Commercial banking

Maryland lawmakers proposed a new tax on business-to-business transactions to close a $3 billion budget gap amid the firing of thousands of federal employees.

Daily report for March 10, 2025

The issuing entity said it has collected enough money to pay all outstanding debt service.

Glenn Hegar, the state comptroller since 2015, was chosen as the next chancellor for the Texas A&M University System by its board of regents.

Gov. Phil Murphy highlighted pensions and fiscal responsibility in his budget address. 

"March is not an overly positive month for munis, but a lot will depend on U.S. Treasuries," said Barclays strategist Mikhail Foux.

A new report identifies reforms to speed up the regulatory process and reduce costs for infrastructure projects in California.

Federal Reserve Chair Jerome Powell emphasized the need for patience amid uncertainty over the Trump administration's policies, saying there would be no immediate rate changes but that the Fed would proceed carefully.

The U.S. Department of Transportation is signaling a change in infrastructure emphasis by pressing the District of Columbia to address safety issues on the city's streets while also pushing Amtrak and WMATA to boost security and curtail fare evasion.

The case related to an attorney the firm used as a consultant in negotiations related to Puerto Rico's debt restructuring.

Bright Ikwetie is an associate member of the Institute of Chartered Accountants of Nigeria and a graduate of accountancy. He has a Google Project Management certification, and he is an IBQMI-certified Lean Project Manager. He is a financial management specialist, with an internal controls, risk management and compliance focus.

Trustees of New Jersey City University voted to approve the pursuit of a merger with Kean University, a larger fellow state university 12 miles away.

The MSRB said its board at a previously scheduled meeting Thursday authorized the filing of further amendments to Rule G-14 .

The $550 million deal from an issuer with two triple-A ratings includes about $250 million for refunding and an $85 million taxable piece.

Daily report for March 07, 2025

Federal Reserve Gov. Christopher Waller said the Founding Fathers supported independent money management and undoing it now would be a mistake.