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SACRAMENTO, Calif. (AP) — California has elected its youngest state lawmaker in more than eight decades. It elevated a 25-year-old progressive Democrat who already has years of legislative experience to the state Assembly. Alex Lee survived a crowded nine-candidate primary election in March, then trounced his Republican rival in a San Francisco Bay Area district that includes part of Silicon Valley. He plans to keep living with his mom in San Jose for the time being and had to take a part-time gig economy delivery job to make ends meet during his campaign. Lee has worked for five different lawmakers either as a college intern or more recently a paid aide. 671
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom is defending the state's pace for reopening amid the coronavirus pandemic. He says the economic harm the shutdown inflicted has negative health outcomes, too. Newsom's Monday comments come days after the state entered its broadest phase of reopening yet. Most counties are now cleared to allow the opening of bars, gyms, hotels, day camps, zoos and other attractions. Newsom and state health officials say the percentage of positive tests for the virus and hospitalizations are key metrics that have remained stable. Newsom says California officials are monitoring 13 counties that are seeing increased transmission rates or hospitalizations. 705
SACRAMENTO, Calif. (AP) — Pacific Gas & Electric's key lenders on Tuesday offered a billion plan to pull the utility out of bankruptcy and give the tarnished company a new name.The proposal filed in U.S. Bankruptcy Court would set aside up to billion of that billion to pay claims on the 2017 and 2018 wildfires caused by PG&E equipment, the Sacramento Bee reported.The plan offered by PG&E's leading bondholders would compete with an alternative that the newspaper says is being drafted by PG&E. Normally the company in bankruptcy has first crack at proposing an exit plan, but the bondholders said in a court filing that they filed their plan because PG&E has "wasted crucial time needlessly."The bondholders also want to rebrand PG&E as Golden State Power Light & Gas Company.Asked about the bondholders' plan, the utility said in a statement that it was considering all options as it navigates the bankruptcy process.The new proposal came four days after Gov. Gavin Newsom, a Democrat, floated the idea of a billion package to deal with the costs of future wildfires, paid for by ratepayers and shareholders of PG&E and the other two big electric utilities in California.Newsom's plan does not offer any cash for PG&E's existing liabilities but would revise state law to give utilities more certainty about recovering costs from ratepayers — enough stability that Newsom believes will allow PG&E to borrow the money it needs to pay existing claims, according to the Bee.The bondholders include some of the biggest investors on Wall Street, including Elliott Management, Pimco and Apollo Global Management. They have been quietly promoting a PG&E restructuring plan for weeks in conversations with legislators, Newsom's aides and others. Tuesday's court filing marks the first time they have taken the proposal public."Substantial new capital must be infused into the company," the bondholders said in their court filing.The governor's office had no immediate comment on the bondholders' proposal.Like Newsom's plan, the proposal is "ratepayer neutral" — meaning, customer rates would not go up to pay the costs of getting PG&E out of bankruptcy.But ratepayers would pay: The plan calls for a .50 monthly charge, a feature of PG&E bills since the 2001 energy crisis, to be extended for several years to help raise dollars for a wildfire insurance fund proposed by Newsom last week. That fund would help pay claims for future fires.___Information from: The Sacramento Bee, http://www.sacbee.com 2574
Robert Mueller could soon roar back into the news with some big announcements later this week.Roger Stone is telling anyone who will listen that Robert Mueller has it wrong. Stone is saying he did not coordinate with WikiLeaks during the 2016 campaign or try to pressure a friend into lying to the special counsel.The Trump ally and veteran GOP dirty trickster made that case in a CNN interview the other day. He repeated it in what one friend described as "nervous energy" calls to friends and associates in recent days.Stone believes the special counsel's office will seek an indictment. CNN reporting details emails and other evidence that question whether Stone coordinated with WikiLeaks -- and perhaps the Trump campaign -- about Democratic emails hacked and released late in the 2016 campaign.The new reporting on Stone raises a bigger issue that has some of the President's friends and allies worried.Mueller has been quiet for weeks. Justice Department guidelines urge prosecutors to be cautious in the 60 days or so before an election, so not to be seen as trying to influence voters. But with the election Tuesday, Trump-related investigations could climb back into the news. That includes the work of the special counsel and separate federal investigations in New York. 1294
SACRAMENTO, Calif. (AP) — California state officials have agreed to delay the effective date of what state lawmakers intended as a Jan. 1 ban on flavored tobacco products. They'll wait until county clerks can determine if opponents led by tobacco companies filed enough signatures to put the new law to a statewide vote. Inyo County’s top elections official says her office found many signatures do not match county records. The main group opposing the law says it turned in more than enough signatures to qualify for the ballot. If enough signatures are valid, the measure will likely go before voters in November 2022. 628