Senate Banking and Financial Institutions Committee, Wednesday, January 7, 2026

California State Senate Committee on Banking and Financial Institutions · January 7, 2026

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15:00

18:26

Call to order and welcome

Announcement

0:54 → 1:21(27s)

Chair Sen. Grayson called the meeting to order, welcomed colleagues and introduced Spencer Winkle as the committee's Republican policy consultant.

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The California State Senate Committee on Banking and Financial Institutions passed SB 505 (two-factor authentication for digital wallets) 5-0 and sent it to the Appropriations Committee; the consent calendar (including SB 546 and SB 700) was adopted 5-0 and the committee adjourned.

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Transcript

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