Far West

Fitch Ratings has upgraded more than $720 million of debt issued for the San Francisco Bay Area Rapid Transit System.

Proposed legislation in the House would cut Amtrak's funding by 40% and redirect passenger-line profits to Northeast capital projects.

A Treasury Department official, a former Federal Reserve Board chair, congressional staffers and state treasurers spoke at an industry-sponsored municipal securities conference on Thursday that was closed to the press.

California cities are moving ahead on convention center expansions despite lingering questions about whether convention center expansions pay off for cities.

In its smallest cash-flow borrowing deal since 2006, California achieved a record-low interest rate on its $2.8 billion sale of revenue anticipation notes on Wednesday.

A large number of dealer firms have voluntarily reported to the Securities and Exchange Commission deals they underwrote where issuers failed to disclose noncompliance with their continuing disclosure agreements, the SEC's enforcement director said Wednesday.

The chairman of the House Appropriations Committee has introduced legislation that would continue funding government programs and services until Dec. 11, preventing a federal government shutdown before the midterm elections.

California's state controller released a monthly report this week, showing the state's revenues for the month of August came in below estimates.

The Municipal Securities Rulemaking Board has hired former BondDesk Trading LLC president John Bagley as its chief market structure officer, the MSRB announced Wednesday.

Another two petitions have been filed asking the California Supreme Court to review a recent decision to allow the High Speed Rail Authority to issue bonds for the rail project.