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California Sen. Anna Caballero announces historic run for state treasurer
California Sen. Anna Caballero announces historic run for state treasurer

Yahoo

time23-05-2025

  • Business
  • Yahoo

California Sen. Anna Caballero announces historic run for state treasurer

State senator and former Salinas mayor, Anna Caballero is running for California state treasurer. If Caballero is successful, she will be the first Latina elected state treasurer in California history—adding to a career of firsts. "I've dedicated my life to public service—from representing farmworkers to becoming the first Latina Mayor of Salinas, to leading major investments in healthcare, housing, and education in the State Senate," Caballero stated on social media Wednesday. "Now I'm running for State Treasurer to put working families first and recommit to the California Dream." Before she made history in 1998 as the first woman elected mayor in Salinas, Caballero worked as a lawyer representing farmworkers with California Rural Legal Assistance and co-founded a law firm providing affordable legal services to working families, according to her state senate bio. She also founded Partners for Peace, a nonprofit that aimed to reduce youth violence by supporting afterschool programs and other youth initiatives across the Salinas Valley. Caballero got her start in politics serving on the Salinas Planning Commission before being elected to Salinas City Council in 1991. After serving for 15 years on the Salinas City Council, Caballero went on to become the first Latina elected to represent the 28th Assembly District in 2006. Five years later in 2011, she was appointed by then-Gov. Jerry Brown to his cabinet, serving as secretary of the Business, Consumer Services and Housing Agency. There, Caballero oversaw 16,000 employees and a $27 billion budget—managing civil rights enforcement, consumer protections, building standards, pension funds and the licensing of over 3.4 million professionals statewide. Caballero returned to the Assembly in 2016, before being termed out in 2018, when she once again made history as the first Latina elected to represent California's 12th Senate District. She currently serves as representative for the 14th Senate District, post-redistricting. Her term ends in 2026. The state treasurer acts as the state's banker and manages California's finances. The office has grown since it was established in 1849 as part of the California Constitution to act as steward of public funds. In 2024, the Office of the State Treasurer served as agent for sale on "$20.6 billion of bonds on behalf of the state, state agencies and state financing authorities, managed trillions in banking transactions, and managed an investment portfolio that finished the year with $155.4 billion in assets," according to the state treasurer's office. The state treasurer also serves as the chair of 17 boards, commissions, and authorities. The current state treasurer, Fiona Ma, cannot run again due to term limits. Ma has declared her intention to run for lieutenant governor. So far, along with Caballero, former mayor of Oakland Libby Schaaf and current member of the California State Board of Equalization, Tony Vazquez are also running for state treasurer. The statewide primary election is scheduled to take place on June 2, 2026. The top two vote-getters will then move on to compete in the general election in November. This article originally appeared on Salinas Californian: Former Salinas mayor declares run for California state treasurer

Pacific Workers: Proposed SB 555 Could Boost Permanent Disability Benefits for California's Injured Workers
Pacific Workers: Proposed SB 555 Could Boost Permanent Disability Benefits for California's Injured Workers

Associated Press

time04-04-2025

  • Business
  • Associated Press

Pacific Workers: Proposed SB 555 Could Boost Permanent Disability Benefits for California's Injured Workers

OAKLAND, Calif., April 4, 2025 /PRNewswire/ -- California Senator Anna Caballero has introduced Senate Bill 555, a critical proposal to reform the state's outdated workers' compensation system—finally adjusting permanent disability benefits to match today's soaring cost of living. Also, if passed, the bill could offer relief to thousands of injured workers who have faced stagnant compensation rates for over a decade. Currently, permanent disability benefits are calculated using a 2012 framework, failing to account for 13 years of inflation and rising living costs. This leaves many workers struggling to maintain their livelihoods, even as costs of living rise. SB 555 proposes to bring these compensation rates into alignment with today's economic reality. In a recent episode of the Work Comp Talk Podcast, attorney Bilal Kassem, President and Co-Founder of Pacific Workers, joined the conversation to discuss the potential benefits of SB 555. Kassem's insights on how the bill could change the compensation landscape for California's workers highlight its transformative potential. 'The current system simply isn't cutting it anymore,' Kassem states. 'Injured workers deserve a permanent disability rate that matches today's cost of living, not outdated figures.' In addition to Kassem's statement, Senator Caballero concluded that 'our economy depends on the workers who keep California one of the most dynamic economy's in the world and when they are injured on the job, they deserve fair compensation that keeps up with real-world costs.' For further insights into how SB 555 could transform workers' rights, please feel free to reach out. About Pacific Workers Pacific Workers is a leading law firm dedicated to advocating for injured workers across California. With a track record of securing favorable outcomes, the firm provides compassionate legal support to ensure clients receive the compensation they deserve. Community Director

