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CA Regulators Complete Review of Wildfire Risk Model California’s Department of Insurance has completed a review of the state’s first wildfire catastrophe model, which property/casualty insurers...
Trump Administration’s ‘AI Action Plan’ Targets State AI Regulation The Trump administration released an “AI Action Plan,” aimed at speeding the development of artificial...
In the span of just 36 days this spring and summer, the number of states offering unemployment benefits to striking workers doubled—to four. New Jersey was the first to offer such benefits, beginning...
Developing Anti-‘Debanking’ Trend in Red States? A new front appears to have opened in the ongoing battle over environmental, social and governance (ESG) investing. In March Idaho Gov. Brad...
FL Requests Medicaid Waiver to Bolster Health Workforce Florida is seeking a federal waiver to use Medicaid funding to expand its health care workforce, a plan that could be adopted by other states....
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California lawmakers reached a deal with Google that will provide about $250 million in public and private funding for newsrooms across the state over the next five years. Although Google has committed to spending $105 million on the effort, critics say that’s roughly the amount of money the company makes in half an hour. (PLURIBUS NEWS)
Although the Federal Reserve has been reluctant to create a central bank digital currency, Wyoming is developing its own U.S. dollar-backed stablecoin, which it is planning to launch next year. The state’s intent is to give individuals a faster, cheaper way to transact with local businesses. The state also plans to invest the reserves that back its stablecoin in treasuries and reverse repos, and use the interest generated from those investments to help fund public education.
This isn’t Wyoming’s first foray into crypto. Since 2018 the state has passed over 30 pieces of legislation aimed at creating a favorable regulatory environment for the industry. (CNBC)
A bipartisan measure (AB 3080) that would have required pornographic websites to verify that users are of legal age died ahead of the state’s Aug. 31 legislative adjournment date. The fact that such legislation has been passed mostly in red states didn’t stop the deep blue state’s Assembly from passing AB 3080 unanimously in May or its Senate Judiciary Committee from approving it unanimously in July. But the measure was held up in the Senate Appropriations Committee over First Amendment and other concerns. (CALMATTERS, LEXISNEXIS STATE NET)
—Compiled by SNCJ Managing Editor Korey Clark
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