It’s clear: Transparency wins

May 23, 2024 by An image of Sen. Durazo speaking Tuesday, May 21 at the Senate Floor hearing. After a years-long fight, SB 1201 moves forward to the California State Assembly By Madison D'Ornellas, Communications Specialist In early April, then mid-April, and then finally in late-May our coalition held our breath during each senate committee vote as Rise Economy and bill cosponsors Public Advocates watched the LLC Transparency Act (SB 1201) fly over...
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Celebrating 46 Years of the Community Reinvestment Act

October 12, 2023 by A landmark civil rights law that established a pathway to stability, wealth-building  for communities of color, but still needs improvements By Paulina Gonzalez-Brito, Chief Executive Officer Today, we celebrate 46 years of the enactment of the Community Reinvestment Act (CRA), a pivotal piece of legislation enacted to address banking marginalization and discriminatory lending practices. Considered...
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The Bank Rundown: June 2023

June 16, 2023 by Image of a First Citizens Bank branch.

“As recent bank failures expose bank management and regulatory failures, we would do well to revisit the lessons of Glass Steagall.” By Kevin Stein, Chief of Legal and Strategy   JPMorgan Chase acquires First Republic Bank First Republic Bank became the third bank to fail in the last few…

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