Thursday's story about Ambac Financial Group and its bond insurer Ambac Assurance Corp. included an incorrect reference. Ambac will continue to underwrite student loan securitizations in cases where the issuer is a state agency or a single-state nonprofit organization.
By hiring Silvia Shin, Ballard Spahr became Delaware's appointed bond counsel.
"We are entering a period during the summer months in which demand historically outweighs very limited supply, resulting in a supportive performance environment but more limited investment opportunities," said J. Robert Lind of Lind Capital Partners.
Chicago had a $161 million deficit in fiscal year 2024, according to the annual comprehensive financial report the city released on Monday.
The megabill now heads to the House, where Speaker Mike Johnson said a vote could come as soon as Wednesday.
Reduced ridership, political backlash, and zero-fare agencies are challenging transit system finances.
"I think your first question to them should be 'Are you from the future?,'" the deputy director of the SEC's Office of Municipal Securities said.
