California
Kamala Harris raises $12 million in San Francisco, touts California roots
 
In a boisterous homecoming after becoming the Democratic presidential nominee, Vice President Kamala Harris returned to California on Sunday and reveled in being surrounded by supporters she has known for decades, while also warning of a bleak future for the nation if Democrats do not win in November.
“It’s good to be home,” Harris told about 700 people who roared and leaped to their feet as she walked on stage in a hotel ballroom in San Francisco. “This is a room full of dear, dear friends and longstanding supporters — folks I have known for my entire career. … We’ve been through a lot together. I want to thank everyone in here for your love and longstanding support and friendship and for your dedication to this country.”
The mood at the fundraiser was warm and optimistic — one woman in the front row waved a sign that said “Make America Joyful Again.” But Harris turned serious when she argued that fundamental rights such as healthcare, same-sex marriage and abortion are at stake in the race against former President Trump.
Read more: Amid the gloom, doom and anger, can joy win voters over?
“We know what we need to do — we need to knock on doors, we need to register folks to vote, we need to get people to the polls. And every day matters,” she said. “That’s why we’re going to win, but let’s not take anything for granted.”
The event, which drew House Speaker Emeritus Nancy Pelosi, Gov. Gavin Newsom, San Francisco Mayor London Breed, Rep. Barbara Lee, San Francisco Giants Chief Executive Larry Baer and a slew of other elected officials and donors, raised more than $12 million in the city that laid the foundation for Harris’ political career. Tickets cost between $3,300 and $500,000.
Harris worked as a prosecutor and a City Hall attorney in San Francisco before being elected district attorney in 2002, which served as a springboard to her later roles as state attorney general and then U.S. senator.
“This is a good day when we welcome Kamala Harris back home to California,” said Pelosi, who introduced the vice president. “She makes us all so proud, she brings us so much joy, she gives us so much hope.”
The event had the feel of a family reunion. Harris’ niece’s young children posed for pictures in front of a large Harris/Walz campaign sign on the stage. She called out several attendees from the stage, showering the most attention on Newsom. She reminisced about the day in 2004 when they took their oath of office in San Francisco, she as district attorney and he as mayor, and also their work marrying gay couples that year.
“I have known Gavin as a friend and colleague for so, so many years,” she said. “I want to thank you in front of all of our friends who are here for being an extraordinary leader of California and the nation.”
The event capped a whirlwind three weeks in the presidential campaign, with President Biden announcing he would not seek reelection, Democrats quickly coalescing around the vice president as their nominee and Harris selecting Minnesota Gov. Tim Walz as her running mate.
Read more: Harris thrives as she drops Biden’s campaign themes
In Biden’s first interview since he announced he would not seek another term, he said his decision was driven by the importance of beating Trump, the concerns among some members of the House and the Senate that he could harm their chances and that his candidacy could “be a real distraction.”
“The critical issue for me still, it’s not a joke, maintaining this democracy,” he said on an interview that aired on CBS on Sunday. While “it’s a great honor being president, I think I have an obligation to the country to do what I — the most important thing you can do — and that is, we must — we must — we must defeat Trump.”
Harris and Walz spent last week barnstorming battleground states — events that have drawn large crowds.
“Folks are coming to these events and they’re bringing with them so much joy. People are singing and they’re dancing in the aisles long before we get there,” Harris said. “They’re showing up not only because we must beat Donald Trump, they’re showing up because they believe in our country and our freedom.”
On Saturday, the Democrats collected the endorsement of the powerful Culinary Workers Union in Las Vegas, and Harris announced she supported not taxing tips — an immensely popular proposal among service industry workers and one Trump backed in June.
“Copy Cat Kamala directly plagiarized President Trump’s No Tax on Tips policy proposal to let hard-working service workers keep more of their own hard-earned money,” the Republican’s campaign said in a statement.
Sunday’s fundraiser also took place four years from the day Biden selected her to be his running mate, months after Harris’ 2020 presidential campaign sputtered out.
“It’s been the best decision I’ve made,” Biden wrote in a fundraising appeal. “Kamala’s sharp. She’s tough. She’s going to make one hell of a president.”
California Republicans chose the location of Sunday’s fundraiser to cast doubt on Democratic leadership and point out dysfunction in San Francisco.
“For anyone unsure of what a Harris presidency would look like, take some time to tour her hometown where crime is running rampant, homelessness is visible on seemingly every street corner, and storefronts and office spaces sit empty as businesses close and people move away with no plans to return,” said state GOP chairwoman Jessica Millan Patterson in a statement.
Read more: Willie Brown wasn’t on that frightening helicopter ride with Trump. Here’s who was
Given California’s deep blue tilt, it will not be contested in November. But it is home to so many wealthy donors that it provides the most campaign cash to candidates on both sides of the aisle. The GOP’s vice presidential nominee, Sen. JD Vance of Ohio, recently headlined two fundraisers in the state. On Tuesday, Walz is expected to attend a fundraiser in Newport Beach, the same day Second Gentleman Doug Emhoff raises money at an event in Los Angeles.
Attendee Susie Tompkins Buell, the co-founder of Esprit and The North Face who has known Harris since the 1990s, said she could not recall the last time she had seen this much energy among Democrats, which she attributed to Harris’ candidacy as well as the “danger to our country from within” posed by the prospect of Trump winning another term.
“Kamala’s youth and positive energy is like a fresh gust of a cool breeze on a sweltering, humid day. So refreshing and hopeful,” said Tompkins Buell, whose husband served as Harris’ finance chair during her district attorney and attorney general campaigns.
“She has been an important part of our community for years,” added. “I am so impressed by her consistency. She is very confident in who she is and her style has always been the same, just improved. It’s all impressive.”
Get the L.A. Times Politics newsletter. Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond, in your inbox three times per week.
This story originally appeared in Los Angeles Times.
 
