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Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. UK ministers are drawing up plans to subsidise electric car purchases by guaranteeing consumer loans, as they look at ways to drive up sales that remain stubbornly below official targets. The government has opened private
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<img src=”https://public.flourish.studio/visualisation/21361104/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady Tuesday ahead of the Federal Open Market Committee meeting as U.S. Treasury yields were little changed and equities ended up. This year may see higher levels of volatility due to the uncertainty about forthcoming policies from President Donald Trump’s administration, said BlackRock strategists. “An emphasis on
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Sean Duffy, former Republican Representative from Wisconsin and Fox News host, easily won Senate confirmation as the next US secretary of the transportation. Kent Nishimura/Bloomberg The Senate Tuesday confirmed Sean Duffy, former U.S. Republican Representative from Wisconsin and Fox News host, as head of the U.S. Department of Transportation. Duffy was confirmed by a vote
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Emily Brock, director of the federal liaison office of the GFOA.    Donna Alberico The municipal market’s advocates are responding to the threat of canceling the tax exempt status off municipal bonds with a multi-pronged approach that includes Capitol Hill visits and a letter sent to both houses of Congress by the Government Finance Officers Association.   “Elimination of the
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Enjoy complimentary access to top ideas and insights — selected by our editors. Orrick Herrington & Sutcliffe retained its first-place ranking as the top bond counsel. The top 10 saw some movements in 2024, with Greenberg Traurig and Chapman and Culter entering the top 10, while Gilmore & Bell and Bracewell were bumped to the
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The Iredell County Commission approved bonds totaling $124 million. The Iredell County, North Carolina, Commission approved $124 million of general obligation and limited obligation bonds, with proceeds used to build a high school, but the bonds still need approval from the state. The commission by a 5-0 vote agreed to sell GOs — expected to
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PFM’s newly minted managing directors, Hope Scarpinato and Gregory Butler.PFM PFM has promoted two employees to more senior roles.  Margaret “Hope” Scarpinato and Gregory C. Butler have been promoted to managing directors. Both have worked at PFM for more than a decade.  The new positions, effective Jan. 1, are part of the firm’s annual promotion
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“I believe our nation’s highest court will agree that denying St. Isidore’s charter based solely on its religious affiliation is flat-out unconstitutional,” Oklahoma Gov. Kevin Stitt said.Oklahoma Governor’s Office The fate of the nation’s first state-funded religious charter school is now in the hands of the U.S. Supreme Court. The high court on Friday agreed
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Dave Sanchez, director of the Office of Municipal Securities at the U.S. Securities and Exchange Commission.Donna Aberico Unregistered municipal advisory activity in the public-private partnership space as well as insufficient oversight by state and local governments of joint powers authorities they create are persistent concerns for the Securities and Exchange Commission, the director of the
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“There are a lot of moving parts here with the potential to either help or hinder the Fed’s quest for price stability and maximum employment,” said BMO Deputy Chief Economist Michael Gregory. The Federal Open Market Committee will keep rates in a range between 4.25% and 4.50% at its January meeting, analysts agree, with political
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Federal authorities descended on the Big Apple early Tuesday morning to carry out their first major deportation raids in the city as part of President Trumps crackdown on illegal immigration. The Drug Enforcement Administration confirmed early Tuesday that it was working with the Justice Department and “other federal law enforcement partners are assisting DHS with
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