Keeley Webster

It affirmed the California city's Aaa issuer rating, but cited the drag on revenues from tepid tourism numbers and liabilities from child sexual abuse claims.

If Gov. Gavin Newsom signs the two bills, it would be credit positive for San Francisco area transit, Moody's Ratings analysts said.

A bill to provide state credit support for housing finance and another to create an infrastructure bank were placed in the legislature's suspense file.

Troy Pitman has been hired by Wilmington Trust to further western expansion in the public finance segment of its corporate trust business.

The city faces hundreds of child sex abuse claims stemming from a former after-school program volunteer. A recent state law opened the window for old claims.

Andrew Nakahata will replace Scott Wu as executive director and CEO less than a year after joining the organization.

Lawmakers passed California Gov. Gavin Newsom's expansive energy package, including a bill to extend the state's cap-and-invest program.

California's governor and legislative leaders agreed to extend the state's cap-and-trade program and dedicate one-fourth of the funding to high-speed rail.

The appelate ruling in favor of the San Juan Unified School District helps clarify what districts can finance under the state laws governing bond elections.

California lawmakers, who announced a deal with Gov. Gavin Newsom in June, say his administration failed to agree on loan terms ahead this week's deadline.

Nevada's audited 2023 financials were released more than two years after the fiscal year ended. The state controller says structural changes will reduce delays.

BondLink's client issuers reached over $500 billion in bond sales while working with the municipal bond platform.

Legacy Health, an eight-hospital Portland, Ore.-based healthcare system, that abandoned merger plans in May received a downgrade and negative outlook from Moody's Ratings.

The GOP reconciliation bill will cut $888 million in revenue from Oregon, state economists said, because its state tax laws conform with federal law changes.

Nevada is the latest public entity to be hit by a cyberattack, with officials struggling to restore services.

"I have been very fortunate to contribute to a fascinating sector of the financial industry that is full of ambiguous issues and data," said Tom Doe. "I am flattered to be included in the Hall of Fame, it is a wonderful capstone to my career."

The state authority building the passenger rail project says it has a clear path to "achieving commercial success at the earliest stage."

"The careers of most financial advisors are transactional. They make money on bond deals. The more they do, the more money they can make," James Martling said. "But we got into long-term counseling for clients on long-term infrastructure projects." 

San Francisco Bay Area Rapid Transit has struggled to regain ridership after the pandemic.

The ultimately unrealized threat to the municipal bond tax-exemption and infrastructure needs were among the drivers of bond sales.