The California Community Choice Financing Authority was the leader in the public power sector, issuing nearly $5 billion or 28% market share in 2023. It was also one of the
Source: LSEG
A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
"We're still seeing continued yield pressure out there from the market outlook investors have with the conflict in Iran," said Ajay Thomas, head of public finance at FHN Financial.
S&P Global Ratings cited the state's structurally balanced budgets and progress on improving the finances of its pension system.
Educational institutions risk "hefty fines and other serious consequences, including potential loss of federal funding," should they fail to submit timely and complete data.
The Senate approved the ROAD to Housing Act which will raise the public welfare investment cap, a move that should increase bond issuance.
The authority would own and oversee a $3 billion partly bond-financed domed stadium for the NFL's Kansas City Chiefs.
