Yesterday's lead story mistakenly reported that the California Legislature had passed a bill that allowed the state to borrow $1 billion of local gas tax revenues. The measure failed.
The house debated for 26 hours straight before approving the millionaires tax.
Ajay Pathak and Bill Reisner will co-lead a differentiated healthcare practice in Stifel's public finance group.
State authorization for $1.35 billion of taxable ratepayer-backed bonds sold in 2022 for Oklahoma Natural Gas Company is being contested in court.
The HOME deal is being priced through the Philadelphia Redevelopment Authority, but carries ratings on par with the city's issuer ratings.
A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
"We're still seeing continued yield pressure out there from the market outlook investors have with the conflict in Iran," said Ajay Thomas, head of public finance at FHN Financial.