California’s ban on all-white-male boardrooms is spreading – Los Angeles Times

The U.S. Chamber of Commerce threw its support behind the Nasdaq diversity plan and a similar proposal in Congress for a national rule.

U.S. Sen. Alex Padilla of California.

When he was California’s secretary of state, U.S. Sen. Alex Padilla was charged with ensuring public companies followed the law. “We have seen California make a lot of progress,” he said.
(Shawn Thew / Pool Photo)

“We have seen California make a lot of progress,” said Democratic U.S. Sen. Alex Padilla, who in his previous job as California secretary of state was charged with ensuring the 647 public companies headquartered there followed the law. “It is what makes sense for the nation, as well.”

Source: California’s ban on all-white-male boardrooms is spreading – Los Angeles Times