Far West

The House Ways and Means Committee’s select revenue measures panel will hold a hearing Thursday on proposals to create an infrastructure bank.

WASHINGTON — Citing market turbulence, the Metropolitan Washington Airports Authority said late Friday it would delay its second deal to finance construction of a Metrorail extension that will ultimately link downtown Washington, D.C., with Washington Dulles International Airport.

The Internal Revenue Service has found that the vast majority of colleges and universities have endowment funds invested in a wide range of securities.

SANTA ANA PUEBLO, N.M. — The National Federation of Municipal Analysts presented awards to the Municipal Securities Rulemaking Board and five individuals last week, including Wisconsin state capital finance director Frank Hoadley and B.C. Ziegler & Co. director of research Ed Merrigan, during its annual conference here.

ALAMEDA, Calif. — Seeing an environment favorable to smaller firms, San Francisco-based Nollenberger Capital Partners Inc. last week announced the hiring of two California municipal market veterans in what the firm described as a “re-launch” of its public finance unit.

WASHINGTON — Last month, the Oklahoma fire marshal’s office cut staff again, dropping its headcount to 27 workers from 34 at full capacity four years ago, as another round of spending cuts was imposed.

WASHINGTON — The Financial Industry Regulatory Authority is preparing to take enforcement action against certain firms for selling municipal bonds to retail customers without disclosing material information, including that the bonds’ credit ratings had been spiraling downward, a FINRA official said Thursday.

ALAMEDA, Calif. — California’s plans for a bond-financed high-speed passenger train system are in critics’ crosshairs following the release last week of a critical report by the state ­auditor.

ALAMEDA, Calif. — California Treasurer Bill Lockyer has sent another round of questions to six large investment banks about their involvement in credit default swaps linked to California bonds.

SANTA ANA PUEBLO, N.M. — Even as the major municipal market groups have pledged to work to improve continuing-disclosure practices, voluntary improvements to their timeliness and quality remains elusive after years of debate, some analysts say.