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The measure would have prevented state and local public entities from requiring a company to implement an ESG policy to get a government contract.
June 20
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In a speech, the Federal Reserve Board governor said tighter monetary policy is not to blame for the volatility seen in the banking system this spring.
June 16
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Molloy will be leaving the banking giant for the nonprofit sector. Dan Tomson and Paul Creedon, co-heads of public finance, will be taking over his responsibilities.
June 9
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House Republicans are seizing on the debt ceiling crisis to hammer home criticisms of economic policy.
June 6
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From the battlefield to the boardroom, military veterans are making their mark in the financial services industry today. Hear their stories in this special podcast featuring Academy Securities, AmeriVet Securities, Bancroft Capital, Drexel Hamilton, Mischler Financial Group and Roberts & Ryan. Chip Barnett hosts. (45 minutes)
May 31
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The New Mexico treasurer recently sent an alert to local governments warning that some are bypassing state banking rules on public deposits.
May 26
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New York City is keeping a wary eye on Congress as it considers whether to pause a refunding deal set for next week.
May 24
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Senior Bank of America investment banker Jill Schwartz discusses her own board roles, how women can serve on nonprofit boards, and how they can drive change, in conversation with Chana Schoenberger, American Banker's Editor-in-Chief.
May 23
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Diversity, equity, and inclusion concerns are exerting more influence in public finance.
May 23
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The new law's uncertain impact on cities and states has been a hot topic at the GFOA's annual conference this week.
May 23
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When it comes to federal funds flowing to cities and states, top issues to watch are a potential claw back of stimulus aid, fresh infrastructure fund opportunities and guidance on first-of-its-kind tax credits.
May 22
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The bank-qualified cap is a muni priority that could appeal to lawmakers from less populous areas, as it impacts exclusively small issuers.
May 22
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The exemption, which has been recently enforced by the Securities and Exchange Commission for the first time, will likely force some underwriters to opt out of it for fear of enforcement.
May 22
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As GFOA's new president, she intends to work to address staffing shortages and bring GFOA members together.
May 22
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Terri Velasquez ends her term as GFOA president, reflecting on her year leading the group.
May 19 -
Walt Disney Co., embroiled in a high-profile fight with Florida Governor Ron DeSantis, is closing a luxury hotel at Walt Disney World and dropping plans to relocate 2,000 California employees to a new corporate campus it was building in the state.
May 18
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The CTA is looking for the state to boost operating funds to help solve a looming $400 million annual shortfall.
May 18
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The FOMC meets June 13-14. Join us June 15 at 2 p.m., Eastern time, as Jeffrey Cleveland, chief economist at Payden & Rygel, provides his take on the meeting statement, Federal Reserve Board Chair Jerome Powell's press conference and the latest Fed projections.
