BizFed opposes federal draft proposal governing short-term loans
BizFed voted to oppose the federal Consumer Financial Protection Bureau’s (CFPB) proposal to govern payday loans, title loans, deposit advance products, and some installment loans. If CFPB rules are implemented, regulated lenders will face increased operating costs, and an unsustainable decrease in revenue, which would force many to close their doors and lay off employees. Click here […]
BizFed supports Beutner/Kantor proposal to reboot DWP
While BizFed has not taken a position on the size of the DWP rate increase itself, the BizFed Board voted to support four key solutions outlined in the op-ed linked below. BizFed is therefore opposed to any additional money from rate payers getting allocated to the City’s General Fund. BizFed is also closely following the LA City […]
It’s time to give the DWP a reboot
LA Times Op-ed by: Mickey Kantor and Austin Beutner, co-chairs of the independent commission LA2020. Its 2014 report “A Time for Action” made recommendations on how to achieve fiscal stability and job growth in Los Angeles, including an independent board to oversee DWP. February 15 , 2016 Every time you turn on a light or […]
Long Beach Chamber Of Commerce Seeks Wage Changes
By Randy Gordon Posted on Jan 29, 2016 After a lengthy discussion, our City Council voted 6 – 2 Jan. 19 to pass a minimum wage ordinance. Councilman Daryl Supernaw and Councilwoman Stacy Mungo were the two dissenters. Councilwoman Suzie Price had to leave the council meeting early for a family emergency. The action of […]
Sign on to RTP/SCS letter before SCAG’s full board meets on January 27
After months of deep engagement with the Southern California Assocation of Governments’ (SCAG) leadership on their Regional Transportation Plan/Sustainable Communities Strategy(RTP/SCS) BizFed commends SCAG on their attention to process and overall vision. Please review BizFed’s letter of support andcontact Dustan.Batton@BizFed.org if you are interested in adding your logo to the letter. It will be presented to SCAG’s full board […]
BizFed votes to engage on statewide pension mandate on small businesses
CA Secure Choice Retirement Savings Program will mandate an employer facilitated retirement plan for all employers with five or more employees who do not already offer a qualified plan. The BizFed Board voted to: Engage with state leaders who are developing the Secure Choice program. Request a formal analysis of the proposal from the Legislative […]
BizFed Installs Officers for 2016
By HOWARD FINE Thursday, January 21, 2016 The Los Angeles County Business Federation, the umbrella group of local business organizations, has installed its new officers for 2016. The federation, commonly called BizFed, is an alliance of 155 business organizations in Los Angeles County representing 275,000 businesses that employ roughly 3 million people. It formed eight […]
Long Beach Approves $13 An Hour Minimum Wage, Path To $15 An Hour
Story by: Harry Saltzgaver Contact: hsalt@gazettes.com. After a five-hour hearing Tuesday night, the Long Beach City Council approved in principal a minimum wage increase to $13 an hour in 2019, with a path to $15 an hour in 2021. Vice Mayor Suja Lowenthal made the motion to accept the recommendation of the Economic Development Commission, including […]
