California and Nevada's voice in Washington D.C. The Leagues are the only Leagues with a full time staff dedicated to working with Congress, Government Agencies, and Federal Regulators. The resources in this area will help you keep informed of the latest developments and credit union priorities.
State Government Advocacy efforts brings the voice of credit unions to Sacramento and Carson City. Our advocacy team works daily with elected officials, staff, the executive offices, gubernatorial appointees, and the decision-makers of California and Nevada. This area will keep you updated on all advocacy efforts at the state level of Government.
|Jan Owen, Commissioner of the Department of Business Oversight (DBO)|
Additionally, a new Division of Financial Services (DFS) will be housed inside the newly created DBO. The DFS will oversee the operations of state-licensed financial institutions, including banks, credit unions, industrial banks, savings associations, trust companies, foreign banking organizations, business and industrial development corporations, money transmitters, issuers of payment instruments and traveler's checks, and premium finance companies.
Structurally, DFS looks very similar to the former DFI, and licensees should see no interruption in service.
The reorganization required new gubernatorial appointments. Brown named Jan Owen as the commissioner of DBO. Owen was formerly acting commissioner of the DFI from 1999-2000 after serving as deputy commissioner from 1996-1999.
Teveia Barnes—who was previously the DFI commissioner—was appointed senior deputy commissioner of DFS.
The appointments of Barnes and Owen require Senate confirmation.
Additionally, RaAnn Wood was reappointed as deputy commissioner of the Division of Credit Unions.
Political Action Committees are organized for the purpose of raising and spending money to elect and defeat candidates, with most PACs representing business, labor or ideological interests.