Politics

Sequestration on direct-pay bonds kicks in Oct. 1 without a fresh funding bill.

The plan being floated by California Gov. Gavin Newsom would nearly double the $21 billion fund created to protect the state's investor-owned utilities from outsized wildfire claims.

The council voted to preliminarily approve a $3.7 billion deal that will return an NFL team to play games inside the city limits while committing over $1 billion in taxpayer money.

The Federal Reserve governor's term was set to expire in January and President Donald Trump has made it clear that she would not be reappointed. The vacancy will give Trump an opportunity to appoint someone new to the central bank's board.

Legislation that would put a tighter limit on property tax increases for larger cities and counties advanced out of a Senate committee on Friday.

The federal government didn't have enough influence in the resulting haircuts to the COFINA bondholders for it to be liable for their losses, the court said.

Analysts say the outcome of the special session called by Gov. Tina Kotek to avert layoffs and close a transportation funding gap could affect ratings.

The Senate Banking Committee has advanced the first bipartisan housing legislation in more than a decade with loosened restrictions on housing credits and housing bonds.

The House Transportation and Infrastructure Committee has rolled out bipartisan legislation designed to depoliticize FEMA and move the agency towards formula-based grants, a win for counties.

Oregon Gov. Tina Kotek signed the legislation expected to raise $40 million annually.