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The bank hasn't managed debt sales in Texas since a measure took effect in 2021 that bars governmental entities from working with companies that "discriminate" against firearms businesses. BofA's "current risk-based framework and policies" can comply with that law, a lawyer for the bank has told the state.
June 27 -
The Brent Spence Bridge and Hudson Tunnel were among last year's winners of the sought-after federal Mega grants.
June 27 -
State lawmakers passed bills aimed at the city's home-rule powers and a union contract impasse, as well as funding for a convention center expansion.
June 27 -
California Gov. Gavin Newsom and lawmakers struck a budget agreement just days before the start of the fiscal year.
June 27 -
The Police and Fire Retirement System lacks authority to shift to a 20-year amortization of unfunded legacy liabilities from the 30-year term laid out in the city's bankruptcy exit plan, according to a judge's ruling that eases one fiscal pressure point for the city.
June 26 -
The early redemption plan saves the state $266 million in interest payments and allows pull-tab gambling revenue to flow to the general fund.
June 26 -
After holding at its last meeting, the Federal Open Market Committee may decide to raise rates again in July.
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As the Republican-controlled state House and Senate remain divided on how to deliver a historic tax cut, the governor vetoed dozens of bills to pressure lawmakers.
June 26 -
The Nevada System of Higher Education regents are expected to select a new chancellor by the end of June. Former treasurer Kate Marshall is a finalist.
June 26 -
The Republican ESG bill calls for studies on key muni market issues, including bans on soliciting business, ESG disclosure and investment decisions by underfunded state and local pension plans.
June 26