Minnesota

The Democratic states sued a day after schools were required to certify the elimination of DEI programs or risk losing federal funding.

The Boston-based Nixon Peabody added seasoned municipal finance expert Michael Melzer as a partner, while Barclays lost three professionals.

Another big deal from a major borrower is moving forward after Rochester's City Council last week approved a conduit bond sale for the Mayo Clinic.

Rhonda Skoby and Rachel Lochner joined the Minneapolis public finance practice of Taft, Stettinier and Hollister as partner and associate, respectively.

Charter schools drove the worst January ever for impairments since Municipal Market Analytics began tracking default trends, the firm said in a Feb. 5 report.

Kutak Rock LLP has doubled its public finance footprint in Minnesota with the addition of four new public finance attorneys to its Minneapolis team.

Bond proposals are included in recent budget proposals from the Minnesota and North Dakota governors, as the region's 2026 spending plans begin to take shape.

The deal will refinance some debt and take out new debt to fund an electronic records transition, renovate spaces and buy equipment.

Multiple carbon capture projects are advancing across the Midwest, but the Trump administration may change the calculus around CCS and net zero goals.

Moody's upgraded Minneapolis to Aaa. The outlook is stable, reflecting an expectation that a strong financial profile will help absorb cost pressures.