Senator Anna Caballero Introduces Senate Bill 72, Would Secure Long-term Water Supply for California
Senator Anna Caballero Introduces Senate Bill 72, Would Secure Long-term Water Supply for California

Associated Press

time27-01-2025

  • Politics
  • Associated Press

Senator Anna Caballero Introduces Senate Bill 72, Would Secure Long-term Water Supply for California

SACRAMENTO, CA, January 27, 2025 (EZ Newswire) -- CA Water for All is excited to share that last week Senator Anna Caballero (D - Merced) introduced Senate Bill 72, which will establish statewide water supply targets while requiring the State, water community, and stakeholders come together to achieve comprehensive, long-term water supply solutions that will transform water management in California, ensuring adequate and reliable supplies across the State. 'CMUA is proud to co-sponsor this vital legislation with the California State Association of Counties and the California Council for Environmental and Economic Balance. Our state is long overdue for a new strategy on how to best manage our water supply and plan for the future,' said Danielle Blacet-Hyden, Executive Director. 'With SB 72, California can finally begin to reverse the trend of overreliance on water cutbacks and rationing by working with the water community to rectify the decades-long, water supply threats that are impacting 40 million Californians and our communities statewide.' SB 72 would secure California's future water supply by doing the following: Establish necessary water supply targets to capture and produce enough water for all uses. Modernize the California Water Plan for a 21st-century climate. Ensure accountability for state agencies on water management issues. Complement and amplify Governor Newsom's Water Supply Strategy, ensuring water supply targets extend beyond any single Administration. 'By establishing a statewide water supply target and transforming the California Water Plan into a strategic action plan to implement the target, we can finally address critical water supply challenges that are a product of climate change, weather whiplash, and an antiquated system,' said Senator Anna Caballero, author of SB 72. 'We cannot afford to wait any longer to plan and implement solutions to address California's water supply needs. I'm proud to author this proposal and look forward to working with the Legislature and Governor Newsom on this critical bill.' 'Communities, residents, businesses, the economy, and jobs are threatened across the state as our water supply challenges continue to get worse,' said Craig Miller, General Manager, Western Water. 'By establishing water supply targets, SB 72 will give us a new path forward that will not only bolster the Governor's current Water Supply Plan, but will also create necessary accountability and a commitment from the State, the water community, and all stakeholders to establish necessary change.' As a result of evolving and worsening climate conditions, an aging water infrastructure, a growing population, a global economy, and antiquated state policies, California will continue to face an ongoing water supply shortage of historic proportions. California's current water systems require extraordinary commitment and investment in new water supplies. We all have a responsibility to ensure the future of our water supplies. Policy solutions must be advanced to meet environmental, agricultural and urban uses. Last year, Senator Caballero authored a similar bill that enjoyed unanimous support from the Legislature in both houses but was vetoed by Governor Newsom due to budget concerns and a budget deficit. SB 72 includes many of the same provisions and with a better budget year projected and increased pressure from climate driven wildfires, the coalition is optimistic that the bill can get a signature from Governor Newsom. Co-sponsors of SB 72 include the California Municipal Utilities Association (CMUA), the California State Association of Counties (CSAC), and the California Council for Environmental and Economic Balance (CCEEB). To learn more about SB 72, visit the state's Legislative Bill Information portal. ### SOURCE: CA Water For All

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