Far West

Oregon Gov. John Kitzhaber said the $3.4 billion Columbia River Crossing bridge project will die if Washington lawmakers try to kill light-rail from the proposal, according to reports.

Moody's Investors Service issued a report on Wednesday that examined the local governments and school districts that rely on federal employment, procurement, Medicare reimbursement and education grants that would be most affected by sequestration.

An Orange County Grand Jury published a scathing 35-page report documenting what it sees as a pattern of corruption in Orange County, Calif. and recommending county supervisors establish a blue ribbon ethics commission.

California Treasurer Bill Lockyer and conduit issuers California Statewide Communities Development Authority, and California Municipal Finance Authority, reached an agreement to implement reforms.

Senate Finance Committee chairman Sen. Max Baucus, D-Mont., will not seek reelection in 2014.

Standard & Poor's Ratings Services on Friday gave two Santa Paula, Calif. credits a stable outlook, but downgraded their long-term rating and underlying spur to A-plus from AA-minus.

Moody's Investors Service said it has placed San Francisco Community College District's A1 rating on review for possible downgrade ahead of a decision on its accreditation.

George Canellos and Andrew Ceresney have been named co-directors of the Securities and Exchange Commission's enforcement division — the first time the SEC will has had two leaders of the group.

SIFMA urged a House Ways and Means tax reform working group to leave municipal bonds alone and warned that tax credit bonds as an alternative are not an effective option.

Frank Shafroth on Friday left the Municipal Securities Rulemaking Board, where he was director of legislative affairs and intergovernmental relationships, to focus on his post at George Mason University.