Far West

California Treasurer John Chiang's hailed the state's "robust" economic recovery in a Los Angeles speech.

New York City public advocate Letitia James has filed a friend of the court brief in support of the Securities and Exchange Commission's pay-to-play restriction on investment advisers, which is under attack in a lawsuit filed by two state Republican parties last year.

Legislation that would allow government-owned corporations in Puerto Rico to reorganize through Chapter 9 may face an uphill battle after drawing a lukewarm reception from Republicans on a House panel Thursday.

California Treasurer John Chiang called Fitch's upgrade of California's credit rating a validation, but also a caution to maintain fiscal discipline.

Municipal bond sales in the Far West were down slightly in 2014 as new money issuance slowed down across much of the region.

California plans to price $1.9 billion of general obligation bonds next week, bolstered by upbeat rating reports including a Fitch Ratings upgrade.

Stockton's official bankruptcy exit set for Wednesday may be anticlimactic to some as a bankruptcy judge approved the city's plan of adjustment needed to exit in October.

Almost 300 House Democrats and Republicans joined in a letter pushing for passage of a long-term highway bill by May 31.

The SEC concluded without charges an investigation it launched into Bell, Calif.'s bond debt in 2010 after fraud perpetuated on the city by the former administration came to light.

The Securities and Exchange Commission is still seeking a leader for its Office of Municipal Securities, and is keeping its search open until next month.