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"content": "\u003cp>PG&E said it \u003ca href=\"http://bit.ly/fiorepgebankruptcy\" target=\"_blank\" rel=\"noopener\">plans to file for bankruptcy protection\u003c/a> in the face of massive liabilities from the deadly California wildfires.\u003c/p>\n\u003cp>Fire officials are still investigating whether PG&E equipment caused the Camp Fire that killed at least 86 people and destroyed nearly 14,000 homes in November.\u003c/p>\n\u003cp>State investigators have determined that the utility company’s equipment was responsible for at least 18 wildfires that swept across Northern California in October 2017.\u003c/p>\n\u003cp>Earlier this month, Standard & Poor’s \u003ca href=\"https://www.kqed.org/news/11716710/ratings-service-slashes-pge-credit-to-junk-status\" target=\"_blank\" rel=\"noopener\">downgraded PG&E’s credit rating to junk status\u003c/a>.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>PG&E said it \u003ca href=\"http://bit.ly/fiorepgebankruptcy\" target=\"_blank\" rel=\"noopener\">plans to file for bankruptcy protection\u003c/a> in the face of massive liabilities from the deadly California wildfires.\u003c/p>\n\u003cp>Fire officials are still investigating whether PG&E equipment caused the Camp Fire that killed at least 86 people and destroyed nearly 14,000 homes in November.\u003c/p>\n\u003cp>State investigators have determined that the utility company’s equipment was responsible for at least 18 wildfires that swept across Northern California in October 2017.\u003c/p>\n\u003cp>Earlier this month, Standard & Poor’s \u003ca href=\"https://www.kqed.org/news/11716710/ratings-service-slashes-pge-credit-to-junk-status\" target=\"_blank\" rel=\"noopener\">downgraded PG&E’s credit rating to junk status\u003c/a>.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"title": "PG&E, Facing Vast Payout for Wildfires, Says It Will File for Bankruptcy",
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"content": "\u003cp>[dropcap]P[/dropcap]acific Gas and Electric said it plans to file for bankruptcy protection amid potentially vast liabilities resulting from the deadly California wildfires. The announcement Monday, in the form of \u003ca href=\"https://www.documentcloud.org/documents/5684167-PG-E-Chapter-11-Filing.html\" target=\"_blank\" rel=\"noopener\">a filing with the federal Securities and Exchange Commission\u003c/a>, follows the resignation of the utility's chief executive, Geisha Williams, a day earlier. John Simon, the company's general counsel since 2017, will serve as interim chief executive.\u003c/p>\n\u003cp>Officials are investigating whether the utility's equipment sparked the \u003ca href=\"https://www.kqed.org/news/11705243/california-wildfires-what-you-need-to-know\" target=\"_blank\" rel=\"noopener\">Camp Fire\u003c/a> in November, a blaze that killed 86 people and destroyed nearly 14,000 homes.\u003c/p>\n\u003cp>In addition, Cal Fire investigators have ruled that PG&E equipment was involved in at least 18 of the more than 170 fires that swept Northern California in October 2017. The agency found that the company may have broken state law in 11 of those incidents and referred the cases for possible prosecution.\u003c/p>\n\u003cp>The utility says it is facing at least $30 billion in potential liabilities from the wildfires in 2017 and 2018. Those liability payouts could be delayed or reduced by a bankruptcy filing.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/news/11717228/judge-proposes-draconian-steps-to-end-pge-sparked-wildfires\">Judge Proposes Sweeping Measures to Stop 'PG&E-Inflicted' Wildfires\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/news/11717228/judge-proposes-draconian-steps-to-end-pge-sparked-wildfires\">\u003cimg src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2018/11/PGEPowerPole-1180x804.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>Among other uncertainties facing the company, PG&E said in Monday's SEC filing that it could be found \u003ca href=\"https://www.kqed.org/news/11717228/judge-proposes-draconian-steps-to-end-pge-sparked-wildfires\" target=\"_blank\" rel=\"noopener\">in violation of its criminal probation\u003c/a> imposed after a 2016 conviction for breaking federal pipeline safety laws. That case arose from the 2010 San Bruno natural gas pipeline blast, which killed eight people and devastated a neighborhood in the Peninsula suburb.\u003c/p>\n\u003cp>The judge overseeing the company's probation last week proposed added conditions of supervision, including requiring the company to immediately undertake new inspections of its entire electrical system. In periods of extreme fire danger, the utility would also be barred from operating any part of its power grid that it cannot certify as safe.\u003c/p>\n\u003cp>PG&E also cited \u003ca href=\"https://www.kqed.org/news/11716710/ratings-service-slashes-pge-credit-to-junk-status\" target=\"_blank\" rel=\"noopener\">recent decisions by ratings services\u003c/a> to downgrade the company's credit to \"below investment grade\" — or junk — status as making it far more difficult to raise capital. The company added that it intends to skip a $21.6 million interest payment due Tuesday on one series of its outstanding bonds — a step that could lead to a default on that obligation next month.\u003c/p>\n\u003caside class=\"pullquote alignright\">'Part of what PG&E is doing right now is bargaining with the state of California.'\u003ccite>Michael Wara, director of Stanford's Climate and Energy Policy Program\u003c/cite>\u003c/aside>\n\u003cp>Nevertheless, the company said it will be able to gain access to capital and resources it needs to continue providing service to customers as it restructures. PG&E shares plunged 50 percent in Monday morning trading on the New York Stock Exchange.\u003c/p>\n\u003cp>Chapter 11 of the federal Bankruptcy Code grants companies temporary protection from creditors while allowing a company's operations to continue.\u003c/p>\n\u003cp>Chapter 11 reorganization represents \"the only viable option to address the company's responsibilities to its stakeholders,\" said Richard Kelly, chairman of the board of directors of PG&E, in a statement.\u003c/p>\n\u003cp>\"The Chapter 11 process allows us to work with these many constituents in one court-supervised forum to comprehensively address our potential liabilities and to implement appropriate changes,\" Kelly added.