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Think tank proposes stricter ethics rules for NM legislators, how Fed rate hikes are affecting NM & more

Nonpartisan think tank Think New Mexico released a new policy report over the weekend pushing for reforms to the state's legislative ethics laws. It points to loopholes that allow dark money to influence lawmakers and loose restrictions for legislators and lobbyists.

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The Federal Reserve raised interest rates in mid-September and mortgage rates and long-term bond yields have already bumped up as a result. University of New Mexico finance professor Reilly White expects businesses to slow down on hiring as well.

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