Far West

California Treasurer Bill Lockyer's office said underwriters involved in "egregious" local capital appreciation bond deals will likely be cut out of state bond business in the spring unless the debt is restructured.

Nevada legislators may consider unemployment insurance revenue bonds to repay $681 million owed the federal government.

Municipal market participants are split over whether a proposal to tighten oversight of retail-order periods should specifically define types of orders that qualify as "retail."

The nearly $30 billion in economic damages caused by Hurricane Sandy will not have a detrimental effect on the creditworthiness of U.S. debt, but it is likely to have negative consequences for mid-Atlantic electric utility companies.

New York City Housing Development Corp. president Marc Jahr has been tapped as the chairman of the interim executive committee of Municipal Bonds for America, a coalition formed to stave off threats to tax exemption.

State transportation agencies are working together to develop strategies aimed at making investment in infrastructure more palatable to the public, as official fears of a rising investment gap meet public concerns about long-term debt.

A federal judge rendered a split decision in an environmental lawsuit brought against Honolulu's $5.2 billion elevated rail project, but did not order a halt to construction.

Allyson Dodd has been promoted to field operations manager of the IRS' TEB office and Vicky Tsilas will officially begin her new position at the Treasury Department as associate tax legislative counsel on Monday.

Fitch Ratings said potential trigger cuts in California could result in more school district downgrades over the next few years.

A Washington Supreme Court ruling has thrown a wrench into the use of a contingent loan agreements to support bond issues.