Commercial banking

California Gov. Gavin Newsom released an enforcement model in conjunction with $3.3 billion in grant funding from a bond measure.

Kamron Clifford has extensive experience in product management and leadership roles in the technology and mapping industries. Kamron is currently the Director of Product, Platform & Mobility Intelligence at Arity, where they lead a team in the development of a data ingestion and processing platform. Prior to that, Kamron worked at TomTom, where they held various positions including Director of Product Management and Senior Product Manager. Kamron has also worked at Tele Atlas, San Diego City Schools, University of Southern California, Environmental Careers Organization, Metropolitan Water District of Southern California, and Public Radio International. Kamron's experience spans across roles in product management, training, teaching, research, and communications.

Federal Reserve Gov. Adriana Kugler said in a speech in Dublin that trade barriers could soon affect prices and slow down growth while increasing uncertainty in 2025.

In April, WisdomTree launched two new exchange-traded funds, Nuveen debuted a high-income separately-managed account product and more.

Chicago released a request for qualifications for underwriting services on April 30, seeking to form new pools from which to choose firms to handle their bond sales.

The Ways and Means Committee is expected to release the full text, including revenue raisers, ahead of a Tuesday hearing.

The DASNY program allows the schools to "align their borrowing costs with the aid that they receive from the state," said CEO Robert J. Rodriguez. 

Daily report for May 12, 2025

"In our view, the worst for munis is behind us, at least for now; tax-exempts might continue to outperform, but only to a degree as technicals will remain somewhat challenging," Barclays strategists said.

"I'm worried about rates," muni market strategist Vikram Rai said during a webinar Thursday.

Simon Randall is the CEO and co-founder of Pimloc, an AI company changing how global organizations can responsibly manage video content while maintaining public trust. Before Pimloc, he led the OMG Life team to develop and launch the world's first intelligent wearable camera and its associated technology platform licensing, before spinning out the visual classification side of the business to create Pimloc in 2017. He previously worked for a range of global businesses in London, Sydney and Istanbul, bringing with him a wealth of consumer tech experience including 12 successful years at Nokia across go-to-market, marketing, business strategy, insight and planning, global online sales, global performance marketing and product development areas. Prior to Nokia, he worked in a range of creative hot-houses and strategic consultancies across the beverages, banking and tech sectors.

The Chicago City Council passed Mayor Brandon Johnson's green affordable housing plan, to be seeded with $135 million from 2024's $1.25 billion bond ordinance.

Public power energy providers are moving forward with using elective pay to boost investment in nuclear energy while electrifying small town and rural areas.

The state's legislative analyst's office expects revenues for the fiscal 2025-26 budget year to be $7.8 billion lower than estimated in January.

The municipal bond market may soon get its first glimpse of hotly anticipated tax legislation.

Veteran muni banker Debra Saunders is working to help tribal governments access government financing and debt markets for energy projects.