Far West

U.S. mayors and other municipal market participants are stepping up pressure on Congress to maintain the tax exemption on municipal bonds, after President-elect Donald Trump said he supports the tax break that they say is crucial for funding infrastructure projects.

The San Francisco Public Utilities Commission has issued $259 million of taxable water revenue bonds, certified as green bonds through the Climate Bond Initiative.

The grant from the Federal Transit Administration completes funding for $1 billion Texas rail line linking Dallas-Fort Worth International Airport with downtown stations.

Washington Gov. Jay Inslee on Wednesday released his nearly $47 billion 2017–19 budget proposal.

The board of the California Public Employees’ Retirement System could decide as soon as Dec. 20 on the best method of reducing its rate-of-return expectations

The California High-Speed Rail Authority board approved two funding plans that will clear the way for it to sell $4.7 billion in bonds.

Jason Kissane, a managing director at Assured Guaranty, won the California Society of Municipal Analysts’ 6th Amy S. Doppelt Award for Meritorious Service.

Hawaii Gov. David Ige appointed Laurel Johnston as the Department of Budget and Finance's deputy director.

Martin and Indian River counties have asked a federal judge to examine the new bond financing strategy employed by All Aboard Florida to determine the "full extent" of the proposal and its impact on their federal lawsuits.

The Securities and Exchange Commission will not bring any more settlements under its Municipalities Continuing Disclosure Cooperation initiative and will instead focus on those underwriters and issuers that did not voluntarily disclose violations under the MCDC.