Gov. Gavin Newsom in front of a podium, flanked by other politicians
    Lawsuits
    California will sue if Trump signs law repealing state's emission limits

    The bill attacks Gov. Gavin Newsom's executive order requiring state regulations phasing out the sale of new gasoline-powered cars and trucks by 2035.

    By Keeley Webster
    May 27
  • An aerial view of the John E. Skinner Delta Fish Protective Facility, located two miles upstream of the Banks Pumping Plant
    Water bonds
    Governor's plan gives Delta project a blank check, opponents claim

    California Gov. Gavin Newsom's proposal to speed plans for a second tunnel for the state's water conveyance system is facing stiff opposition from the Delta Caucus.

    By Keeley Webster
    May 21
  • boat accessing port of Los Angeles
    Tariffs
    Economic boost from trade war pause likely temporary, S&P says

    The macroeconomic boost from U.S.-China's 90-day pause on tariffs is partial and could prove temporary, S&P Global Ratings analysts said.

    By Keeley Webster
    May 19
  • Oregon Gov. Tina Kotek
    State budgets
    Oregon revenue outlook takes a dive amid economic headwinds

    Lawmakers have $755 million less to spend and only six more weeks to work on the two-year budget.

    By Keeley Webster
    May 16
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