\u003c/p>\n\u003cp>In the filing, PG&E stated the company is working with creditors and several large banks to ensure electricity and natural gas can be provided while bankruptcy proceedings progress.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>Experts say PG&E's announcement needs to be met with some caution as it does not mean a bankruptcy filing is a given.\u003c/p>\n\u003cp>\"Part of what PG&E is doing right now is bargaining with the state of California,\" said Michael Wara, director of Stanford's Climate and Energy Policy Program. \"The company has, according to these filings, enough cash to weather six months to a year operating. But PG&E is unhealthy. It is a sick company. Fire victims will get cents on the dollar. Gov. Newsom will have to make this decision.\"\u003c/p>\n\u003cp>Newsom released a statement urging the company to honor its commitments and debts to customers, energy suppliers and wildfire victims.\u003c/p>\n\u003cfigure id=\"attachment_11718112\" class=\"wp-caption aligncenter\" style=\"max-width: 800px\">\u003cimg class=\"size-medium wp-image-11718112\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/NewsomTrumpBrown-800x541.jpg\" alt=\"Then-Lt. Gov. Gavin Newsom, President Trump and then-Gov. Jerry Brown view devastation caused by the Camp Fire in Paradise on Nov. 17, 2018.\" width=\"800\" height=\"541\" srcset=\"https://ww2.kqed.org/app/uploads/sites/10/2019/01/NewsomTrumpBrown-800x541.jpg 800w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/NewsomTrumpBrown-160x108.jpg 160w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/NewsomTrumpBrown-1020x690.jpg 1020w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/NewsomTrumpBrown-1200x812.jpg 1200w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/NewsomTrumpBrown.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\">\u003cfigcaption class=\"wp-caption-text\">Then-Lt. Gov. Gavin Newsom, President Trump and then-Gov. Jerry Brown view devastation caused by the Camp Fire in Paradise on Nov. 17, 2018. \u003ccite>(SAUL LOEB/AFP/Getty Images)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>During a press conference Monday afternoon Newsom emphasized that he has been speaking with PG&E representatives, and preparing for a possible bankruptcy filing with the California Independent System Operator and Public Utilities Commission. Newsom said that \"the consequences of distrust and mistrust\" between California and PG&E would not be helpful, adding, however, \"I am not naive.\"\u003c/p>\n\u003cp>The California Public Utilities Commission said in an emailed statement that in coordination with the governor's office and other agencies it \"continues to closely monitor PG&E, including developments regarding its leadership, financial status, and legal filings, and is prepared to respond as appropriate.\"\u003c/p>\n\u003cp>\"The CPUC always takes care to ensure that the utilities can provide all customers electric and natural gas service,\" CPUC spokesman Christopher Chow wrote. \"At this point, PG&E has sufficient resources to continue to safely meet its core responsibilities and obligations.\"\u003c/p>\n\u003ch2>Analysts: PG&E Moving into Bankruptcy Protection Quickly\u003c/h2>\n\u003cp>\"In my time, this is the biggest utility failure I've seen,\" said Jacob Kilstein, a securities analyst at Argus Research.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/news/11718123/s-f-considers-buying-some-of-pges-infrastructure-in-wake-of-bankruptcy-plans\" target=\"_blank\">S.F. Considers Buying Some of PG&E’s Infrastructure in Wake of Bankruptcy Plans\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/news/11718123/s-f-considers-buying-some-of-pges-infrastructure-in-wake-of-bankruptcy-plans\" target=\"_blank\">\u003cimg src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/PGETrucksSF-1180x787.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>Kilstein said he was surprised to see PG&E announce its plans to declare bankruptcy.\u003c/p>\n\u003cp>\"I thought the state would serve as a buffer to this and make sure to work something out, as they did with 2017 fires,\" he said.\u003c/p>\n\u003cp>PG&E said it does not expect any impact to its delivery of electricity or natural gas to customers, and the company remains committed to helping communities affected by wildfires in Northern California. Restoration and rebuilding efforts will continue, the company said.\u003c/p>\n\u003cp>Compared to other utility bankruptcies — like that of Texas's \u003ca href=\"https://www.investors.com/research/futures/energy-future-holdings-one-of-the-largest-ever-energy-bankruptcies-nears-finish/\" target=\"_blank\" rel=\"noopener\">Energy Future Holdings\u003c/a>, which took about a year of negotiating before the company formally filed for debt protection in 2014 — PG&E is moving into bankruptcy proceedings very rapidly. That should be a red flag for investors and court claimants alike, according to Douglas Baird, a law professor and bankruptcy specialist at the University of Chicago.\u003c/p>\n\u003cp>\"What you don't want is a free fall entry into bankruptcy,\" Baird said. \"They hope to line up what's called 'debtor in possession' financing. They hope to do a lot of things. But free fall bankruptcy is not generally a good idea.\"\u003c/p>\n\u003cp>PG&E bankruptcy rumors last week prompted the Cal ISO, which oversees the state's electrical grid and monitors the financial status of power companies operating in the state, to issue \u003ca href=\"http://www.caiso.com/Documents/ISOCreditRequirements-PG-E.html\" target=\"_blank\" rel=\"noopener\">a statement\u003c/a> late Friday assuring energy suppliers that the company had sufficient credit to meet its obligations.\u003c/p>\n\u003cp>\"The fact that Cal ISO had to say that was really concerning,\" said Stanford's Wara.\u003c/p>\n\u003ch2>The Lights Will Stay On, But Rates Could Go Up\u003c/h2>\n\u003cp>\"Consumers should not be frightened when they hear that PG&E may decide to file for bankruptcy,\" Mindy Spatt, with San Francisco-based utility watchdog group The Utility Reform Network, said Sunday. \"Their lights are not going to go out. The little blue trucks are not going to stop coming when something goes wrong.\"\u003c/p>\n\u003cp>What bankruptcy might do in the long term, according to Spatt, is force consumers to pay more, just as they did after the utility filed for Chapter 11 bankruptcy in the midst of the energy deregulation meltdown of 2001.