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Rules committee advances Casey Mosseini to lead Department of Financial Protection and Innovation amid funding and enforcement questions
Summary
The Rules Committee approved Commissioner‑designate Casey Mosseini 3-0 to move to the full Senate. Mosseini discussed DFPI’s staffing, fee study and oversight role as federal consumer protections shift; multiple industry and consumer groups voiced support.
The California State Senate Rules Committee voted 3-0 to advance the nomination of Casey Mosseini to serve as commissioner of the Department of Financial Protection and Innovation, sending the nomination to the full Senate for consideration.
Mosseini, who has served as DFPI’s chief deputy commissioner since 2023 and previously as chief operating officer in the state controller’s office, told the committee he supports clear goals, measurable outcomes and sound fiscal management at the agency. “DFPI has an exciting future and I feel privileged to lead our efforts to promote safety and soundness in our financial institutions,” Mosseini said during his opening remarks.
Committee members focused questions on the department’s ability to sustain consumer protection work as federal oversight changes. Senator Reyes raised recent shifts at the federal…
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