In terms of what has happened in Ohio, according to municipal bond strategists, upon the recent passage of Ohio State union reform legislation, the cost of borrowing reflected by the yield of the State's long-term general obligation bonds fell by a meaningful percentage.
McHenry discusses the positive impact of Ohio's union reform on borrowing costs.
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We adhered to the time-tested principle of same risk/same regulation, while modernizing our regulatory framework to better match this innovative technology.
Inflation remains broad-based and persistent, two troubling trends the Fed expects will continue.
Chair Gensler gave a speech just last week discussing his belief that the asset of the investment contract is itself the investment contract, which is completely bogus.
The market does not see it. Your regulatory actions and the CFTC's regulatory actions say that there is a great deal of uncertainty here.
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