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/news/11716710/ratings-service-slashes-pge-credit-to-junk-status\">Ratings Service Slashes PG&E Credit to Junk Status\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/news/11716710/ratings-service-slashes-pge-credit-to-junk-status\">\u003cimg src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/GettyImages-1070764816-1180x805.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>\"Basically, what ended up happening is that our rates went up to cover PG&E's debt,\" Spatt said.\u003c/p>\n\u003cp>San Mateo County state Sen. Jerry Hill said Sunday that legislators will work to protect ratepayers.\u003c/p>\n\u003cp>\"PG&E will do what they always do, and that is to act in their best interest, regardless of the consequences,\" Hill said. \"But that's why we have an important role to play in state government to make sure that ratepayers are protected, that workers are protected and that we not be saddled with a long debt.\"\u003c/p>\n\u003cp>One of the big questions now facing PG&E is whether it will be broken up into smaller utilities, for instance by splitting its gas and electric operations into stand-alone companies. That's a move the company has \u003ca href=\"https://www.kqed.org/news/11716007/devastating-wildfires-force-pge-to-plan-sale-of-gas-assets\" target=\"_blank\" rel=\"noopener\">reportedly contemplated\u003c/a> since last summer and one that the California Public Utilities Commission will discuss as part of a range of possible regulatory actions.\u003c/p>\n\u003cp>\"The future is definitely in question,\" said UC Berkeley Professor Severin Borenstein. \"Somebody is not going to get their money. In the longer run, the state is considering other alternatives than a large, investor-owned utility.\"\u003c/p>\n\u003cp>\u003cem>This story includes reporting from The Associated Press. \u003c/em>\u003c/p>\n\u003cp>[ad floatright]\u003c/p>\n",
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"excerpt": "Company, citing the potential of more than $30 billion in liabilities due to the catastrophic wildfires of 2017-18, says Chapter 11 filing will be 'only viable option' for meeting financial obligations. Experts say company's gas and electric service should be unaffected. ",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>\u003c/p>\u003cp>\u003cspan class=\"utils-parseShortcode-shortcodes-__dropcapShortcode__dropcap\">P\u003c/span>\u003c/p>\u003cp>acific Gas and Electric said it plans to file for bankruptcy protection amid potentially vast liabilities resulting from the deadly California wildfires. The announcement Monday, in the form of \u003ca href=\"https://www.documentcloud.org/documents/5684167-PG-E-Chapter-11-Filing.html\" target=\"_blank\" rel=\"noopener\">a filing with the federal Securities and Exchange Commission\u003c/a>, follows the resignation of the utility's chief executive, Geisha Williams, a day earlier. John Simon, the company's general counsel since 2017, will serve as interim chief executive.\u003c/p>\n\u003cp>Officials are investigating whether the utility's equipment sparked the \u003ca href=\"https://www.kqed.org/news/11705243/california-wildfires-what-you-need-to-know\" target=\"_blank\" rel=\"noopener\">Camp Fire\u003c/a> in November, a blaze that killed 86 people and destroyed nearly 14,000 homes.\u003c/p>\n\u003cp>In addition, Cal Fire investigators have ruled that PG&E equipment was involved in at least 18 of the more than 170 fires that swept Northern California in October 2017. The agency found that the company may have broken state law in 11 of those incidents and referred the cases for possible prosecution.\u003c/p>\n\u003cp>The utility says it is facing at least $30 billion in potential liabilities from the wildfires in 2017 and 2018. Those liability payouts could be delayed or reduced by a bankruptcy filing.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/news/11717228/judge-proposes-draconian-steps-to-end-pge-sparked-wildfires\">Judge Proposes Sweeping Measures to Stop 'PG&E-Inflicted' Wildfires\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/news/11717228/judge-proposes-draconian-steps-to-end-pge-sparked-wildfires\">\u003cimg src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2018/11/PGEPowerPole-1180x804.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>Among other uncertainties facing the company, PG&E said in Monday's SEC filing that it could be found \u003ca href=\"https://www.kqed.org/news/11717228/judge-proposes-draconian-steps-to-end-pge-sparked-wildfires\" target=\"_blank\" rel=\"noopener\">in violation of its criminal probation\u003c/a> imposed after a 2016 conviction for breaking federal pipeline safety laws. That case arose from the 2010 San Bruno natural gas pipeline blast, which killed eight people and devastated a neighborhood in the Peninsula suburb.\u003c/p>\n\u003cp>The judge overseeing the company's probation last week proposed added conditions of supervision, including requiring the company to immediately undertake new inspections of its entire electrical system. In periods of extreme fire danger, the utility would also be barred from operating any part of its power grid that it cannot certify as safe.\u003c/p>\n\u003cp>PG&E also cited \u003ca href=\"https://www.kqed.org/news/11716710/ratings-service-slashes-pge-credit-to-junk-status\" target=\"_blank\" rel=\"noopener\">recent decisions by ratings services\u003c/a> to downgrade the company's credit to \"below investment grade\" — or junk — status as making it far more difficult to raise capital. The company added that it intends to skip a $21.6 million interest payment due Tuesday on one series of its outstanding bonds — a step that could lead to a default on that obligation next month.\u003c/p>\n\u003caside class=\"pullquote alignright\">'Part of what PG&E is doing right now is bargaining with the state of California.'\u003ccite>Michael Wara, director of Stanford's Climate and Energy Policy Program\u003c/cite>\u003c/aside>\n\u003cp>Nevertheless, the company said it will be able to gain access to capital and resources it needs to continue providing service to customers as it restructures. PG&E shares plunged 50 percent in Monday morning trading on the New York Stock Exchange.