Australian funds cut U.S. Treasury holdings on Trump policy risks
Fiscal uncertainty in the US and the fact that Treasury yields aren't high enough to reflect the risk of holding them is making the securities less attractive.
Budgets
Kraninger wants more money for CFPB. White House has a different plan.
The Trump administration proposes cutting personnel and other budgetary items at the bureau, while the agency’s director — who controls the purse strings and was hand-picked by the administration — aims to boost spending and hire more employees.
Chicago tweaks finance teams on $1.2 billion refinancing
The city is folding together separate syndicate and advisor teams on $1.2 billion of general obligation and Sales Tax Securitization Corp. refunding deals.
‘We were willing to shock historical norms’: Otting on OCC’s makeover
The comptroller, now a year and a half on the job, discusses his attempts to revamp the supervision process for national banks and make the agency run more efficiently.
Philadelphia City Council tackles delinquent tax collection plan
The council is exploring legislation to collect around $492 million in delinquent real estate taxes that could aid the city’s school district.
By
Andrew Coen-
Chicago aldermen cast off skepticism, pass securitization program
The allure of promised savings persuaded most Chicago City Council members.
