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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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OpenAI chief executive Sam Altman said he would fast-track product releases and “deliver much better models” after the release of a powerful new model by Chinese start-up DeepSeek undermined Silicon Valley’s lead in a global artificial intelligence arms race. DeepSeek’s generative AI chatbot, a direct rival to ChatGPT, is able to perform some tasks at
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<img src=”https://public.flourish.studio/visualisation/21344305/thumbnail” width=”100%” alt=”chart visualization” /> A new artificial intelligence model from Chinese firm DeepSeek led to a selloff in tech stocks, which, in turn, scared the broader market. In response, investors flocked to safe haven assets like municipal bonds and U.S. Treasuries. Muni yields fell five to seven basis points, depending on the scale,
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“It is my expectation that we handle this structural deficit this year. No gimmicks. No Hail Mary passes,” San Diego Mayor Todd Gloria said.San Diego Mayor’s Office San Diego Mayor Todd Gloria stirred up controversy with an impassioned state of the city speech in which he told residents the county needs to step up efforts
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“The assumption that FEMA is there protects every credit,” said Sarah Sullivant from S&P Global Ratings.S&P Global Ratings President Donald Trump signed an executive order Sunday establishing a task force to evaluate the Federal Emergency Management Agency as he floated the idea of abolishing a department that many in the municipal bond market consider key to
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Enjoy complimentary access to top ideas and insights — selected by our editors. 2024 was a dynamic year for talent in the public finance industry, as the earlier departure of Citi and UBS from the municipal finance industry helped Raymond James, Morgan Stanley and HilltopSecurities strengthen their ranks. As 2025 kicks off with a few
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