The Biden Administration has partnered with five cities and the State of California in efforts to reduce homelessness.

The staying power of these laws will depend on a number of factors, including the willingness of states to accept increased borrowing costs or whether to utilize the laws' existing exceptions to obtain a more economically advantageous deal.

The investor-driven committee created guidelines to help small- and medium-sized issuers provide more uniform disclosure.

The bill would bar the state from doing business with companies that apply ESG to investment decisions and/or "boycott" favored industries.

Attorneys general from 16 states filed an amicus brief supporting Oakland and San Francisco's climate change lawsuit against oil companies.

UBS will compensate a Texas school district, which was forced to resell bonds after the state attorney general rejected the investment bank's contract to purchase the debt.

"Our ratings reflect the progress the city has made over time on important issues like rebuilding reserves and improving the health of our pension fund," said Philadelphia Treasurer Jackie Dunn.

The Federal Reserve Board governor said adopting policies on climate change are not necessary and risk hurting the central bank's credibility.

Democrats and Republicans each said the other party's position on ESG investing carries additional costs for states.

"This recent escalation of the Disney-DeSantis fight is unnerving, but it doesn't make that fight any more consequential for the municipal market," said Justin Marlowe of the University of Chicago.