Chicago Mayor Brandon Johnson said he is confident the city will find a new finance chief and warned of possible layoffs by mid-year after a budget battle fueled concerns about revenue shortfalls.
Chicago Mayor Brandon Johnson said he is confident the city will find a new finance chief and warned of possible layoffs by mid-year after a budget battle fueled concerns about revenue shortfalls.
Chicago Mayor Brandon Johnson will not sign nor veto a city council backed budget for 2026, he said on Tuesday, meaning the spending plan will go into effect without his endorsement. The decision comes about one week before the deadline to avoid a possible government shutdown.
Chicago Mayor Brandon Johnson will not sign nor veto a city council backed budget for 2026, he said on Tuesday, meaning the spending plan will go into effect without his endorsement. The decision comes about one week before the deadline to avoid a possible government shutdown.
Chicago’s City Council passed a roughly $16 billion budget for 2026 — less than two weeks before the deadline — without certainty about whether Mayor Brandon Johnson will sign or veto the plan.
Chicago’s City Council passed a roughly $16 billion budget for 2026 — less than two weeks before the deadline — without certainty about whether Mayor Brandon Johnson will sign or veto the plan.
A Chicago Transit Authority (CTA) L train in the Loop neighborhood of Chicago, Illinois, US, on Thursday, Aug. 15, 2024. Roughly 50,000 people are expected in Chicago for the DNC, and local leaders are keen to buff up Chicago's pandemic-dinged image as Chicago's transit system overall ridership sat at 60% of pre-pandemic passenger levels at the start of 2024. Photographer: Al Drago/Bloomberg
Chicago’s City Council passed a roughly $16 billion budget for 2026 — less than two weeks before the deadline — without certainty about whether Mayor Brandon Johnson will sign or veto the plan.
Chicago’s City Council passed a roughly $16 billion budget for 2026 — less than two weeks before the deadline — without certainty about whether Mayor Brandon Johnson will sign or veto the plan.
Brandon Johnson, mayor of Chicago, during a news conference in Chicago, Illinois, US, on Tuesday, Sept. 2, 2025. Chicago Mayor Brandon Johnson signed an executive order Saturday aimed at banning federal law-enforcement officers from wearing masks or disguises as he tries to head off a threat from President Donald Trump to expand his crime crackdown to the city. Photographer: Jamie Kelter Davis/Bloomberg
Chicago’s City Council passed a roughly $16 billion budget for 2026 — less than two weeks before the deadline — without certainty about whether Mayor Brandon Johnson will sign or veto the plan.
Chicago’s City Council passed a roughly $16 billion budget for 2026 — less than two weeks before the deadline — without certainty about whether Mayor Brandon Johnson will sign or veto the plan.
Brandon Johnson, mayor of Chicago, during a news conference in Chicago, Illinois, US, on Tuesday, Sept. 2, 2025. Chicago Mayor Brandon Johnson signed an executive order Saturday aimed at banning federal law-enforcement officers from wearing masks or disguises as he tries to head off a threat from President Donald Trump to expand his crime crackdown to the city. Photographer: Jamie Kelter Davis/Bloomberg
Chicago’s city council on Friday approved a revenue ordinance for 2026 that’s a key component of a roughly $16 billion budget for the third-largest US city.
Chicago’s city council on Friday approved a revenue ordinance for 2026 that’s a key component of a roughly $16 billion budget for the third-largest US city.
A Chicago Transit Authority (CTA) L train in the Loop neighborhood of Chicago, Illinois, US, on Thursday, Aug. 15, 2024. Roughly 50,000 people are expected in Chicago for the DNC, and local leaders are keen to buff up Chicago's pandemic-dinged image as Chicago's transit system overall ridership sat at 60% of pre-pandemic passenger levels at the start of 2024.
President Donald Trump’s immigration crackdown is returning to Chicago, with raids carried out by US Border Patrol threatening to disrupt businesses before the holidays.
President Donald Trump’s immigration crackdown is returning to Chicago, with raids carried out by US Border Patrol threatening to disrupt businesses before the holidays.
President Donald Trump’s immigration crackdown is returning to Chicago, with raids carried out by US Border Patrol threatening to disrupt businesses before the holidays.
President Donald Trump’s immigration crackdown is returning to Chicago, with raids carried out by US Border Patrol threatening to disrupt businesses before the holidays.
Chicago Mayor Brandon Johnson’s proposal to sell $3.8 billion in bonds was reduced Tuesday by $1 billion after facing opposition from a key member of the city council finance committee as the deadline to pass a 2026 budget nears.
Chicago Mayor Brandon Johnson’s proposal to sell $3.8 billion in bonds was reduced Tuesday by $1 billion after facing opposition from a key member of the city council finance committee as the deadline to pass a 2026 budget nears.
Chicago Mayor Brandon Johnson Photographer: Jim Vondruska/Getty Images
Chicago Mayor Brandon Johnson is floating changes to his corporate head tax proposal as he and the city council are at an impasse over how to close a nearly $1.2 billion deficit.
Chicago Mayor Brandon Johnson is floating changes to his corporate head tax proposal as he and the city council are at an impasse over how to close a nearly $1.2 billion deficit.
A group backed by financier Michael Sacks has started funding ads against Chicago’s plan to bring back a tax on large corporate payrolls, drawing the ire of Mayor Brandon Johnson.
A group backed by financier Michael Sacks has started funding ads against Chicago’s plan to bring back a tax on large corporate payrolls, drawing the ire of Mayor Brandon Johnson.
Michael Sacks, chairman and chief executive officer of GCM Grosvenor, speaks at the Global Financial Leader's Investment Summit in Hong Kong, China, on Wednesday, Nov. 8, 2023. Wall Street’s elite gathered for a second day in Hong Kong for the city’s annual financial summit to discuss topics ranging from risks to China and investing.
Goldman Sachs Group Inc. took down a portion of a $454 million debt deal from Chicago even after boosting yields on the sales-tax bonds that hold higher ratings than the city.
Goldman Sachs Group Inc. took down a portion of a $454 million debt deal from Chicago even after boosting yields on the sales-tax bonds that hold higher ratings than the city.
A closed street under tracks for the CTA red line during construction for the Red and Purple Modernization initiative in Chicago, Illinois, US, on Friday, Oct. 3, 2025. White House Budget Director Russell Vought announced that the Trump administration is withholding more than $2 billion for transportation projects in Chicago, the latest move by the White House to use the shutdown as leverage to shrink the federal government.
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