Investments

Charlie Giffin, Public Finance Head, and Jamison Feheley, Head of Public Finance Investment Banking, at J.P. Morgan Securities, talk shop on risks and opportunities in the public finance industry with Bond Buyer Executive Editor Lynne Funk.

New MSRB Rule G-46 on the duties of solicitor municipal advisors goes into effect on March 1

"In Kentucky, we're working hard to ensure our place as a leader in economic development, and this growth in exports shows our efforts are succeeding," said Gov. Andy Beshear.

"When you add everything in this document up, it demonstrates you can make smart investments when you budget wisely, trust the market rather than try to dictate it, and empower your citizens more than you empower the government," said Georgia Gov. Brian Kemp.

A power struggle over the governance of the Oklahoma Turnpike Authority and a Houston mayor ending a legal dispute with firefighters that could improve the city's Fitch rating are among the legal stories bond market professionals are watching.

Washington state lawmakers approved a $14.6 billion two-year transportation budget, a $1 billion increase.

High rates and high inflation, coupled with rich reserves, pushed off or delayed issuers coming to market in 2023, noted James Pruskowski, chief investment officer at 16Rock Asset Management.

Municipals look poised to close out February a touch in the black following a more constructive tone Thursday after being in a 'holding pattern' for much of the past two weeks.

Analysts say states can avoid short-term issues as a result of strong reserves but some may face challenges over the longer term.

Escalating costs led University of Utah Health to seek a doubling of its bonding authority from the state legislature for a medical campus project.

Spaceports should have the same access to tax-exempt financing as airports and seaports, supporters say.

Indiana saw a tax revenue windfall in January, with general fund revenues coming in 15.8% above last January's number and 9.3% above December's projections.

Oklahoma Attorney General Gentner Drummond released opinions that disallowed the holding of multiple government roles by Turnpike Authority Executive Director Tim Gatz and upheld the constitutionality of a 2023 law that altered the turnpike's governance structure.

Six financial institutions may be placed on West Virginia's restricted list if they are found "boycott" the fossil fuel industry, Riley Moore said.

The goverment must address expected fiscal challenges or bond payments after 2031 are in jeopardy.

Issuance is already slated to be healthy next week, with some large deals on the calendar.

The Aggie bond legislation appears stuck in Congress.

Three of the hires are group heads in public sector and structured finance businesses at the firm.

Legal challenges to congestion pricing tolls may delay much-needed repairs to the city's transit system, the Metropolitan Transportation Authority said. 

Public finance lawyers Alison Radecki and Helen Pennock, who come to the firm from Orrick, Herrington & Sutcliffe, will work of of the New York City office.