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Financial plan: I-5 Bridge to open in 2033, light rail could run during construction
Editor’s Note: This story has been updated to include Washington House’s passage of tolling measure. With each passing month, the picture of the replacement Interstate 5 Bridge becomes clearer. From the broad strokes of what the replacement will look like with the adoption of the initial replacement plan last July to fleshing out some of the details with the recent release of the financial plan, the program’s image is coming into focus. Embedded in the financial plan is the most detailed look to date about funding, construction and what the replacement project itself will look like. Construction Program officials have divided the project into four sections: the bridge replacement and…
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CFPB head Chopra ‘very open’ to raising deposit insurance limit
Client Fiscal Safety Bureau Director Rohit Chopra stated Friday he is open to increasing the limit on deposit insurance coverage and suggested community banking institutions could be exempt from having to spend for the failure of Silicon Valley Lender. “I really don’t have any business conclusions on that, but I’m undoubtedly really open up to that,” Chopra, who also sits on the board of the FDIC, told Yahoo Finance when requested regardless of whether the level on deposit coverage need to be lifted. “Finally this is gonna be a final decision for Congress simply because that is set in the legislation and will be doing work with them as they…
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Mayor Turner Launches City of Houston Open Finance Initiative Tied to Financial Transparency
Mayor Turner Launches Town of Houston Open up Finance Initiative Tied to Money Transparency March 7, 2023 — The Metropolis of Houston is maximizing the use of technology to have interaction citizens and raise economical transparency. Today, Mayor Sylvester Turner declared the start off of the 3rd and final stage of the Open up Finance initiative, which is Open Checkbook. Open Checkbook gives Houstonians accessibility to specific expenditure-amount payment facts to vendors and other recipients. In April 2021, the Metropolis of Houston created the Open up Finance initiative to offer far more transparency about the City’s finances. At that time, Mayor Turner announced the Town was launching an open finance…
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Hong Kong says it’s back open for business. Will the world buy it?
Hong Kong CNN — At a glitzy finance summit in Hong Kong this week, the city’s leader triumphantly told a room packed with top Wall Street executives that the Asian hub was back in business. “The worst is behind us,” he declared. Two days later, tens of thousands of rugby fans descended on the city’s largest stadium for the Hong Kong Sevens, its biggest (and usually booziest) annual sporting event, which had been suspended since 2019 due to political unrest, and, later, Covid-19. The two high-profile international events sent a clear message: After almost three years of border closures, mandatory quarantines, and restrictions on businesses and social gatherings, Hong Kong…
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/D6CL3ZNCXBFHRPKTKRJJSSXVUE.jpeg "Boston Mayor’s finance director charged with money laundering in prison drug smuggling scheme – Boston 25 News")
