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To borrow an additional $70 billion, Mamdani would need state approval, said Howard Cure, director of municipal bond research at Evercore Wealth Management.

The $247.75 million of unrated tax-exempt bonds will finance public infrastructure and projects for an initial development on state-owned land.

So far, the financial market reaction has been limited, said Paul Christopher, head of global investment strategy at Wells Fargo Investment Institute.

Oregon's Senate president altered the make-up of the transportation committee to get the massive tax bill passed.

"The market itself should want to look at this because no one wants to give the perception of impropriety," said an investor of Stefanik's allegation that Harvard withheld material information regarding its ongoing conflict with the Trump administration.

A federal judge has issued a temporary injunction against the U.S. Department of Transportation's attempt to withhold federal funds from states judged to be in noncompliance with the Trump administration's immigration policies.

"We have to navigate policy not only depending on how the environment evolves, but also with keeping those two objectives in mind," Daly said.

The deal could hasten buy-side adoption of the tech, said Spline's CEO

The bonds will help fund the agency's capital improvement plan.

The archdiocese allegedly backed away from repeated promises bond parties would be paid in full, they said.