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Richard Cordray is stepping down from his post leading the Consumer Financial Protection Bureau.Cordray said Wednesday that he plans to resign as director at the end of the month."It has been a joy of my life to have the opportunity to serve our country as the first director of the Consumer Bureau by working alongside all of you here. Together we have made a real and lasting difference that has improved people's lives," he said in a note to CFPB staff.Cordray, who was appointed by President Obama, has served as the agency's chief since 2013.The CFPB was created in 2011 as part of the Dodd-Frank reforms that followed the 2008 financial crisis.  664

SACRAMENTO, Calif. (AP) — California's governor on Friday threatened a possible takeover of the troubled utility blamed for sparking deadly wildfires across the state with its outdated equipment unless it can emerge from bankruptcy ahead of next year's wildfire season with a plan focused on safety.Gov. Gavin Newsom called all sides to a meeting early next week, saying he would personally try to mediate a solution involving Pacific Gas & Electric.But if an agreement can't be reached, Newsom said, "then the state will prepare itself as backup for a scenario where we do that job for them."PG&E has come under more scrutiny in recent weeks as it cut off power to millions of people to avoid a repeat of last year's deadly fire season.The shutoffs have angered residents, businesses and local governments, who say the company has done a poor job of communicating."This is not the new normal," Newsom said. "There are things that can be done immediately and will be done immediately."It's unclear how the state could take over PG&E in the event it does not meet the June 30th deadline. But the governor's office pointed to General Motors as an example. The automaker filed for bankruptcy in 2009, and the federal government purchased a controlling stake in the company. The government later sold its shares once the company was on solid footing."That kind of a move would give the state a lot of control over the strategic direction that PG&E takes without getting it into the nitty gritty of running the day to day," said Michael Wara, director of the Climate and Energy Policy Program at the Woods Institute for the Environment at Stanford University.Local governments, including San Francisco, have offered to purchase portions of PG&E's equipment for .5 billion so it could operate parts of the power system on its own. Asked if taxpayers would buy the company, Newsom said: "We're scoping all of that.""It's not writing a check," Newsom said. "This is not plan 'A,' but it is a plan. We would be irresponsible not to scope that plan. So we're not going to sit back and hope and hope an expectation that everything else works out."Pacific Gas & Electric filed for bankruptcy earlier this year after a 2018 wildfire mostly destroyed the town of Paradise and killed 85 people. An investigation revealed the fire was started by one of the company's powerlines that was knocked down during a windstorm.The utility is facing up to billion in damages from that fire and others.Shareholders and creditors have been battling for control of the utility in bankruptcy court, offering two competing plans for the company's future.A federal judge has expressed concern the two sides are not making progress, and last week appointed a mediator to try and resolve the case.In June, Newsom signed a law setting up a billion fund that could help utility companies pay out claims for future wildfires as climate change makes them more frequent and destructive.Utility companies would have to spend at least billion on safety improvements and meet new safety standards to participate. PG&E would have to be out of bankruptcy by June 30th to use the fund.Friday, Newsom called on PG&E executives, shareholders and creditors along with wildfire victims to meet with him. Newsom said he is confident the meeting will occur.However, representatives for the largest groups of bondholders and shareholders did not respond to a request for comment.PG&E spokesman James Noonan indicated the company would participate."We welcome the governor's and the state's engagement on these vital matters and share the same goal of fairly resolving the wildfire claims and exiting the Chapter 11 process as quickly as possible," he said. 3762

