Assemblymember Matt Haney led two back-to-back hearings on the California State Bank. In the Assembly Banking Committee, he was joined by our expert witnesses, including Jennifer Finger of the California Public Banking Alliance, who testified in support of AB 2243. A retired banker with over 35 years of experience across institutions like Bank of America, community banks, and Beneficial State Bank, she brought deep industry insight to the discussion.
The bill passed out of the Assembly Banking Committee on April 23, following its passage out of the Assembly Economic Development Committee on April 14.
Public Bank LA’s Trinity Tran led the coalition efforts for the Earth Day launch at the State Capitol on April 22. Speakers included Assemblymember Matt Haney, Assemblymember Ash Kalra, Trinity Tran, Michael Tubbs, Max Vargas, Tristan Brown, and Dr. Flojaune Cofer.
Read the press release: https://haney.asmdc.org/press-releases/20260422-california-launches-state-public-bank-effort-keep-taxpayer-dollars-out-wall
Read the event wrap-up on CPBA: https://capublicbanking.org/ca-state-bank-campaign-launches-as-ab-2243-passes-two-assembly-committees/