\u003c/p>\n\u003cp>Chapter 11 of the federal Bankruptcy Code grants companies temporary protection from creditors while allowing a company's operations to continue.\u003c/p>\n\u003cp>Chapter 11 reorganization represents \"the only viable option to address the company's responsibilities to its stakeholders,\" said Richard Kelly, chairman of the board of directors of PG&E, in a statement.\u003c/p>\n\u003cp>\"The Chapter 11 process allows us to work with these many constituents in one court-supervised forum to comprehensively address our potential liabilities and to implement appropriate changes,\" Kelly added.\u003c/p>\n\u003cp>In the filing, PG&E stated the company is working with creditors and several large banks to ensure electricity and natural gas can be provided while bankruptcy proceedings progress.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>Experts say PG&E's announcement needs to be met with some caution as it does not mean a bankruptcy filing is a given.\u003c/p>\n\u003cp>\"Part of what PG&E is doing right now is bargaining with the state of California,\" said Michael Wara, director of Stanford's Climate and Energy Policy Program. \"The company has, according to these filings, enough cash to weather six months to a year operating. But PG&E is unhealthy. It is a sick company. Fire victims will get cents on the dollar. Gov. Newsom will have to make this decision.\"\u003c/p>\n\u003cp>Newsom released a statement urging the company to honor its commitments and debts to customers, energy suppliers and wildfire victims.\u003c/p>\n\u003cfigure id=\"attachment_11718112\" class=\"wp-caption aligncenter\" style=\"max-width: 800px\">\u003cimg class=\"size-medium wp-image-11718112\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/NewsomTrumpBrown-800x541.jpg\" alt=\"Then-Lt. Gov. Gavin Newsom, President Trump and then-Gov. Jerry Brown view devastation caused by the Camp Fire in Paradise on Nov. 17, 2018.\" width=\"800\" height=\"541\" srcset=\"https://ww2.kqed.org/app/uploads/sites/10/2019/01/NewsomTrumpBrown-800x541.jpg 800w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/NewsomTrumpBrown-160x108.jpg 160w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/NewsomTrumpBrown-1020x690.jpg 1020w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/NewsomTrumpBrown-1200x812.jpg 1200w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/NewsomTrumpBrown.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\">\u003cfigcaption class=\"wp-caption-text\">Then-Lt. Gov. Gavin Newsom, President Trump and then-Gov. Jerry Brown view devastation caused by the Camp Fire in Paradise on Nov. 17, 2018. \u003ccite>(SAUL LOEB/AFP/Getty Images)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>During a press conference Monday afternoon Newsom emphasized that he has been speaking with PG&E representatives, and preparing for a possible bankruptcy filing with the California Independent System Operator and Public Utilities Commission. Newsom said that \"the consequences of distrust and mistrust\" between California and PG&E would not be helpful, adding, however, \"I am not naive.\"\u003c/p>\n\u003cp>The California Public Utilities Commission said in an emailed statement that in coordination with the governor's office and other agencies it \"continues to closely monitor PG&E, including developments regarding its leadership, financial status, and legal filings, and is prepared to respond as appropriate.\"\u003c/p>\n\u003cp>\"The CPUC always takes care to ensure that the utilities can provide all customers electric and natural gas service,\" CPUC spokesman Christopher Chow wrote. \"At this point, PG&E has sufficient resources to continue to safely meet its core responsibilities and obligations.\"\u003c/p>\n\u003ch2>Analysts: PG&E Moving into Bankruptcy Protection Quickly\u003c/h2>\n\u003cp>\"In my time, this is the biggest utility failure I've seen,\" said Jacob Kilstein, a securities analyst at Argus Research.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/news/11718123/s-f-considers-buying-some-of-pges-infrastructure-in-wake-of-bankruptcy-plans\" target=\"_blank\">S.F. Considers Buying Some of PG&E’s Infrastructure in Wake of Bankruptcy Plans\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/news/11718123/s-f-considers-buying-some-of-pges-infrastructure-in-wake-of-bankruptcy-plans\" target=\"_blank\">\u003cimg src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/PGETrucksSF-1180x787.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>Kilstein said he was surprised to see PG&E announce its plans to declare bankruptcy.\u003c/p>\n\u003cp>\"I thought the state would serve as a buffer to this and make sure to work something out, as they did with 2017 fires,\" he said.\u003c/p>\n\u003cp>PG&E said it does not expect any impact to its delivery of electricity or natural gas to customers, and the company remains committed to helping communities affected by wildfires in Northern California. Restoration and rebuilding efforts will continue, the company said.\u003c/p>\n\u003cp>Compared to other utility bankruptcies — like that of Texas's \u003ca href=\"https://www.investors.com/research/futures/energy-future-holdings-one-of-the-largest-ever-energy-bankruptcies-nears-finish/\" target=\"_blank\" rel=\"noopener\">Energy Future Holdings\u003c/a>, which took about a year of negotiating before the company formally filed for debt protection in 2014 — PG&E is moving into bankruptcy proceedings very rapidly. That should be a red flag for investors and court claimants alike, according to Douglas Baird, a law professor and bankruptcy specialist at the University of Chicago.\u003c/p>\n\u003cp>\"What you don't want is a free fall entry into bankruptcy,\" Baird said. \"They hope to line up what's called 'debtor in possession' financing. They hope to do a lot of things. But free fall bankruptcy is not generally a good idea.\"\u003c/p>\n\u003cp>PG&E bankruptcy rumors last week prompted the Cal ISO, which oversees the state's electrical grid and monitors the financial status of power companies operating in the state, to issue \u003ca href=\"http://www.caiso.com/Documents/ISOCreditRequirements-PG-E.html\" target=\"_blank\" rel=\"noopener\">a statement\u003c/a> late Friday assuring energy suppliers that the company had sufficient credit to meet its obligations.\u003c/p>\n\u003cp>\"The fact that Cal ISO had to say that was really concerning,\" said Stanford's Wara.