In the wake of a closely contested election season, the House Committee on Transportation and Infrastructure (T&I) finds itself at a potential crossroads. The T&I Committee’s traditionally steady course may soon be disrupted by a power struggle that aligns not just with individual ambitions, but also with wider strategic realignments among key industry stakeholders. As
Politics
The Municipal Securities Rulemaking Board (MSRB) has charted its financial course for FY 2025 with a proposed budget of $48.8 million, reflecting a modest 2.9% increase compared to previous fiscal cycles. This budget, the first approved following a suspension of the FY 2024 rate card by the Securities and Exchange Commission (SEC), underscores a period
Proposition 98, a constitutional measure passed by California voters in 1988, establishes a firm guarantee for public education funding within the state budget. It mandates that a specific percentage of the state’s budget must be allocated to K-14 education, ensuring a stable financial foundation for schools and community colleges across California. This provision was designed
The economic landscape of a nation is often gauged through fundamental metrics like inflation and unemployment, which have traditionally guided the Federal Reserve’s monetary policy decisions. However, as Federal Reserve Chair Jerome Powell recently highlighted, the importance of personal savings as a measure of economic health warrants renewed attention. The relationship between gross domestic income