Tag "Chris Reed"
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Only CalPERS internal watchdog on way out
The giant California Public Employees’ Retirement System – with $320 billion-plus in assets, the nation’s largest pension system – is going to lose its only outspoken internal watchdog. J.J. Jelincic – an eight-year incumbent on the CalPERS board who is on leave from
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Criminal justice reformers target punitive traffic tickets
California reformers seeking sweeping changes in the state’s criminal justice system have a new target: burdensome traffic tickets. The leading proponent of the proposal is California Supreme Court Chief Justice Tani Cantil-Sakauye. She is working on a plan to decriminalize
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Gov. Brown in no hurry to address recycling headaches
California – a state that has long prided itself on being an environmental global pacesetter – is struggling with the most basic of green tasks: recycling containers. Thirty years ago, California became one of the first state to add 5-cent and 10-cent
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Trump nominee for Interior Department a threat to Central Valley water status quo
As a presidential candidate, Donald Trump’s promise to help Central Valley farmers get more water and to reduce environmentalists’ influence over the federal government got him a warm reception in rallies last May and August in the region that leads
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Olympics appear L.A.-bound – but in 2024 or 2028?
After a recent International Olympic Committee fact-finding investigation went well, Los Angeles officials are extremely confident that California’s largest city will host a Summer Olympics for a third time after previous turns in 1932 and 1984. They just don’t know
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Wells Fargo’s huge scandal defies tidy resolution
San Francisco-based banking giant Wells Fargo continues to struggle to get past the worst scandal in its history. The company – which has a market value of $265 billion and nearly 270,000 employees in all 50 states – was fined $185 million
Read MoreWill Democrats in Legislature pressure Gov. Brown to increase state spending?
Will progressive lawmakers challenge Gov. Jerry Brown over his decision to dash their big dreams for the 2017-18 fiscal year? Or will they acquiesce as they mostly have in recent months of May after Brown released revised budgets without money for
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Pressure building on Napolitano over dubious UC testimony
Pressure is building on University of California President Janet Napolitano after the San Francisco Chronicle obtained two batches of official documents that appeared to show Napolitano was untruthful in her testimony at a joint legislative oversight hearing May 2 at
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Expert questions tax agency’s push for space launch taxes
One of the world’s leading experts on the commercialization of space questions the California Franchise Tax Board’s move to make the Golden State the first to impose state taxes on private space launch and tourism firms. John Logsdon, co-founder of
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Trump tax plan may not be easy sell to some state Republicans
President Trump’s release last week of a one-page list of his principles for tax reform reflected Treasury Secretary Steven Mnuchin’s longstanding advocacy of a much-simpler tax code with sharply lower rates. Because among the deductions Mnuchin seeks to zero out
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