The Wall Street Journal congratulates Fannie Mae for improving financial disclosure rules. But more is needed.
"Yesterday Fannie announced much-enhanced disclosure rules for its financial derivatives, which America's largest holder of mortgages uses to hedge its growing risk portfolio. This follows by two weeks Fannie's decision to post the insider stock trades of top managers and board members on its Web site... Fan and Fred make private profits but with public risk, and as our editorials have noted they are taking on more risk and debt all the time. Fannie and Mr. Raines are making progress, but they still have a ways to go."
Thanks to Chris Steins
FULL STORY: Fannie's Progress

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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