Senate Select Committee on Minority Economic Development, Tuesday, December 2, 2025

California State Senate Committee on Minority Economic Development · December 2, 2025

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Call to order and committee purpose

Announcement

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Sen. Susan Rubio opened the Committee on Minority Economic Development, identified the committee’s mission to strengthen minority-owned businesses and previewed earlier hearings in Sacramento and Los Angeles that informed today’s focus on access to capital.

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The California State Senate Committee on Minority Economic Development held a hearing on access to capital for minority- and Latino-owned businesses, featuring academic research, bank representatives, venture capitalists and chamber leaders who described scale, barriers and policy options to expand lending, procurement and venture funding.

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Transcript

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