The Brief

Selling bonds. Awarding tax credits. Overseeing pension funds. Investing idle cash for maximum return.

These are the roles of California’s treasurer, a job that evokes someone with a fondness for green eyeshades and a favorite Excel function.

But in California — as in most other states — it’s a job that goes to a politician.

That may leave voters wondering: What’s the best combination of skills, experience and values for such an exceedingly wonky job?

Ask the six candidates and you’re liable to get six different answers.

California’s next money manager should be a detail-oriented former diplomat, according to Lt. Gov. Eleni Kounalakis.

For State Sen. Anna Caballero, Kounalakis’ chief Democratic rival, the better option is a wily elected official from a working class community with experience running a government bureaucracy.

The two Republicans, Jennifer Hawks and David Serpa, both believe it should be someone eager to check the fiscal impulses of California’s overwhelmingly Democratic political establishment.

Board of Equalization member Tony Vazquez thinks a long-time elected tax commissioner is a good fit. Glenn Turner, a former crystal and Tarot card seller-turned mental health activist, believes the role calls for someone with a radical political vision.

Not even turn-of-the-century Gov. Hiram Johnson, one of modern California’s political founding fathers, knew what makes a good state treasurer. The job, he complained to the Legislature in 1911, is “merely clerical” and its “qualifications naturally can not be well understood.”

The June 2 race is largely a rivalry between the top Democrats.

Kounalakis vs Caballero

There isn’t much reliable public polling, but as measured by name recognition, high-caliber endorsements and campaign cash on hand, this is Kounalakis’ race to lose.

That’s in part thanks to her current role as lieutenant governor — a job that commands statewide name ID and governing experience, even if its list of responsibilities is relatively short.

Kounalakis’ personal fortune has also surely helped her become a top candidate. The daughter of developer Angelo Tsakopolous, founder of Sacramento-based AKT Development Corporation, she has nearly nine times as much money parked in her campaign account as the other five candidates combined.

Kounalakis entered Democratic politics as a major donor, helping her secure an ambassadorship to Hungary under President Barack Obama. Those fundraising connections also have paid off this cycle: She is endorsed by former first lady Hillary Clinton, former U.S. Speaker Nancy Pelosi and Gov. Gavin Newsom.

From left, state Sen. Anna Caballero and Lt. Gov. Eleni Kounalakis.

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Fred Greaves and Miguel Gutierrez Jr.

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CalMatters

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Kounalakis wouldn’t be the first to take this path to the treasurer’s office. Phil Angeledes, who served from 1999 to 2007, is also an AKT alum whose political career was partially funded by Tsakopolous.

Though Kounalakis initially ran to replace Newsom as governor, she switched to the lower-profile treasurer’s race last summer amid flagging prospects in a crowded field. But Kounalakis, whose campaign did not respond to requests for an interview, has since argued that her experience as a developer and her self-professed technical orientation make the role of treasurer a better fit. She told the San Francisco Chronicle that she craved a technical role after so many years as a diplomat “standing in front of a podium with a visiting dignitary.”

Kounalakis’ decision was an unwelcome development for state Sen. Anna Caballero. A longtime state legislator who served as Business, Consumer Services and Housing Agency secretary under former Gov. Jerry Brown, the Merced Democrat was the presumptive favorite until then. Caballero has the upper hand by at least one metric: She has raised more money than Kounalakis since the beginning of this year, even if her campaign account is dwarfed by the war chest the lieutenant governor has amassed over the years.

Both Kounalakis and Caballero are termed out of their current roles.

The competition between the two top Democratic hopefuls is fierce, even if they don’t seem to disagree about much.

Both want the state to simplify the application process for affordable housing subsidies — which is already in the works with the governor’s new housing agency. Both support recent treasurer’s initiatives to direct state funds toward renewable energy projects and to administer a retirement savings program for workers whose employers don’t offer pension or 401k accounts. Both expressed enthusiasm about a proposal to require state banks and other financial institutions to lend more in lower income neighborhoods and communities.

Where there is daylight between the two, it is more a matter of emphasis than major disagreement. Caballero, for example, avidly promotes the use of hydrogen and dairy gas as gasoline alternatives and said the treasurer could foster private-public partnerships in those industries. As a member of the State Lands Commission, Kounalakis is an avid advocate for off-shore wind power development.

Who will make the top two?

