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Is a Public Cannabis Bank Feasible? Treasurer Chiang Aims to Find Out

Is a Public Cannabis Bank Feasible?  Treasurer Chiang Aims to Find Out

SACRAMENTO – California State Treasurer John Chiang today announced the selection of San Diego-based Level 4 Ventures to determine the feasibility of establishing a public cannabis bank. The need for a public cannabis bank has stirred intense interest and debate among financial experts, public officials, and the cannabis industry, as well as people seeking an alternative […]

Treasurer Gives San Diego Businesses First Look at New, Robust Business Development Gateway Designed to Spur Job Creation, Economic Expansion in California

Treasurer Gives San Diego Businesses First Look at New, Robust Business Development Gateway Designed to Spur Job Creation, Economic Expansion in California

SAN DIEGO – California State Treasurer John Chiang today introduced CBIG.ca.gov, the California Business Incentives Gateway, to the San Diego business community. The online gateway connects business owners and entrepreneurs to incentives, including tax credits, loans and bond financing, to help them grow and create jobs. “CBIG is open for business. California is launching its […]

Treasurer Unveils New Program to Help Make Higher Education Accessible for More California Families

SACRAMENTO – California State Treasurer John Chiang and ScholarShare 529, one of the nation’s top performing college savings plans, today announced the launch of a new program to help low- and moderate-income California families jumpstart saving for college. The Matching Grant Program will help families open a college savings account and counter rising tuition costs, one of the […]

California pension funds pushed by politicians to divest from gun industry

California pension funds pushed by politicians to divest from gun industry

By Steven Greenhut SACRAMENTO – California’s two major pension funds, the California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS), control more than $500 billion in total assets, making them two of Wall Street’s most influential investors. They also are government entities, and some California leaders want to use their investment […]

California Treasurer John Chiang on Governor’s Signing of Senate Bill 33 (Forced Arbitration)

California Treasurer John Chiang on Governor’s Signing of Senate Bill 33 (Forced Arbitration)

  John Chiang, California State Treasurer   SACRAMENTO – Victims of fraud by Wells Fargo Bank and other financial institutions finally can have their day in court thanks to Senate Bill 33, sponsored by State Treasurer John Chiang and consumer advocates. .  The governor today signed SB 33, authored by Sen. Bill Dodd, D-Napa, into law. The […]

California State Treasurer John Chiang Statement on Approval of Housing Package

California State Treasurer John Chiang Statement on Approval of Housing Package

SACRAMENTO –  “California’s housing shortage has metastasized from a problem to a crisis to, now, a full-scale catastrophe. But with today’s approval of a $4 billion housing bond, a permanent source of funding, and regulatory reform to ease construction, we are making a meaningful down payment on providing a roof and four walls to every […]

Treasurer Chiang Issues $2.65 Billion in Bonds

Treasurer Chiang Issues $2.65 Billion in Bonds

Borrowing Pays For New Public Works, Saves Taxpayer Money Because of Lower Interest Costs State Treasurer John Chiang today announced that he sold $2.65 billion of California general obligation bonds. The bonds are backed by the full faith and credit of the state. Proceeds from the sale of about a third of the bonds, worth […]

Treasurer Chiang Funds Mental Health Programs

Treasurer Chiang Funds Mental Health Programs

State grants pay for more than 1,200 new beds Thirty-seven California counties have opened or will open more than 1,200 new beds to treat mentally ill patients as part of an ambitious program administered by State Treasurer John Chiang. The final grants were approved Thursday by the California Health Facilities Financing Authority, which is chaired […]

CalCAP Supports 10,000 Loans For Cleaner, Heavy-Duty Diesel Trucks

CalCAP Supports 10,000 Loans  For Cleaner, Heavy-Duty Diesel Trucks

How Long Will You Live? Your Zip Code Tells All

How Long Will You Live? Your Zip Code Tells All