DFPI’s Commissioner Hewlett Unanimously Confirmed by California State Senate The Department of Financial Protection and Innovation’s Commissioner Clothilde V. Hewlett appeared for her Senate Rules Committee confirmation hearing for the position… Read More >

J. Elizabeth Smith Appointed as Deputy Commissioner of Communications Governor Newsom announced on July 27 the appointment of J. Elizabeth Smith as Deputy Commissioner of Communications for the DFPI. She will… Read More >

Student Loan Borrower Campaign Gains 2022-23 Budget Funding The California Legislature has approved $10 million in General Fund money for the DFPI to conduct a student loan borrower outreach campaign as… Read More >

DFPI Seeks Public Comment on Oversight of Crypto Asset-Related Financial Products and Services Governor Gavin Newsom issued Executive Order N-9-22 (Executive Order) on May 4, 2022, to foster responsible innovation, bolster California’s innovation… Read More >

Governor Newsom Signs Blockchain Executive Order Governor Gavin Newsom announced on May 4 an executive order to foster responsible innovation, bolster California’s innovation economy, and protect consumers. It aims to create a transparent regulatory and… Read More >

Adrian Diaz Appointed As Deputy Commissioner for External Affairs Governor Newsom in March announced the appointment of Adrian Diaz as Deputy Commissioner of External Affairs for the Department of Financial Protection and Innovation… Read More >

DFPI Issues Guidance Regarding Russian Sanctions Following the rapidly evolving situation in Ukraine and Russia, DFPI Commissioner Cloey Hewlett issued a guidance to banks, credit unions, money transmitters, and others on March 4… Read More >

DFPI Sues to Stop Precious Metals Fraud Part of a nationwide effort, the DFPI, in partnership with the federal Commodity Futures Trading Commission (CFTC) and 26 other state regulators, filed a federal… Read More >

Proposed 2022-23 DFPI Budget On January 10, Governor Newsom proposed a state budget that provides the Department of Financial Protection and Innovation (DFPI) with the necessary resources to continue our important work under… Read More >

The Office of Governor Gavin Newsom issued a press release today, 12/20/2021, announcing the California Mortgage Relief Program has received Federal approval. Read More…