Though Kounalakis and Caballero are the two most formidable candidates, it’s far from certain that both will make it to the November ballot. One of the top two spots could easily go to a Republican under California’s system in which the top two vote-getters advance.

California’s Republican establishment has been doing everything possible to make that happen. The California Republican Party formally endorsed Jennifer Hawks, a Bay Area party activist and former private school administrator, over fellow Republican David Serpa. Reform California, the conservative fundraising and get-out-the-vote organization run by Republican Assemblymember Carl DeMaio, also endorsed her.

“There’s a risk of splitting the vote,” DeMaio noted in a live-streamed conversation with Hawks. “We need to make sure that we have someone in the general election that we can be proud of.”

What does the treasurer do?

The day-to-day work is mostly done by professional staff and it doesn’t vary much with changes at the top. That doesn’t afford their elected boss much room for creativity or innovation. Bill Lockyer, the state’s treasurer between 2007 and 2015, said the job’s main role is to ensure that work is done with Californians in mind — that the “professional staff is managing responsibly.”

Still, there are occasional opportunities to do more with the job. Lockyer pointed to his decision to invest in international renewable energy projects through the World Bank — a first for the state — as one of his most important achievements. When Angeledes held the office, he used the treasurer’s posts on the boards of the state’s two major public employee pension funds to inveigh against investment banks and to champion the rights of shareholders. Other Democratic treasurers have acted as fiscal foils to Republican governors.

Since the days of Hiram Johnson, the post has also occasionally been derided as a sinecure for career politicians awaiting their next move.

That, said Caballero, is decidedly not why she wants to be treasurer. Pointing to her work on housing policy and rural economic development, she said everything in her legislative career “relates back to what’s in the treasurer’s office.”

Adding a not-so-subtle dig at Kounalakis: “I’m not on a stepping stone up to something else.”

Not that the treasurer’s office has been a particularly effective stepping stone: Angeledes, Kathleen Brown, and, more recently, John Chiang all attempted post-treasurer’s office runs for governor. None succeeded.

This article was originally published on CalMatters and was republished under the Creative Commons Attribution-NonCommercial-NoDerivatives license.

This story first appeared on The LA Local.

After missing the city’s Aug. 14 deadline to clear out the 88 million pounds of food from the burned Lineage warehouse in Boyle Heights, the company faces another deadline today — and it’s unclear if they will meet it.

Lineage disputes the city’s timeline, saying it was given until Aug. 20 to remove the rotted food, under orders imposed by the South Coast Air Quality Management District. 

As of Tuesday, Lineage reported that 97% of the food waste had been removed but had not confirmed that the work would be completed by the end of the day. The company said it has moved into the next phase of cleanup, which includes removing loose debris, power washing, disinfecting, detailing and deodorizing. That work is expected to be completed by Aug. 27, according to Lineage.

At a virtual community meeting last week, where L.A. Mayor Karen Bass announced that Lineage would not complete the work by Aug. 14, residents left frustrated by unanswered questions and what they called a lack of urgency from the city and Lineage to provide relief from lingering odors, pests and ongoing health concerns.

Here’s what we know about what’s been done so far and what’s left.  

What’s been cleaned up so far?

The freezer extensively damaged by the June 17 fire has been cleared and much of the structure has been demolished. For the past few weeks, crews have been working to remove the rotting food from inside the remaining freezer. 

As of Tuesday, Lineage reported that 97% of the food had been removed.

It’s unclear how Lineage has been calculating the cleanup estimates. The offices of Bass, Councilmember Ysabel Jurado and LA County Supervisor Hilda Solis have not directly answered questions from Boyle Heights Beat about how or if the numbers have been independently verified or how officials will determine when the cleanup is complete.

Bass acknowledged the issue last week, saying, “Lineage has said that they have removed 84% of all food waste in Freezer 1, but we cannot verify that.”

The L.A. County Department of Public Health has been inspecting the warehouse daily and citing Lineage up to $2,000 per day for its unsanitary conditions and inadequate pest control. 

Photos from the department’s most recent inspection on Tuesday show dozens of live and dead flies, decaying organic waste, sludge and food residue on the ground.

Can Lineage meet the Aug. 20 deadline?

Lineage’s reported cleanup pace has slowed over the last week, as they’ve said the remaining food is particularly challenging to remove. The company had previously been removing food at a pace of about 1% a day, but has slowed to less than 1% over most of the last week.

Based on Lineage’s self-reported cleanup pace, removing the final 3% could take several more days. In a statement Tuesday, the company said it expected the bulk food cleanup to be completed in “the coming days.”

