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California Treasurer John Chiang's Statement on Wells Fargo CEO John Stumpfís House Committee Testimony

Mr. John Stumpf must go. Following-up on last week's duck, dodge, and deny performance with another listless one has convinced me that Mr. Stumpf is not -- and will never be -- the change agent leader Wells Fargo so desperately needs. Read this news release.

Governor Approves Secure Choice Retirement Plan

Millions of Californians soon will have an easy way to save for a more comfortable and dignified retirement now that Gov. Jerry Brown has signed Senate Bill 1234, landmark legislation creating the California Secure Choice Retirement Plan. Read this news release.

Treasurer John Chiang Sanctions Wells Fargo Bank For Defrauding California Customers

Wells Fargoís admission that thousands of bank employees opened over two million fraudulent consumer accounts is a legal and ethical outrage that cannot go unpunished, Treasurer Chiang said. Read more in this release. Read this news release.

Governor Signs Bill Requiring Wall Street Disclosure

Gov. Jerry Brown signed AB 2833, sponsored by State Treasurer John Chiang, imposing the nationís most robust transparency requirements on fees paid by public pension funds to private equity investment firms. Read this news release.


Treasurerís Program Helps Spur Growth of Californiaís Aerospace Industry

The State Treasurer's Sales Tax Exclusion program, administered by the California Alternative Energy and Advanced Transportation Authority, is providing financial incentives to help spur the growth of the aerospace industry in California.

Treasurer's Program Helps Spur Growth of California's Aerospace Industry from State Treasurer's Office on Vimeo.


Intersections: New Programs to Improve Lives in Californiaís Disability Community

State Treasurer John Chiang is introducing two new programs that will provide benefits to Californians living with disabilities. Read this month's edition of Intersections.


Governor Signs Treasurerís Bond Accountability Bill

Legislation sponsored by State Treasurer John Chiang to give taxpayers greater access to information about state and local borrowing and how proceeds are spent was signed into law by Gov. Jerry Brown. Read this news release.


Treasurer Chiang Hails Passage of Retirement Security Bill as Landmark Achievement for California

State Treasurer John Chiang today hailed passage of Senate Bill (SB) 1234 as a landmark achievement providing millions of Californians with greater protection from an impoverished retirement. Read this news release.


Treasurer Chiang Issues $2.65 Billion in Bonds

State Treasurer John Chiang today announced that he sold $2.65 billion of California general obligation bonds. Read this news release.


Treasurer Chiang Rebuilds Website to Promote Economic, Community Development

State Treasurer John Chiang has launched a reimagined website that is more efficient and user-friendly in how it connects Californians with the full array of financing options available through his office. Read this news release.