																	
																															California
Exclusive: FBI searched California real estate firm linked to bad bank loans
 
														 
Item 1 of 2 The podium for the director of the Federal Bureau of Investigation is seen at FBI headquarters in Washington, U.S. June 14, 2018. REUTERS/Yuri Gripas/File Photo
Sign up here.
On September 11, FBI agents searched Continuum’s Newport Beach, California, offices, law firm Paul Hastings wrote in a September 12 letter seen by Reuters.
Representatives for Continuum did not respond to emails and calls seeking comment. The FBI is an enforcement arm of the Justice Department. Spokespeople for the agencies did not respond to requests for comment. An attorney for Cantor Group said the firm upheld the terms of the Zions and Western Alliance loans and did not provide comment on the government scrutiny.
Allen Matkins, a law firm that represents other entities linked to Continuum, wrote in an October 2 letter that it learned on September 11 that certain of its clients were the subject of search warrants “in connection with a pending criminal investigation,” and that a grand jury had been convened in the case.
Prosecutors typically convene a grand jury when they intend to gather more evidence. The letters did not say which specific criminal authority was leading the case or what potential misconduct or individuals it was focused on.
Criminal investigations do not necessarily mean any wrongdoing has occurred and many do not result in charges.
Reuters is reporting the FBI search and probe for the first time. The government scrutiny could have ripple effects for what legal filings and public records show is a complex web of investors and lenders tied to Continuum’s real estate dealings, some of which are entangled in civil litigation.
Paul Hastings and Allen Matkins are representing parties embroiled in a complex real estate dispute. The letters relate to those proceedings. The Allen Matkins letter was disclosed in a California court.
When asked about the letter by Reuters, a lawyer for Paul Hastings said the firm was “working to unravel multiple levels of alleged fraud,” but did not provide more details.
Allen Matkins did not respond to calls and emails seeking comment.
PASSIVE INVESTORS
Zions on October 15 sued Cantor Group fund guarantors Andrew Stupin and Gerald Marcil, among others, to recover more than $60 million in soured commercial and industrial loans. The next day, Western Alliance flagged that it had sued the pair and a different Cantor fund in August to recover nearly $100 million.
Both suits allege key information was misrepresented or not disclosed, breaching the loan terms. Western Alliance also alleges fraud on the part of the Cantor fund.
Continuum acquires and manages distressed real estate assets for groups of investors, and its largest investors include Stupin and Marcil, according to a February arbitration ruling related to the real estate dispute. That ruling found Cantor “consists solely” of Continuum’s legal owner, Deba Shyam, and shares the Continuum offices. Shyam did not respond to calls and emails seeking comment.
Cantor upheld its contractual obligations and was transparent with its lenders, while the loans were audited and independently reviewed multiple times over the years, said the Cantor attorney Brandon Tran, who also represents Stupin and Marcil.
The pair are passive investors in Cantor and held no operational roles, he added. Cantor in legal filings has disputed that the Western Alliance loan is in default.
In a statement, Marcil said he had invested in several of Continuum’s properties. He denied wrongdoing and said that he was a victim.
Spokespeople for Zions and Western Alliance did not respond to requests for comment.
Reporting by Douglas Gillison and Chris Prentice; Editing by Michelle Price
Our Standards: The Thomson Reuters Trust Principles.
California
California sues truck-makers for breaching zero-emission sales agreement
 
														 
California air quality officials have sued four truck manufacturers for breaching a voluntary agreement to follow the state’s nation-leading emissions rules, the state announced Tuesday.
What happened: Attorney General Rob Bonta’s office filed a complaint Monday in Alameda County Superior Court, arguing that the country’s four largest truck-makers — Daimler Truck North America, International Motors, Paccar and Volvo North America — violated an enforceable contract that they signed with the California Air Resources Board in 2023.
The lawsuit comes two months after the manufacturers filed their own complaint in federal court, arguing the agreement — known as the Clean Truck Partnership — is no longer valid after Republicans overturned California’s Advanced Clean Truck rule in June through the Congressional Review Act.
Why it matters: The move sets up a fight to determine whether the federal system or state courts — where CARB would have a higher likelihood of prevailing — will review the case.
California
California sues USDA over halted SNAP benefits, warning 41 million Americans are at risk
 
														 
- 
																	   New York1 week ago New York1 week agoVideo: How Mamdani Has Evolved in the Mayoral Race 
- 
																	   News1 week ago News1 week agoVideo: Federal Agents Detain Man During New York City Raid 
- 
																	   News1 week ago News1 week agoVideo: Driver Crashes Car Into Security Gate Near White House 
- 
																	   News1 week ago News1 week agoVideo: Inside Our Reporter’s Collection of Guantánamo Portraits 
- 
																	   World1 week ago World1 week agoTrump to host NATO chief at White House as Putin meeting collapses 
- 
																	   Politics1 week ago Politics1 week agoJack Smith defends subpoenaing Republican senators’ phone records: ‘Entirely proper’ 
- 
																	   News1 week ago News1 week agoNew York City ICE raid nets 9 arrests of illegal aliens from West Africa, 4 protesters also arrested 
- 
																	   News4 days ago News4 days agoWith food stamps set to dry up Nov. 1, SNAP recipients say they fear what’s next 
 
									 
									 
									 
									 
									
 
											 
											 
											 
											 
											 
											 
											 
											 
											 
											 
											 
											