• A bill to allow San Francisco to create its own city-run bank passed the state Senate on Wednesday. Increased opposition from Wall Street is expected, in order to quash this potential trend. [SF Weekly]
  • The Presidio Trust has fully rejected a revised proposal for the renovation and lease of the 30-building Fort Winfield Scott. One of the last parts of the Presidio in need of redevelopment, Fort Winfield Scott will not be getting remade by WeWork and a team of non-profit tenants. [Chronicle]
  • Sen. Kamala Harris is introducing a bill that would require insurance companies to cover PreP, the HIV-prevention treatment. The bill, if passed, would require insurance plans to cover the full cost of Truvada for PreP as well as initial tests for taking it. [Chronicle]
  • The city of Mill Valley wants to ban a lot of residential landscaping to protect against wildfires, but residents are pushing back. As many as 5,000 homes there are considered at high fire risk. [CBS SF]
  • Teachers are backing the Board of Supervisors' version of a measure aimed at building affordable teacher housing, and not the mayor's version, which involves a city charter amendment. [Examiner]
  • Google/Alphabet's $1 billion pledge to build housing in the Bay Area has a lot of caveats, not the least of which is that it's contingent on cities agreeing to re-zone commercial land that Google owns as residential. [ABC 7]
  • A man who barricaded himself in a room after allegedly vandalizing his roommate's car in San Anselmo was taken into custody after an hours-long standoff with police. [CBS SF]
  • Grocery Outlet's IPO looks to be a success, with shares trading at $22, well above its target price of $17. [SF Business Times]