Jurado said Wednesday that Lineage had not provided a definitive date for completing the food waste removal. 

Will removing the food eliminate the smell?

For many residents, the biggest question is how much longer the smell of rotting food will continue to disrupt their daily lives. Many have reported nausea and headaches due to the odors. 

Lineage told Boyle Heights Beat that it expects conditions to improve as more food waste is removed because the waste is the primary source of odor. 

The company said Phase 2 of the cleanup is underway and includes “extensive cleaning and decontamination of the site, including power washing, disinfecting, detailing and deodorizing.”

Lineage is also conducting around-the-clock air monitoring at various locations around the site and sharing the results online.

Lineage has not provided a specific timeline for when residents can expect the smell to end.

Mayor Karen Bass gives Boyle Heights residents an update on the Lineage Warehouse cleanup at Lou Costello Jr Recreational Center on Aug. 13, 2026.

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J.W. Hendricks

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Why are there two deadlines? 

The city’s Aug. 14 deadline was outlined in L.A. Mayor Karen Bass’ executive directives issued on June 29, which called for the complete bulk food removal within 45 days. Bass reiterated that deadline during a community meeting last week, where she said it had become clear the company would not meet it.

Lineage disputes that timeline, saying the Los Angeles Fire Department did not hand over the building until July 7, and that its applicable deadline is Aug. 20, in line with South Coast AQMD’s orders.

What happens if Lineage misses South Coast AQMD’s deadline?

If Lineage does not meet its Aug. 20 and Aug. 27 cleanup deadlines, South Coast AQMD will call for another hearing to determine the penalties it can impose. 

The deadlines were first established after a public hearing on Aug. 5 and 6, when air regulators unanimously approved an abatement order to enforce stricter cleanup requirements for Lineage after receiving thousands of air quality complaints since early July. 

What about the mayor’s Aug. 14 deadline?

In response to Lineage missing the city’s 45-day deadline, Bass said she was preparing to call on city lawyers to pursue civil litigation and other legal options, including cost recovery and penalties.

The mayor’s office did not respond to questions about whether the city has filed a lawsuit or taken other legal action since then.

Residents say they’re fed up

Tensions were high at Lou Costello Recreation Center last week, where about 40 residents watched Bass announce through Zoom that Lineage would not be meeting the city’s cleanup deadline.

Those living closest to the warehouse shared that the differing timelines matter less than wanting actual relief and answers about when the work would be completed. 

“I want them to get rid of this already,” said Maria Guzman, who brought her energy bill to the meeting, hoping to show city staff how much it’s gone up in the past two months. “They need to take care of it and do it as soon as possible.”

Boyle Heights Beat Senior reporter Alejandra Molina contributed to this story.

The two candidates for Los Angeles mayor, incumbent Karen Bass and challenger Nithya Raman, traded sharp jabs Wednesday night over homelessness, housing and police hiring in the first debate of the general election season.

The debate, hosted by the Sherman Oaks Homeowners Association, came as both campaigns began ramping up door-to-door canvassing in a race that’s expected to be close.

Bass, who was elected mayor in 2022, finished five points ahead of Raman in June but is considered vulnerable with unfavorable ratings at 57% in a poll taken before the primary.

Homelessness

During the debate, Raman, who represents Council District 4, said Bass had not made enough progress on the No. 1 issue facing Los Angeles: homelessness.

“You’ve been the mayor for four years and the results have not changed — the results are visible on our streets,” Raman said.

The latest homeless count showed unsheltered homelessness rose 8% from January 2025 to January 2026. The increase followed a two-year drop of 17.5%.

Bass countered that her Inside Safe program has brought thousands of people off of the streets and pointed out that Raman was head of the City Council’s Housing and Homelessness Committee until recently and therefore shared responsibility for the city’s progress on the issue.

“She has been the point person for homelessness — a very powerful position that she declared as powerful when she lost it,” Bass said.

Raman touted a 49% drop in unsheltered homelessness in her council district, which stretches from Silver Lake to Sherman Oaks.

Bass claimed Inside Safe was largely responsible for the drop.

If elected, Raman promised to conduct an audit of homelessness spending in her first six months of office and said she would fully staff a new Bureau of Homelessness Oversight to hold the city accountable for its spending on the issue.

Auditors have also flagged major problems with the handling of tax dollars by the regional L.A. Homeless Services Authority. The failures stem from poor bookkeeping and accounting of taxpayer money at the agency, which spent over $800 million in public funds last fiscal year.

