News and Information from Bond Buyer

The San Antonio-based Frost Bank public finance team will expand into the Houston area with the hiring of former BOSC Inc. managing director Ryan O'Hara.

The New York City Transitional Finance Authority intends to sell $750 million of building aid revenue bonds through negotiation on Jan. 14.

Proposed changes in how Moody's Investors Service rates $6.5 billion in tax allocation bonds in California could mean upgrades for many Golden State redevelopment credits.

Congress needs to preserve the tax exemption of municipal bonds if it's serious about supporting infrastructure, National Governors Association vice president and Utah Gov. Gary Herbert said.

MBTA completes its funding for a $2.3 billion light rail project in Boston with a $996 million federal grant.

The White House is poised to nominate community banker and academic Allan Landon to one of the two vacancies on the Federal Reserve Board, according to sources.

The Financial Industry Regulatory Authority's exam priorities for 2015 include making sure that both municipal advisors are complying with registration and other requirements and broker-dealers are meeting minimum denomination restrictions on bonds.

Standard & Poor's Ratings Services said it raised its rating one notch to AA from AA-minus on Longview, Texas' waterworks and sewer system revenue bonds.

Boston is suing the Massachusetts Gaming Commission over its award of a license to Wynn Resorts for a gaming resort in nearby Everett.

Long Island's Nassau County has been honored for its financial reporting practices by the Government Finance Officers Association (GFOA).

Gina Raimondo, who took office as Rhode Island's 75th governor and first female at that position, called for the state to revive its sagging economy and change perceptions.

Illinois and Gov.-elect Bruce Rauner face a sea of red ink because shrinking income tax revenue will fail to keep pace with rising pension and health insurance costs, according to outgoing Gov. Pat Quinn's latest three-year budget forecast.

The last remaining stand-alone non-profit hospital in southeast Michigan has signed a letter of intent to merge with the largest non profit health care system in the country.

Amalgamated Bank completed a $13 million TAN for Scranton, Pa., which is looking to further its reputation in the capital markets.

In the second year of Puerto Rico Gov. Alejandro García Padilla's administration, there was plenty of news from the commonwealth for municipal bond investors to digest.

The municipal bond market welcomed the first of the week's new supply as Miami-Dade County, Fla., sold three separate general obligation bond deals totaling $398.745 million.

Public finance attorney Randy Hanna returned to practice at Bryant Miller Olive in January after serving as chancellor of the Florida College System.

Two years into Puerto Rico Gov. Alejandro García Padilla's tenure, municipal bond market analysts are generally negative about his second year and concerned about the commonwealth's future.

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.010% high yield, a price of 99.999222.

The Treasury Department Tuesday auctioned $25 billion of 364-day bills at a 0.250% high yield, a price of 99.747222.