\u003c/p>\n\u003ch2>The Lights Will Stay On, But Rates Could Go Up\u003c/h2>\n\u003cp>\"Consumers should not be frightened when they hear that PG&E may decide to file for bankruptcy,\" Mindy Spatt, with San Francisco-based utility watchdog group The Utility Reform Network, said Sunday. \"Their lights are not going to go out. The little blue trucks are not going to stop coming when something goes wrong.\"\u003c/p>\n\u003cp>What bankruptcy might do in the long term, according to Spatt, is force consumers to pay more, just as they did after the utility filed for Chapter 11 bankruptcy in the midst of the energy deregulation meltdown of 2001.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/news/11716710/ratings-service-slashes-pge-credit-to-junk-status\">Ratings Service Slashes PG&E Credit to Junk Status\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/news/11716710/ratings-service-slashes-pge-credit-to-junk-status\">\u003cimg src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/GettyImages-1070764816-1180x805.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>\"Basically, what ended up happening is that our rates went up to cover PG&E's debt,\" Spatt said.\u003c/p>\n\u003cp>San Mateo County state Sen. Jerry Hill said Sunday that legislators will work to protect ratepayers.\u003c/p>\n\u003cp>\"PG&E will do what they always do, and that is to act in their best interest, regardless of the consequences,\" Hill said. \"But that's why we have an important role to play in state government to make sure that ratepayers are protected, that workers are protected and that we not be saddled with a long debt.\"\u003c/p>\n\u003cp>One of the big questions now facing PG&E is whether it will be broken up into smaller utilities, for instance by splitting its gas and electric operations into stand-alone companies. That's a move the company has \u003ca href=\"https://www.kqed.org/news/11716007/devastating-wildfires-force-pge-to-plan-sale-of-gas-assets\" target=\"_blank\" rel=\"noopener\">reportedly contemplated\u003c/a> since last summer and one that the California Public Utilities Commission will discuss as part of a range of possible regulatory actions.\u003c/p>\n\u003cp>\"The future is definitely in question,\" said UC Berkeley Professor Severin Borenstein. \"Somebody is not going to get their money. In the longer run, the state is considering other alternatives than a large, investor-owned utility.\"\u003c/p>\n\u003cp>\u003cem>This story includes reporting from The Associated Press. \u003c/em>\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cp>The field of economics has a problem. At a time when more women than men are graduating from college and earning doctorates, \u003ca href=\"https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.30.4.221\">just a third\u003c/a> of Ph.D.s in economics go to women. That statistic has hardly budged in decades.\u003c/p>\n\u003cp>The lack of gender diversity has trickled its way into one of the field’s biggest employers of economists: the Federal Reserve, which crafts U.S. monetary policy. For most of its existence the Fed has been dominated by men. That’s why it was such a big deal when Janet Yellen became \u003ca href=\"https://www.npr.org/2014/01/31/269496733/after-overcoming-early-obstacles-yellen-assumes-feds-top-job\">the first woman to run the Fed\u003c/a> in 2014.\u003c/p>\n\u003cp>But Lael Brainard, a Federal Reserve governor, says the central bank “has a lot of work to do to have a truly diverse set of leaders.” Brainard, an economist, has spent much of her career as one of the few women in the room when major policy decisions are made.\u003c/p>\n\u003cp>“When you’re sitting around a decision-making table, you look around and you say to yourself: ‘Hmm, this table doesn’t look like a typical classroom in America.’ And until it does we’re not going to be getting the best possible outcomes that this country deserves,” she says.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/news/11717433/find-yourself-in-the-california-legislature-or-not\">Find Yourself in the California Legislature — or Not\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/news/11717433/find-yourself-in-the-california-legislature-or-not\">\u003cimg decoding=\"async\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/Legislators-like-you-PHOTO-1-e1547161083527.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>Brainard says a growing body of research suggests that diversity leads to better decision-making. Top voices at the Fed are raising the red flag at a time when the Fed’s integrity is under intense scrutiny, with President Trump \u003ca href=\"https://www.npr.org/2018/08/20/640332224/trump-not-thrilled-with-fed-chairman-over-interest-rate-hikes\">routinely blasting the central bank\u003c/a> for raising interest rates.\u003c/p>\n\u003cp>The institution has been a political punching bag before, most notably in recent times for its handling of the financial crisis. The seminal legislation that came out of that era, the Dodd-Frank Act, called for the U.S. Government Accountability Office to examine governance at the Federal Reserve Banks. The GAO’s \u003ca href=\"https://www.gao.gov/assets/590/585807.pdf\">2011 report\u003c/a> found that more diversity would strengthen the Fed’s legitimacy.\u003c/p>\n\u003cp>Lawmakers have taken notice. Last Tuesday, Rep. Joyce Beatty, D-Ohio, \u003ca href=\"https://beatty.house.gov/media-center/press-releases/beatty-rule-introduced-in-house-and-senate\">introduced legislation\u003c/a> aimed at boosting diversity among Federal Reserve Bank presidents. It would require that at least one gender-diverse candidate and racially or ethnically diverse candidate gets interviewed when there’s an opening. Sen. Kamala Harris, D-Calif., has introduced companion legislation in the Senate.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>Former Fed chiefs are also concerned and are weighing in.\u003c/p>\n\u003cp>At an \u003ca href=\"https://www.npr.org/sections/money/2019/01/08/683177953/econ-too\">annual gathering\u003c/a> of the American Economic Association in Atlanta last week, former Fed Chairman Ben Bernanke and the association’s new president, acknowledged that a reputation for hostility has kept women — and minorities — away.\u003c/p>\n\u003caside class=\"pullquote alignright\">‘As we try to develop knowledge for the use of policymakers and as we try to develop specific policies, we’re hindered by the lack of diversity in our ranks.’