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WASHINGTON — The House Transportation Committee chairman said Thursday he wants bond provisions in a bill he plans to introduce that would fund highway and transit programs for six years.
July 7 -
The Commodity Futures Trading Commission voted unanimously Thursday to approve a final rule that would significantly expand its powers to police fraud and manipulation in the swaps market.
July 7 - California
SAN FRANCISCO — Standard & Poor's changed California's outlook to stable from negative Thursday, saying the state's cash flow appears unobstructed by its newly adopted budget.
July 7 - California
SAN FRANCISCO — California Controller John Chiang's legislative push to increase oversight of local government finances in the wake of a scandal in the city of Bell has stalled in the face of political blowback.
July 7 -
WASHINGTON - JPMorgan Chase & Co. has agreed to pay $228 million to settle criminal and civil charges stemming from former employees' fraudulent bid-rigging of at least 141 municipal bond-related reinvestment contracts involving state and local issuers and conduit borrowers in at least 31 states over eight years.
July 7
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Washington Gov. Christine Gregoire announced she has formed a task force this week to develop a 10-year investing and funding plan for the state's transportation system.
July 7 - California
San Diego's redevelopment agencies face a loss of around $70 million this year and $16.5 million annually because of the budget past last week, according to local press reports.
July 7 - California
A California bill that would contribute to the disincorporation of the controversial city of Vernon in Los Angeles County advanced Wednesday.
July 7 -
Legislation that would make it harder for California municipalities to file for bankruptcy stalled in committee Wednesday.
July 7 - Alaska
Alaska officials presented a report to the Legislature on Tuesday outlining plans for a $7.5 billion, 700-mile natural gas pipeline.
July 7