Raman also promised to lobby L.A. County more forcefully than Bass for mental health, drug abuse and other social services for the unhoused.

Housing

The two also sparred over housing policy, with Raman saying the city needed more density in housing to address a severe shortage.

“This is a massive problem for the future of Los Angeles,” Raman said. “Let’s have a Planning Department that does the work to build these units, zone for these units.”

Raman said the city is “not zoned for more housing,” adding that’s why the state has stepped in with mandates for more dense housing in cities and counties across California.

Raman supported the law.

Bass opposed it.

“I do not support Sacramento telling us what to do,” Bass said. “The best way to build is to reach agreement with communities.”

Bass has billed herself as someone who would do more to preserve residential neighborhoods in the city and protect them from density. She added that 42,000 units of affordable housing were in the pipeline.

Policing

The two also tangled over the hiring of police officers.

Bass pointed to a 2020 social media post by Raman that declared “defund the police.”

“She’s irresponsible in what she talks about,” Bass said.

Raman returned the verbal jab, arguing that Bass was irresponsible for backing a big raise for police officers in 2023.

“This is about fiscal management of public tax dollars,” Raman said. "This contract gave raises to the [Police Department] that our city couldn't afford and we suffered as a result.

”We cut street lighting, we cut pothole repair — we have more potholes on our streets than we did before," she continued. “We do less graffiti removal than we did before.”

Bass has said the raises were necessary to recruit new officers and keep current officers from leaving the department.

Raman also criticized Police Chief Jim McDonnell’s response to federal immigration raids, noting he refused to enforce a state law that largely prohibited federal agents from wearing masks. The council member said she didn’t believe the chief’s response to ICE raids “met the moment,” stopping short of saying whether she would seek to remove him.

Supporting business

Bass and Raman also fought over whether the city had sufficiently supported the entertainment industry.

“We need a tax credit and advocacy in Sacramento for the kind of tax credit that Georgia has, that’s the same as New Jersey has that’s taking jobs away from here,” Raman said.

Bass said she appointed a film czar to fight for such policies and criticized Raman for doing nothing on the issue.

“You have been on the City Council for six years,” Bass said. “You’ve been at City Hall twice as long as I have. I realize you want to pitch yourself as somebody from the outside. But where were you? You’ve introduced no motion for the entertainment industry.”

Bass said Raman would not be a good mayor because she lacks support from any of her colleagues on the City Council.

“She has no support from the council members because nobody can work with her,” Bass said.

Raman said she works well with colleagues and that Bass had locked up their endorsements before she made her last-minute entry into the race.

Five news reporters and two members of the military who were invited to an event at Vandenberg Space Force Base in California were briefly detained at gunpoint by security officers who thought they were gate crashers, according to local news reports.

The incident happened Monday ahead of an invitation-only groundbreaking for a new training facility for missile operators at the federal airfield near Santa Barbara, Calif. Reporters from Noozhawk and KEYT were among those detained, and both outlets published articles detailing the detainment.

In a statement to Noozhawk, a Space Launch Delta 30 Public Affairs spokesperson called the incident a breakdown in communication.

“Vandenberg Space Force Base is experiencing an increased number of unauthorized entry attempts,” the statement said. “Every potential unauthorized presence must be treated as a legitimate threat until proven otherwise. While we recognize this may have been unsettling, the security of the base and its personnel is our priority.”

The reporters and military members were part of a convoy being escorted onto the base by uniformed public affairs staff in a government minivan when they were suddenly ordered out of their vehicles with their hands up, according to news reports.

Officers pointed guns, sirens were sounded and barricades went up at the gate entrance, KEYT reported.

The two military members assigned to the base — one enlisted and one a junior officer — were handcuffed and placed in base vehicles, while the civilians were ordered to sit on a curb, Noozhawk reported.

The reporters for outlets also including KSBY-TV and the Santa Maria Times/Lompoc Record were held for more than 30 minutes, causing them to miss the event. All were let go without further incident.

“We respect the military’s need to provide security for the base,” Tom Bolton, Noozhawk’s editor in chief, said in a statement Wednesday. “But clearly what occurred was unfortunate and unnecessary, and potentially dangerous, as firearms were drawn.”

Bolton said he hopes to have a conversation with base leadership later this week to review what happened in the hopes of preventing a similar occurrence in the future.