SACRAMENTO, Calif. (AP) — California Gov. Jerry Brown's role as a crusader against the existential threats of nuclear war and climate change was elevated Thursday when he was named executive chairman of the Bulletin of Atomic Scientists, the group famous for managing the Doomsday Clock."We really see him as a global ambassador for the issues that we work on — manmade existential threats, nuclear, climate, disruptive technology," said Rachel Bronson, the group's president and chief executive.The Chicago-based bulletin was founded in 1945 after the creation of the atomic bomb and in the decades since has expanded its mission to a broader discussion of threats to human survival. The Doomsday clock is a visual representation of how close the Bulletin believes the world is to catastrophe.RELATED: California law makes milk or water default kids' meal drinkIn January, the group moved the hand to just two minutes from midnight.It's a topic Brown speaks of frequently, even noting it in his 2018 State of the State Address."Our world, our way of life, our system of governance — all are at immediate and genuine risk," he warned.As executive chairman, Brown will preside over the Bulletin's three boards — a governing board, a science and security board and an editorial board. It's a new role created just for Brown, and he'll focus on generating global urgency around nuclear and other threats.RELATED: California to audit DMV amid hourslong wait times, outages"We know that he thinks about big issues," Bronson said. "These are really hard to talk about — climate change and nuclear risk — because they're so big and they seem so intractable."The new position ensures Brown will stay relevant on the global topics he cares most about when he leaves office in January after four terms as California governor spanning four decades. He warned of nuclear threats during his governorship and presidential bids in the 1970s and 80s and has renewed his focus on the topic during his final years in office.He also sits on the board of the Nuclear Threat Initiative, attending meetings of the group in Washington, D.C., this week. While there, he also discussed nuclear threats with U.S. Defense Secretary Jim Mattis. Brown spokesman Evan Westrup declined to provide specifics on the conversation.REPORT: Gas tax funds reportedly being used to campaign against Prop 6?Brown was not made available for an interview early Thursday.But he offered a dark take on the global state of affairs in an article released Thursday on the Bulletin's website."There's a great risk of radical disruption being set in motion, and to turn it back and turn to a sustainable future is something that has to start now," he said. "Can we wake people up before the absolute horror has occurred, while these patterns that are inexorably leading to the horror are building up and occurring?" 2884

SACRAMENTO, Calif. (AP) — Two major law enforcement organizations have dropped their opposition to California legislation that strengthens standards for when officers can use of deadly force, a shift that comes after supporters made changes to the measure.Spokesmen for organizations representing California police chiefs and rank-and-file officers told The Associated Press on Thursday that they won't fight the measure, which was prompted by public outrage over fatal police shootings.As originally written, the measure would bar police from using lethal force unless it is "necessary" to defend against an imminent threat of death or serious bodily injury to officers or bystanders.That's a change from the current standard, which lets officers kill if they have "reasonable" fear they or others are in imminent danger. The threshold made it rare for officers to be charged following a shooting and rarer still for them to be convicted."With so many unnecessary deaths, I think everyone agrees that we need to change how deadly force is used in California," said Democratic Assemblywoman Shirley Weber of San Diego, who wrote the measure. "We can now move a policy forward that will save lives and change the culture of policing in California."Law enforcement officials did not immediately explain their decision. But a revised version of the bill filed Thursday drops an explicit definition of "necessary" that was in the original version. The deleted language provided that officers could act when there is "no reasonable alternative."The amended measure also makes it clear that officers are not required to retreat or back down in the face of a suspect's resistance and officers don't lose their right to self-defense if they use "objectively reasonable force."Amendments also strip out a specific requirement that officers try to de-escalate confrontations before using deadly force but allows the courts to consider officers' actions leading up to fatal shootings, said Peter Bibring, police practices director for the American Civil Liberties Union of California, which proposed the bill and negotiated the changes."By requiring that officers use force only when necessary and examining their conduct leading up to use of force, the courts can still consider whether officers needlessly escalated a situation or failed to use de-escalation tactics that could have avoided a shooting," he said.Even with the changes, the ACLU considers the bill to have the strongest language of any in the country.Democratic leaders in the Legislature signed on to the revised version, which is set for a key Assembly vote next week. 2634

ROCHESTER, N.Y. (AP) — People putting their “I Voted” stickers on women’s suffrage leader Susan B. Anthony’s headstone will see something new this year: a plastic cover.Her headstone, in a cemetery in Rochester, New York, now has a shield to prevent further degradation to the marble from the stickers’ glue and the cleaners used to remove the stickers.The sticker trend became popular on Election Day 2016, when as many as 12,000 people visited the cemetery where Anthony is buried.A spring restoration effort had revealed the damage done to the marble marker.This year, WHAM reports that city officials have also marked off a pathway for visitor to follow so they don’t disrupt other gravesites. It’s one way and visitors are asked to maintain 6 feet of social distancing. 782