News Headlines Article

AM Alert: The financial future of low-income Californians
Sacramento Bee

In their first addresses as Democratic leaders, Assembly Speaker Toni Atkins, D-San Diego, and Senate President Pro Tem Kevin de León, D-Los Angeles, both talked about lifting up Californians on the bottom of the income scale.

They were fitting introductions for members who have underlined their working class upbringings in rural Virginia (Atkins) or as the son of an immigrant mother in San Diego (de León). The implications for liberal priorities like more spending on social services will emerge over the course of this year’s legislative session and budget negotiations. For today, de León will be delivering the keynote at an event on connecting impoverished Californians to basic financial services.

Organized by the National Journal as part of that publication’s “The Next America” initiative, the event will take a look at topics like encouraging financial literacy and broadening access to basic products like bank accounts and loans. De León will be speaking at the Merchants Exchange Building in San Francisco.