\u003ccite>Amanda Bayer, professor at Swarthmore College\u003c/cite>\u003c/aside>\n\u003cp>“I think it’s very important for economics that we change equilibrium, that we change the perception of economics as being unfriendly to any group of people,” he said during a panel discussion that also included Yellen.\u003c/p>\n\u003cp>She said it “should be the highest priority for us over the next couple of years.” And Yellen said the association, which she will lead starting next year, has formed a committee that will focus on ways to improve “the environment for women and minorities.”\u003c/p>\n\u003cp>In recent years, the Fed has taken deliberate steps to address not just the gender disparity, but also racial and ethnic diversity. A few years ago, it brought on professor Amanda Bayer of Swarthmore College as an adviser.\u003c/p>\n\u003cp>“As we try to develop knowledge for the use of policymakers and as we try to develop specific policies, we’re hindered by the lack of diversity in our ranks,” she says.\u003c/p>\n\u003cp>Bayer organized the Fed’s first national summit on diversity in 2014. That summit is now an annual event. And last month, she partnered with the central bank on \u003ca href=\"https://www.newyorkfed.org/data-and-statistics/data-visualization/diversity-in-economics#interactive/overview\">a new website\u003c/a> that gives U.S. universities a visual scorecard on diversity at the undergraduate level, where she says the problem often begins.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/news/11713470/for-transgender-and-non-binary-protections-california-came-first\">For Transgender and Nonbinary Protections, California Came First\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/news/11713470/for-transgender-and-non-binary-protections-california-came-first\">\u003cimg decoding=\"async\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2018/12/IMG_0043-1180x885.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>“Before very recently, fingers were pointed at women themselves looking to factors like women’s tastes or math preparation as explainers of why they didn’t choose us and join us as economists,” Bayer says.\u003c/p>\n\u003cp>But increasingly, the field is looking within to understand why so few women decide to pursue it. Step one of finding a solution is admitting there’s a problem, says Bayer, and it’s clear that economics has one.\u003c/p>\n\u003cp>\u003ca href=\"https://www.dropbox.com/s/v6q7gfcbv9feef5/Wu_EJMR_paper.pdf?dl=0\"> A thesis\u003c/a> penned by UC Berkeley student Alice Wu helped shine a light on the problem. She used machine learning to analyze posts on an anonymous online jobs forum popular with economics.\u003c/p>\n\u003cp>“She came up with a very convincing case that there was a lot of sexism and a lot of homophobia in the postings on this forum,” says Berkeley professor Martha Olney. “Her research simply codified what lots of people could have told you. But the people who could have told you that were women, people of color, and queer students.”\u003c/p>\n\u003cp>Once the story was \u003ca href=\"https://www.nytimes.com/2017/08/18/upshot/evidence-of-a-toxic-environment-for-women-in-economics.html\">picked up\u003c/a> in \u003cem>The New York Times\u003c/em>, Wu’s paper made the rounds among some of the most prestigious names in the field, and perhaps more significantly, those just starting out in it. It was a wake-up call.\u003c/p>\n\u003caside class=\"pullquote alignright\">‘When you show up, you are female and bringing that to the table is just as important as bringing your skill set to the table.’\u003ccite>Mary Daly, president of the San Francisco Federal Reserve Bank\u003c/cite>\u003c/aside>\n\u003cp>“It made me reflect a little bit about — ‘Are the people I’m surrounding with thinking those things and just not saying them out loud?’ ” says third-year Ph.D. student Nina Roussille.\u003c/p>\n\u003cp>Roussille says an aggressive seminar culture alienates some women. One researcher has said that “trying to \u003ca href=\"https://www.minneapolisfed.org/publications/the-region/interview-with-anne-case\">nail the speaker to the blackboard\u003c/a>” isn’t the goal in other disciplines as it often seems to be in economics.\u003c/p>\n\u003cp>Mary Daly is championing the cause of bringing more women into the Fed by stopping leaks earlier in the pipeline. In October, she took over as president of the San Francisco Federal Reserve Bank. That gave her a vote in the most recent Fed policy meetings this fall.\u003c/p>\n\u003cp>Like the few other women at the top, Daly routinely offers encouragement through speeches, as she did at a Fed-sponsored \u003ca href=\"https://www.stlouisfed.org/education/women-in-economics/symposium-daly-presentation\">symposium for women in economics\u003c/a> last year in St. Louis.\u003c/p>\n\u003cp>“When you show up, you are female and bringing that to the table is just as important as bringing your skill set to the table,” Daly told the audience.\u003c/p>\n\u003cp>A labor economist, Daly has looked at \u003ca href=\"https://www.frbsf.org/economic-research/publications/economic-letter/2018/november/why-are-us-workers-not-participating/\">why more women aren’t in the U.S. workforce\u003c/a>. Rising through the ranks over two decades, she grew interested in why there were hardly any women at the Fed itself, even in entry-level roles.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/perspectives/201601138106/male-privilege\">Perspectives: Male Privilege\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/perspectives/201601138106/male-privilege\">\u003cimg decoding=\"async\" src=\"https://ww2.kqed.org/wp-content/uploads/sites/44/2016/01/LarryLee.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>“I called over 250 colleges myself — placement directors, chairs of departments — and said, ‘What do you think of the Fed?’ And they said it’s an old boys’ club where women wouldn’t be welcome. And I said, ‘Let me talk to you more about the Fed.’ ”\u003c/p>\n\u003cp>Her approach worked. The proportion of women in research associate roles at the San Francisco Fed more than doubled, jumping from 20 percent to 50 percent over the past five years.\u003c/p>\n\u003cp>But bringing them in is one thing. Now the task is getting them to stay — and helping them one day rise to the top of an institution where women remain scarce.