Newsletters

04.16.19

Cannabis Banking Bill Moves Forward

Legislation on cannabis banking continues to make its way through the House of Representatives, with one bill garnering approval by the Financial Services Committee.


04.10.19

New Bill, Supreme Court Case Challenges Administrative Deference

In the latest attack on administrative deference, Sen. Ben Sasse (R-Neb.) opted for a frontal challenge to Chevron deference by introducing the Separation of Powers Restoration Act.


04.02.19

What’s Next? Recent Activity in Tech Legislation

If the action from the 116th Congress matches only half of the noise it is making regarding the tech industry, the next few months are likely to see a revolution in the government’s approach to regulation in our digital era.


03.13.19

From Fintech Charters to Sandboxes

Financial technology news includes the continuing battle over the Office of the Comptroller of the Currency’s (OCC) plan to issue special-purpose national bank (“fintech”) charters, with the agency seeking to dismiss lawsuits by the Conference of State Bank Supervisors (CSBS) and ...


01.11.19

Governor Newsom’s First State Budget: New Policy and Funding Priorities for California

This week, California’s newly inaugurated 40th governor, Gavin Newsom, unveiled his first state budget proposal, which projects nearly $6.1 billion in new revenues, would authorize $144.2 billion in state General Fund spending in 2019–20, a 4 percent increase over the $138.7 billion ...


12.19.18

California DBO Seeks Help With SB 1235

The California Department of Business Oversight (DBO) has started the process of developing regulations to implement SB 1235, which imposes new disclosure requirements for commercial financing in the state.


12.19.18

FDIC Pushes for De Novo Banks

Undertaking a serious push to encourage de novo banks, the Federal Deposit Insurance Corporation (FDIC) announced multiple initiatives and released new resources in the hopes of attracting new banks.


11.09.18

The Results: Newsom Wins, Democrats Dominate in California

On Tuesday, California voters turned out in record numbers, the highest percentage in a mid-term election in more than three decades.


11.09.18

Governor-Elect Newsom Names Chief of Staff and Cabinet Secretary

California Governor-elect Gavin Newsom is moving swiftly to appoint senior members of his administration.


10.10.18

California Enacts New Laws Impacting Financial Institutions

Following a busy few months for the California legislature, financial institutions are now facing some new requirements.