Paul Burton

The state treasurers of Connecticut and Illinois cautiously praised Wells Fargo after the scandal-ridden bank's board of directors on Dec. 1 amended its bylaws to require and independent board chairman.

In the latest capital markets hit to Connecticut, S&P Global Ratings revised its outlook on the state to negative from stable.

Youth hostel operators are pushing New York to lift restrictions on lodging regulations, saying the city is squandering up to $500 million in annual tourism and tax revenue.

New York City intends to sell $1 billion of fixed-rate general obligation bonds the week of Dec. 5.

Connecticut and Illinois state treasurers, in partnership with shareholder activists, called for a change in Wells Fargo’s corporate bylaws to ensure an independent non-executive board chair.

Municipalities are increasingly making policy through data sets, as evidenced in New York, Pittsburgh and Columbus.

As New York MTA faces another stretch of uncertainty, a faction within its board is calling for reduced fare for lower-income riders.

Gov. Charlie Baker and state Treasurer Deborah Goldberg will speak at the sixth annual Massachusetts Investor Conference Dec. 7 in Boston.

Fitch revised its outlook to negative on $123 million of Capitol Region Parking System Series 2013A senior parking revenue bonds in Harrisburg, Pa.

The New York City Municipal Water Finance Authority intends to sell $400 million of bonds on Nov. 30, after a one-day retail period.

Massachusetts voters' rejection of charter school expansion is a credit positive for the commonwealth's urban local governments, said Moody's.

New York Mayor Bill de Blasio signed legislation authorizing the creation of the Greater JFK Business Improvement District.

Mayor Bill de Blasio warned President-elect Donald Trump not to repeal the Dodd-Frank Act and promised to push back on other matters affecting New York.

Rhode Island’s retirement system joined an institutional investor group in a shareholder proposal demanding that Wells Fargo address its fake-accounts scandal, said Treasurer Seth Magaziner.

Continued biennial toll and fare increases, and further savings are essential for the finances of New York’s MTA, its chief financial officer told the board.

Connecticut's Bond Commission provided a controversial $35 million package to Greenwich hedge fund AQR Capital Management.

A revised outlook for Bridgeport, Conn., from negative to stable from Fitch Ratings reflects strong management, said a spokesman for Mayor Joseph Ganim.

The finance committee of New York's MTA approved Loeb & Loeb LLP as outside counsel relating to the Penn Station renovation project.

Pittsburgh and Rivers Casino struck a deal to keep $10 million in gaming revenue flowing to the city budget, said Mayor Bill Peduto.

Connecticut's State Bond Commission is expected to approve $30 million for microgrid projects intended for weather resiliency.