While other issuers have suffered ratings hits or had them withdrawn, California's ratings have not been impacted by its now perennially late ACFR.

Yakym takes over from the late Jackie Walorski, who passed away unexpectedly last August.

The Federal Reserve's top regulator will examine what steps the central bank took to mitigate risks at the bank before its failure last week.

President Joe Biden said that deposits at U.S. banks are safe following swift action from his administration's bank regulators.

The Treasury Department issued a "systemic risk exception" allowing it to cover uninsured deposits at SVB and Signature Bank, which New York State closed on Sunday.

Fitch said revenues improved significantly in fiscal 2022, more than doubling the prior fiscal year total and exceeding the pre-pandemic peak recorded in fiscal 2018.

The Ohio-based was underwriter on 47 limited offerings, violating the Commission's limited offering exemption.

Municipal securities could be exempt from the proposal and the Commission invites commenters to lay out why that should be the case.

More than half of the 163 bills introduced in state legislatures across the country propose one-time funding for transportation projects using bonds, excess COVID relief or budget surpluses.

"The outlook revision reflects recent state legislation that provides for the district's continued ability to levy ad valorem taxes," said S&P analyst Christian Richards.

Fitch Ratings raised Miami-Dade County's $4.9 billion of aviation revenue and revenue refunding bonds to A-plus from A.

The rating agency said it could upgrade the state's ratings over a two-year period if recent healthy fund balances are maintained.

Questions arise over the condition of rail infrastructure and how it should influence credit and buy side analysis of local governments that host rail lines.

A key consideration in the upgrade was the state's recent actions in both addressing longstanding obligation repayments and rapidly repaying obligations taken on during the pandemic-induced recession, S&P said.

The ruling striking down Rhode Island's tolling program constrains states' efforts to solve complex infrastructure problems, the state says.

"Our goal and our mission is really this — to provide investors with the insightful research that will help them make better investment decisions," says Janice Hofferber, head of Moody's Public Finance group.

The board will be accepting comments on amendments to Rule G-47 until April 17.

FINRA fined Quint Capital Corporation $35,000 and its founder Alexander Quint $10,000 over their role in allowing a broker banned by the SEC and FINRA to work for the firm.

A lawsuit seeking $389 million filed by a representative of junior lenders is the latest financial headache for the mall developer Triple Five.

The proposed Rule G-46 seeks to clarify certain rules specific to solicitor municipal advisors, a very specific group of professionals.