The Washington Post “Every dollar that isn’t saved is a dollar that is going to have to come out of the state budget,” said Tobias Read, the state treasurer for Oregon, which is on pace to launch its state-run IRA this summer.Oregon intends to move forward with the retirement plan regardless of how the Senate acts, Read said. John Chiang, the state treasurer for California, said his state would continue to “fight back” the efforts to halt the accounts. Both men said eliminating the labor rule may make it difficult for states to proceed by not making it explicitly clear...
San Francisco MagazineChiang makes an unapologetic case for his total wonkitude. After all, “fiscal issues turn into social issues,” he says. “If you care about housing, if you care about education, if you care about opportunities here in California and the United States, we have to grow the economy, we have to create opportunities, and we have to be fiscally strong.”Read Full Story Here
Los Angeles TimesCalifornia Assembly Speaker Anthony Rendon (D-Paramount) has endorsed Democrat John Chiang in his 2018 bid for governor, praising Chiang for fighting for all Californians during his years in public office.Rendon said he was confident that Chiang, the state treasurer, will stand up to the “intolerant and irresponsible agenda of the Trump administration,” according to a statement released by Chiang’s campaign Tuesday morning.Read Full Story
The relatively early endorsement of California Assembly Speaker Anthony Rendon for gubernatorial candidate state Treasurer John Chiang is important for a number of reasons. The endorsement could awaken donors outside of Chiang’s circle to the viability of his candidacy.Read Full Story