\u003c/p>\n\u003cdiv class=\"fullattribution\">\u003cimg decoding=\"async\" src=\"https://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=The+Push+To+Break+Up+The+Boys%27+Club+At+The+Fed&utme=8(APIKey)9(MDAxOTAwOTE4MDEyMTkxMDAzNjczZDljZA004)\">\u003c/div>\n\u003cp>[ad floatright]\u003c/p>\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>The field of economics has a problem. At a time when more women than men are graduating from college and earning doctorates, \u003ca href=\"https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.30.4.221\">just a third\u003c/a> of Ph.D.s in economics go to women. That statistic has hardly budged in decades.\u003c/p>\n\u003cp>The lack of gender diversity has trickled its way into one of the field’s biggest employers of economists: the Federal Reserve, which crafts U.S. monetary policy. For most of its existence the Fed has been dominated by men. That’s why it was such a big deal when Janet Yellen became \u003ca href=\"https://www.npr.org/2014/01/31/269496733/after-overcoming-early-obstacles-yellen-assumes-feds-top-job\">the first woman to run the Fed\u003c/a> in 2014.\u003c/p>\n\u003cp>But Lael Brainard, a Federal Reserve governor, says the central bank “has a lot of work to do to have a truly diverse set of leaders.” Brainard, an economist, has spent much of her career as one of the few women in the room when major policy decisions are made.\u003c/p>\n\u003cp>“When you’re sitting around a decision-making table, you look around and you say to yourself: ‘Hmm, this table doesn’t look like a typical classroom in America.’ And until it does we’re not going to be getting the best possible outcomes that this country deserves,” she says.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/news/11717433/find-yourself-in-the-california-legislature-or-not\">Find Yourself in the California Legislature — or Not\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/news/11717433/find-yourself-in-the-california-legislature-or-not\">\u003cimg decoding=\"async\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/Legislators-like-you-PHOTO-1-e1547161083527.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>Brainard says a growing body of research suggests that diversity leads to better decision-making. Top voices at the Fed are raising the red flag at a time when the Fed’s integrity is under intense scrutiny, with President Trump \u003ca href=\"https://www.npr.org/2018/08/20/640332224/trump-not-thrilled-with-fed-chairman-over-interest-rate-hikes\">routinely blasting the central bank\u003c/a> for raising interest rates.\u003c/p>\n\u003cp>The institution has been a political punching bag before, most notably in recent times for its handling of the financial crisis. The seminal legislation that came out of that era, the Dodd-Frank Act, called for the U.S. Government Accountability Office to examine governance at the Federal Reserve Banks. The GAO’s \u003ca href=\"https://www.gao.gov/assets/590/585807.pdf\">2011 report\u003c/a> found that more diversity would strengthen the Fed’s legitimacy.\u003c/p>\n\u003cp>Lawmakers have taken notice. Last Tuesday, Rep. Joyce Beatty, D-Ohio, \u003ca href=\"https://beatty.house.gov/media-center/press-releases/beatty-rule-introduced-in-house-and-senate\">introduced legislation\u003c/a> aimed at boosting diversity among Federal Reserve Bank presidents. It would require that at least one gender-diverse candidate and racially or ethnically diverse candidate gets interviewed when there’s an opening. Sen. Kamala Harris, D-Calif., has introduced companion legislation in the Senate.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>Former Fed chiefs are also concerned and are weighing in.\u003c/p>\n\u003cp>At an \u003ca href=\"https://www.npr.org/sections/money/2019/01/08/683177953/econ-too\">annual gathering\u003c/a> of the American Economic Association in Atlanta last week, former Fed Chairman Ben Bernanke and the association’s new president, acknowledged that a reputation for hostility has kept women — and minorities — away.\u003c/p>\n\u003caside class=\"pullquote alignright\">‘As we try to develop knowledge for the use of policymakers and as we try to develop specific policies, we’re hindered by the lack of diversity in our ranks.’\u003ccite>Amanda Bayer, professor at Swarthmore College\u003c/cite>\u003c/aside>\n\u003cp>“I think it’s very important for economics that we change equilibrium, that we change the perception of economics as being unfriendly to any group of people,” he said during a panel discussion that also included Yellen.\u003c/p>\n\u003cp>She said it “should be the highest priority for us over the next couple of years.” And Yellen said the association, which she will lead starting next year, has formed a committee that will focus on ways to improve “the environment for women and minorities.”\u003c/p>\n\u003cp>In recent years, the Fed has taken deliberate steps to address not just the gender disparity, but also racial and ethnic diversity. A few years ago, it brought on professor Amanda Bayer of Swarthmore College as an adviser.\u003c/p>\n\u003cp>“As we try to develop knowledge for the use of policymakers and as we try to develop specific policies, we’re hindered by the lack of diversity in our ranks,” she says.\u003c/p>\n\u003cp>Bayer organized the Fed’s first national summit on diversity in 2014. That summit is now an annual event. And last month, she partnered with the central bank on \u003ca href=\"https://www.newyorkfed.org/data-and-statistics/data-visualization/diversity-in-economics#interactive/overview\">a new website\u003c/a> that gives U.S. universities a visual scorecard on diversity at the undergraduate level, where she says the problem often begins.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/news/11713470/for-transgender-and-non-binary-protections-california-came-first\">For Transgender and Nonbinary Protections, California Came First\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/news/11713470/for-transgender-and-non-binary-protections-california-came-first\">\u003cimg decoding=\"async\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2018/12/IMG_0043-1180x885.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>“Before very recently, fingers were pointed at women themselves looking to factors like women’s tastes or math preparation as explainers of why they didn’t choose us and join us as economists,” Bayer says.