Home » Posts tagged with » John Chiang (Page 2)

Statement of California State Treasurer John Chiang on Today’s Pension Fund Stabilization Announcement

Statement of California State Treasurer John Chiang on Today’s Pension Fund Stabilization Announcement

“California is presented with a unique opportunity to reduce its pension obligations by more than $11 billion over the next 20 years, without having to reach deeper into the pockets of taxpayers or the public workforce that serves them.  “Faced with the stark reality that the state is on a trajectory to increase its pension […]

Commentary: Policy in the Golden State — Abolishing the Death Penalty

Commentary: Policy in the Golden State — Abolishing the Death Penalty

    Head to Head Conversations on Politics, Policy in the Golden State   By John J. Donohue III The Death Penalty Does Not Add Up to Smart Justice   Simply put, the death penalty is the worst possible allocation of money if your goal is crime prevention. High costs are a defining characteristic of […]

California’s Time Deposit Program Provides ‘Competitive Advantage’

California’s Time Deposit Program Provides ‘Competitive Advantage’

A few years ago Paul Cultrera, the general manager of the Sacramento Natural Foods Co-op, began looking to finance construction of a $10 million, all-organic grocery store. Out of the blue, he got a call from a local community lender, Five Star Bank. “They came to us and said they were really interested in the […]

Chiang and County Treasurers Move to Stop ‘Pay-to-Play’ School Bond Campaigns

Chiang and County Treasurers Move to Stop ‘Pay-to-Play’ School Bond Campaigns

State Treasurer John Chiang and a coalition of county treasurers and tax collectors moved to stop questionable bankrolling of campaign activities in local bond election campaigns. Preying on school districts eager to win voter approval for bond elections, municipal finance firms, including bond counsel, underwriters, and financial advisors, are offering to fund or provide campaign […]

Treasurer’s Program Approves $466 Million in Affordable Housing Financing

Treasurer’s Program Approves $466 Million  in Affordable Housing Financing

Treasury Buys $200 million in Green Bonds

Treasury Buys $200 million in Green Bonds

Purchase supports World Bank-backed energy and environmental projects California has finalized the purchase of $200 million worth of green bonds issued by the World Bank, state Treasurer John Chiang announced today. Proceeds from the sale will help the bank finance projects that meet specific criteria for low-carbon and climate-resilient growth; mitigate climate change or help […]

Treasurer Releases Blueprint for Growth and Innovation

Treasurer Releases Blueprint for Growth and Innovation

First Biennial Report Outlines Plan to Improve Infrastructure, Government Efficiency State Treasurer John Chiang today released an extensive blueprint for fixing California’s dilapidated roads, bridges and other infrastructure. The report also takes on many of the seemingly-intractable problems facing Californians today, from its affordable housing shortage and emerging retirement security crisis to local government bankruptcy […]

California’s Poor Have Tech, Rich Have More

California’s Poor Have Tech, Rich Have More

By Allison Hata, David Prince, and Paul Thomas People care about the distribution of income and wealth, and these concerns lead to an evaluation of each revolution in information technology to see whether it helps the poor catch up with the rest of society, or whether it exacerbates the income and wealth divide. In The […]

Treasurer Chiang’s Affordable Housing Initiative Moves Forward

Treasurer Chiang’s Affordable Housing Initiative Moves Forward

Two state commissions chaired by California State Treasurer John Chiang on Wednesday gave final approval to regulations that make it easier to tap up to $6.5 billion in previously underutilized, federal government resources. These resources, coupled with major regulatory reform, aim to put a dent in the Golden State’s 1.5 million-unit deficit of affordable housing […]

Treasurer Chiang Helps Sacramento Small Business Expand

Treasurer Chiang Helps Sacramento Small Business Expand

Affordable Access to Capital is Available to California Small Entrepreneurs State Treasurer John Chiang helped a K Street restaurant expand by facilitating two loans with a combined value of $150,000 through a popular program that encourages banks and other financial institutions to lend to small businesses that would otherwise have difficulty obtaining financing. The loans […]

Page 2 of 3123