As severe wildfires burn across the Western U.S., California has adopted the toughest rules in the country to help protect communities from burning. Homeowners in wildfire-prone areas will be required to limit plants within five feet of their house, a protective measure that wildfire experts say can help prevent homes from igniting.
Research shows that dry, dense vegetation around buildings can cause wildfires to spread. In extreme conditions, high winds carry a deluge of tiny, burning embers far beyond the fire itself. When those embers get caught in vegetation, they can ignite, spreading flames to nearby buildings and homes.
Wednesday's vote by the California Board of Forestry and Fire Protection comes after years of debate and delays. The state originally considered rules that would have restricted all vegetation within five feet of a house, aside from well-maintained trees. That generated pushback from some communities, concerned about losing greenery in their gardens and the cost of yard maintenance.
California regulators ultimately struck a compromise about plants allowed within the five-foot zone, known as Zone Zero. Lawns, flowers and non-woody plants up to 18 inches tall will be allowed, unless they are located directly under the roofline of a house. Trees will be allowed, though branches must be trimmed five feet away from a structure. The rules will apply to new construction right away, but will be phased in for existing structures, affecting almost 2 million homes in high-risk areas.

State regulators say the rules reflect the new reality of more extreme wildfires, driven in part by rising temperatures from climate change. More than 57,000 homes and buildings have been destroyed in California in the last decade, according to state regulators.

"California's faced an existential crisis that has affected our health, that has affected our finances related to our ability to buy and sell homes, to insure homes and has put us in a very precarious place," testified Yana Valachovic of the University of California Cooperative Extension at Wednesday's hearing, who also advised the state on the new rules.

Growing tensions across Western states

California's debate reflects growing tensions across the Western U.S. about how communities should prepare for wildfires. Wildfire experts warn even fires that start in open, wildland areas can quickly become urban fires, destroying thousands of homes in neighborhoods that residents never thought were at risk, like in the 2025 Los Angeles fires. This summer, more than 800 homes were destroyed in Spokane, Wash., by three wildfires that burned through dense neighborhoods.
Across several states, homeowners in public meetings have said wildfire regulations threaten private property rights, reduce urban wildlife habitat and require costly maintenance.
"You are about to approve a set of regulations that will cost millions of California homeowners tens of billions of dollars," testified Dave Lefkowitz, president of the Mandeville Canyon Association, a community group in the Los Angeles hills. "The math is insuperable."

Vegetation management rules were recently defeated in both Oregon and Washington after strong public pushback, including misinformation that spread online. Some community groups wanted regulators to wait for more scientific research on wildfire spread.

Research shows plants can increase risk

In experiments, researchers have shown that even green plants can ignite in the dry, windy conditions of an extreme wildfire. Analyses of past California wildfires have also shown that homes with vegetation predominantly within 6 feet of the exterior walls were at higher risk of being lost. Managing vegetation also creates "defensible space" for firefighters, providing better access for defending a structure.

California has long been at the forefront of wildfire policy, pioneering regulations that other states have adopted. For almost 20 years, California's wildfire building codes have required homes to use fire-resistant materials for construction. A handful of other states recently adopted similar codes. Research shows that while there are no guarantees a house will survive a fire, protections are strongest when homeowners address both building materials and vegetation. Even in some of the most severe wildfires in recent years, some homes made it through.
California regulators say the widespread regulations are needed because voluntary measures don't provide enough protection. Communities are safest when all homeowners comply, since one home with dense, dry vegetation can spread fire to its neighbors. Insurance companies in California are also required to provide discounts to homeowners that make their homes more fire-resistant.

New rules depend on inspections

While California's new rules provide more flexibility for homeowners, some wildfire experts say they don't go far enough, given that any combustible material next to a house could pose a risk. The new vegetation rules will be enforced by local fire departments and state agencies that do home inspections every year. Those inspectors will bear the brunt of educating homeowners and ensuring compliance.
"I want the board to understand what this compromise asks of local inspection programs," Todd Lando of the Central Marin Fire Department testified at the hearing. "A clean Zone Zero is a five-minute inspection with one question: Is anything combustible within five feet? Easy for the homeowner to understand and take action on." Lando says the new rules will involve more conditional judgements by inspectors, opening up debate with homeowners that could affect compliance.

California regulators say inspectors will focus on educating homeowners at first, before compliance becomes mandatory. For existing homes, the new vegetation rules will go into effect in 2029 at the earliest.

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