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Lower Interest Rates on CA’s Bonds Benefited Taxpayers in 2017-18

Lower Interest Rates on CA’s Bonds Benefited Taxpayers in 2017-18

SACRAMENTO – California State Treasurer John Chiang has issued the annual Debt Affordability Report (DAR), in which he laid out how the continued strength of the state’s credit profile, coupled with the impact of changing tax policies on the supply and demand for tax-exempt bonds, contributed to interest rates on California’s bonds outperforming those of […]

Investigate hiring of CalPERS CEO, John Chiang says

Investigate hiring of CalPERS CEO, John Chiang says

BY ADAM ASHTON [email protected] California State Treasurer John Chiang on Wednesday called for an independent investigation into the hiring of CalPERS Chief Executive Officer Marcie Frost to resolve questions about whether she misinformed the $360 billion pension fund when she applied for her job. Chiang stressed in announcing his call for an investigation that he has […]

March 26 CA Governor candidate debate video

March 26 CA Governor candidate debate video

Five CA Governor candidates engaged in debate on March 26, 2018 in Universal City. Included were: Travis Allen, Republican state assemblyman, John Chiang, Democrat, state treasurer, John Cox, Republican businessman, Delaine Eastin, Democratic former state assemblywoman and state superintendent, Antonio Villaraigosa, Democrat, former Los Angeles mayor and assembly speaker,  Gavin Newsom declined to participate. Here’s the event video from […]

State Treasurer Gives L.A. Business Leaders First Look at New, Robust Online Business Development Gateway Designed to Spur Job Creation and Economic Expansion

State Treasurer Gives L.A. Business Leaders First Look at New, Robust Online Business Development Gateway Designed to Spur Job Creation and Economic Expansion

 California State Treasurer John Chiang                                          California Business Incentive Gateway (cbig.ca.gov) matches businesses with economic development opportunities by category, incentive type, location and more SACRAMENTO – California State Treasurer John Chiang today introduced Los Angeles business leaders toCBIG.ca.gov, […]

CA Treasurer increasingly using his office for partisan politics

CA Treasurer increasingly using his office for partisan politics

By George Miller   CA Treasurer John Chiang is increasingly utilizing his office for partisan politics. If you look at his past press releases, you can see that. In the one below, he urges the “Nation’s Largest Institutional Investors to Divest from Sellers of Banned Military-Style Assault Weapons.” Two reasons why this is very bad: 1- […]

Treasurer John Chiang and Leading Papal Advisor on Climate Change Open State’s First Green Bonds Symposium

Treasurer John Chiang and Leading Papal Advisor on Climate Change Open State’s First Green Bonds Symposium

SANTA MONICA, THE MILKEN INSTITUTE – California State Treasurer John Chiang and world-renowned climate scientist Dr. Ram Ramanathan, Professor of Climate, Atmospheric Science & Physical Oceanography at Scripps Institution of Oceanography, delivered remarks today to environmental and financial experts at the California Green Bond Symposium in Santa Monica. Green bonds, have the potential to greatly increase […]

Democrat Governor Candidate John Chiang Tries to Hide His Socialist Values

Democrat Governor Candidate John Chiang Tries to Hide His Socialist Values

  . By Stephen Frank,  California Political News and Views Democrat State Treasurer John Chiang loves to talk with Republicans, meet with them, agree with them and smile at them.  Then, he returns to being a Socialist Democrat—like his idea for the State to create a bank to compete with private banks for loans and customers.  […]

Treasurer John Chiang Urges CalSTRS to Divest in Sellers of Banned Assault Weapons and “Bump Stocks” 

Treasurer John Chiang Urges CalSTRS to Divest in Sellers of Banned Assault Weapons and “Bump Stocks” 

SACRAMENTO – State Treasurer John Chiang today urged CalSTRS board members to divest the pension fund’s holdings in wholesale or retail sellers of military-style assault weapons, ammunition and other devices such as “bump stocks” that are banned in California.  Below is a transcript of the Treasurer’s speech:  “Chairman Keiley and Investment Committee members… “Exactly one month […]

Statement from California Treasurer John Chiang on Wells Fargo Board of Directors Changes

Statement from California Treasurer John Chiang on Wells Fargo Board of Directors Changes

“I am encouraged by these latest steps taken by Wells Fargo and hope they will prove helpful in beginning to put the wheels back on the bank’s trademark stagecoach.” “For months I have been calling for a total reboot of this California-based bank with its storied history reaching back to the Gold Rush. Today, at […]

Statement of California State Treasurer John Chiang on Reforms to Board of Equalization

Statement of California State Treasurer John Chiang on Reforms to Board of Equalization

SACRAMENTO – “As a former chairman of the Board of Equalization, I can bear witness to how the only elected tax board in the nation has so much inherent potential to do good, but has too often of late been unable to tame its worst demons. “As our tax system grows more complex and unwieldy, California […]

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