Keeping state coffers stocked and liquid requires a delicate mix of analysis, hedging and listening, with an emphasis on remaining nimble over the coming months. “Over the last eighteen months, the Fed’s told you what the answer is, and the market has continually bet against them,” said Thomas Waters, chief investment officer, Pennsylvania Treasury. “They’ve
A D.C. mother says her dreams of buying a home may be shattered after the District promised her funding but then backtracked, announcing this week that the program had run out of money. She and her family had qualified for financial assistance through a program called Home Purchase Assistance Program (HPAP), which offers interest-free loans
Jtsorrell | Istock | Getty Images A new mysterious nonprofit group backed by the crypto industry has set up a mailing address about 100 miles away from Washington, D.C., and is making movies to exert power in the nation’s capital. The Cedar Innovation Foundation, a 501(c)(4) that was incorporated in Delaware in April, has launched
As thousands of families struggle with the cost of putting food on the table, D.C. Mayor Muriel Bowser is at odds with members of the D.C. Council and advocates over whether to use nearly $40 million in surplus funds to temporarily increase SNAP benefits. About 140,000 people in D.C. receive Supplemental Nutrition Assistance benefits, often