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Published: 07/07/2017

Last week the CBA conducted a second editorial board meeting with the Sacramento Bee. The meeting covered a wide range of topics including the prospects for federal regulatory reform and the CHOICE Act, with a fair amount of time spent discussing the importance of reforming the QM rule.  Also discussed were the challenges associated with banking the cannabis industry, including a conversation about the establishment of a state-run bank, and other state legislative issues were discussed as well, including CBA’s sponsored bill on elder financial abuse, AB 611. These meetings continue to be excellent opportunities for California’s industry leaders to interface with the editorial board staff (those who determine the direction of the newspaper’s opinion page) and discuss issues of concern to the industry and consumers, and communicate the positive role their bank plays in the local community. CBA would like to acknowledge and thank the following bankers who joined us at last week’s meeting: George Cook, El Dorado Savings Bank; Rick Smith, Tri Counties Bank; Virginia Varela, Golden Pacific Bank, and Louise Walker, First Northern Bank.

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