Senate Banking and Financial Institutions Committee Archives

Judicial Watch Files Lawsuit To Halt California’s Mandatory Board Diversity Law

October 6, 2020 3:17 pmOctober 7, 2020 8:45 am

On Monday, the legal group Judicial Watch announced that they filed a lawsuit in Los Angeles Superior Court to halt a new state law to require a mandatory number of racial minorities on company boards. The Judicial Watch lawsuit against...

Digital Asset Regulatory Bill Passes Senate Committee 7-0

August 15, 2020 2:24 amAugust 14, 2020 9:24 pm

On Thursday, a bill that would begin feasibility studies into regulating and classifying the virtual currency industry passed the Senate Banking and Financial Institutions Committee unanimously 7-0. AB 2150 and the digital currency industry in California Assembly Bill 2150, authored...

Bill Would Force Companies To Give Board Seats To Minority Candidates

July 16, 2020 4:11 pmJuly 16, 2020 4:12 pm

On Tuesday, a bill that would set up mandatory minority quotas on California company board of directors was heavily amended once again as it awaits a hearing in the Assembly. AB 979 minority quota minimums Assembly Bill 979, authored by...