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Joe Stephenshaw takes the reins as state’s new finance director

Joe Stephenshaw, left, the new director of the Department of Finance, takes the oath of office from Gov. Gavin Newsom.(Photo: H.D. Palmer, via Twitter.)

As a budget analyst in the California Department of Finance in 2005-2008, Joe Stephenshaw never imagined that he would one day come back to lead the division. This month, Stephenshaw, 47, was sworn into the post, becoming the first African-American to hold the position.

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