Far West

The Los Angeles County Metropolitan Transportation Authority has secured $1.5 billion in federal grants and loans needed to accelerate a subway line.

The Financial Industry Regulatory Authority's enforcement priorities for 2017 will include ensuring municipal advisors are properly registered with regulators, checking broker-dealers' compliance with best execution requirements, and monitoring firms' efforts to avoid unsuitable recommendations of securities.

A coalition of state, local, and infrastructure groups is pushing the California Legislature to act on transportation funding soon in 2017 after failing to reach a last-minute deal in 2016.

The release of a lengthy collection of environmental documents sets the stage for the California WaterFix Delta tunnel project to move forward and for its opponents to continue fighting it in both courtrooms and the court of public opinion.

Sen. Chuck Schumer, D-N.Y., said Tuesday in his inaugural speech as Senate Minority Leader that he hopes for more direct spending in President-elect Donald Trump's proposed $1 trillion infrastructure plan.

A coalition that opposes California high-speed rail has filed two lawsuits to try to halt the project just as the rail authority planned to seek approval to issue bonds.

Nearly three-quarters of state pension plans and more than half of local plans cut benefits and/or raised employee contributions to combat rising employer costs in the five years following the financial crisis, the Center for Retirement Research at Boston College said Tuesday.

Muni participants predict 2017 may bring the first major tax legislation in three decades, and they are pulling out all the stops to make sure the muni exemption is maintained to finance infrastructure.

While most muni market participants agree that 2017 could be the year of comprehensive tax reform, they have mixed views on whether the muni exemption is safe under the tax proposals of President-Elect Donald Trump and House Republicans.

California Gov. Jerry Brown appointed two of his closest advisors on environmental issues to the California Public Utilities Commission.