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While the FAFAA backed the board's discovery timeline, bondholders argue the board is trying to "run out the clock."

The San Francisco Bay Area Rapid Transit District relied on fare revenue before the pandemic. Ridership has lagged since COVID, and so have revenues.

The White House is narrowing its search for a nominee to become the next Federal Reserve vice chair, intending to swiftly replace Lael Brainard, who became President Joe Biden's top economic adviser this week.

"Many asset managers are using too many systems to do one job," said Justin Land, CEO of AG Analytics.

It says the plan of adjustment can treat bonds of National Public Finance Guarantee differently and let National vote in a different class.

Inflows continued with the Investment Company Institute reporting investors added $931 million to mutual funds in the week ending Feb. 15, after $2.194 billion of inflows the previous week.

The public finance industry veteran brings his experience to the minority owned investment banking and advisory firm.

The state's public pension system initially warned of a $6.7 billion 10-year impact of the required changes that could drive up employer pension costs but an amended version eliminated most of the negative impact clearing the path to advance the bill.

The ruling striking down Rhode Island's tolling program constrains states' efforts to solve complex infrastructure problems, the state says.

Southeast states are generous with incentives for electric vehicle factories; less so for people and businesses who operate EVs.