California Governor Jerry Brown has amassed $17 million from a well of donors including Exxon Mobil Corp., Facebook Inc., Microsoft Corp. and even porn mogul Larry Flynt for a re-election campaign without saying he plans to run.
Neel Kashkari, the former Goldman Sachs Group Inc. executive chosen by ex-Treasury Secretary Henry Paulson to help rescue the U.S. banking system, is readying a challenge to California Governor Jerry Brown even as the world’s 10th-largest economy reaches its highest level in more than three decades.
California Governor Jerry Brown likes to brag about how frugal he is. He refused to live in the state mansion during his first term three decades ago and shunned the office’s Cadillac limousine for a Plymouth Satellite sedan.
California Governor Arnold Schwarzenegger and top lawmakers came up with a compromise to close a $19.1 billion deficit and give the state a budget, ending a record three-month impasse with a vote expected next week on the spending plan.
A California court ruled that state Controller John Chiang must comply with an order by Governor Arnold Schwarzenegger to slash the pay of almost 200,000 state workers to the minimum wage until a budget is passed.
California Governor Arnold Schwarzenegger backed off a proposal to borrow $2 billion from the California Public Employees’ Retirement System to help balance a state budget now almost three months overdue.