\u003c/p>\n\u003cp>But increasingly, the field is looking within to understand why so few women decide to pursue it. Step one of finding a solution is admitting there’s a problem, says Bayer, and it’s clear that economics has one.\u003c/p>\n\u003cp>\u003ca href=\"https://www.dropbox.com/s/v6q7gfcbv9feef5/Wu_EJMR_paper.pdf?dl=0\"> A thesis\u003c/a> penned by UC Berkeley student Alice Wu helped shine a light on the problem. She used machine learning to analyze posts on an anonymous online jobs forum popular with economics.\u003c/p>\n\u003cp>“She came up with a very convincing case that there was a lot of sexism and a lot of homophobia in the postings on this forum,” says Berkeley professor Martha Olney. “Her research simply codified what lots of people could have told you. But the people who could have told you that were women, people of color, and queer students.”\u003c/p>\n\u003cp>Once the story was \u003ca href=\"https://www.nytimes.com/2017/08/18/upshot/evidence-of-a-toxic-environment-for-women-in-economics.html\">picked up\u003c/a> in \u003cem>The New York Times\u003c/em>, Wu’s paper made the rounds among some of the most prestigious names in the field, and perhaps more significantly, those just starting out in it. It was a wake-up call.\u003c/p>\n\u003caside class=\"pullquote alignright\">‘When you show up, you are female and bringing that to the table is just as important as bringing your skill set to the table.’\u003ccite>Mary Daly, president of the San Francisco Federal Reserve Bank\u003c/cite>\u003c/aside>\n\u003cp>“It made me reflect a little bit about — ‘Are the people I’m surrounding with thinking those things and just not saying them out loud?’ ” says third-year Ph.D. student Nina Roussille.\u003c/p>\n\u003cp>Roussille says an aggressive seminar culture alienates some women. One researcher has said that “trying to \u003ca href=\"https://www.minneapolisfed.org/publications/the-region/interview-with-anne-case\">nail the speaker to the blackboard\u003c/a>” isn’t the goal in other disciplines as it often seems to be in economics.\u003c/p>\n\u003cp>Mary Daly is championing the cause of bringing more women into the Fed by stopping leaks earlier in the pipeline. In October, she took over as president of the San Francisco Federal Reserve Bank. That gave her a vote in the most recent Fed policy meetings this fall.\u003c/p>\n\u003cp>Like the few other women at the top, Daly routinely offers encouragement through speeches, as she did at a Fed-sponsored \u003ca href=\"https://www.stlouisfed.org/education/women-in-economics/symposium-daly-presentation\">symposium for women in economics\u003c/a> last year in St. Louis.\u003c/p>\n\u003cp>“When you show up, you are female and bringing that to the table is just as important as bringing your skill set to the table,” Daly told the audience.\u003c/p>\n\u003cp>A labor economist, Daly has looked at \u003ca href=\"https://www.frbsf.org/economic-research/publications/economic-letter/2018/november/why-are-us-workers-not-participating/\">why more women aren’t in the U.S. workforce\u003c/a>. Rising through the ranks over two decades, she grew interested in why there were hardly any women at the Fed itself, even in entry-level roles.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/perspectives/201601138106/male-privilege\">Perspectives: Male Privilege\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/perspectives/201601138106/male-privilege\">\u003cimg decoding=\"async\" src=\"https://ww2.kqed.org/wp-content/uploads/sites/44/2016/01/LarryLee.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>“I called over 250 colleges myself — placement directors, chairs of departments — and said, ‘What do you think of the Fed?’ And they said it’s an old boys’ club where women wouldn’t be welcome. And I said, ‘Let me talk to you more about the Fed.’ ”\u003c/p>\n\u003cp>Her approach worked. The proportion of women in research associate roles at the San Francisco Fed more than doubled, jumping from 20 percent to 50 percent over the past five years.\u003c/p>\n\u003cp>But bringing them in is one thing. Now the task is getting them to stay — and helping them one day rise to the top of an institution where women remain scarce.\u003c/p>\n\u003cdiv class=\"fullattribution\">\u003cimg decoding=\"async\" src=\"https://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=The+Push+To+Break+Up+The+Boys%27+Club+At+The+Fed&utme=8(APIKey)9(MDAxOTAwOTE4MDEyMTkxMDAzNjczZDljZA004)\">\u003c/div>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cp>Paying down debt and pension liabilities. Saving for a rainy day.\u003c/p>\n\u003cp>And, funneling billions into programs aimed at closing the state's income inequality gap through an earned income tax credit, universal preschool, increased school funding and shelters for the homeless.\u003c/p>\n\u003cp>Gov. Gavin Newsom unveiled his first budget Thursday, seeking to strike a balance between his predecessor's circumspect approach and the bold vision he promised on the campaign trail with the more than $21 billion surplus his administration is projecting. He spent nearly two hours detailing the $209 billion spending plan to a room packed with reporters, politicians and staffers.\u003c/p>\n\u003cp>\"The message we are advancing here is discipline,\" Newsom said, \"building a strong foundation on which everything else can be built.\"\u003c/p>\n\u003cp>So while Newsom will put $13.6 billion toward eliminating debt, building the state's so-called rainy day fund and paying down unfunded pension liabilities, he also wants to expand the earned income tax credit for working families; start building a universal preschool system; increase overall education spending; and make two years of community college free.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>In a nod to the recent wildfires that have decimated California communities, Newsom also is proposing hundreds of millions in new spending on emergency response and preparedness, including new technology for Cal Fire and $60 million to start upgrading the state's antiquated 911 system.\u003c/p>\n\u003cp>Newsom seemed acutely aware of the oft-repeated recession warnings from his predecessor, Jerry Brown, insisting that he is balancing the potential for a recession while also building the foundation for the ambitious programs he aims to create as California governor.\u003c/p>\n\u003cp>\"We are assuming continued economic expansion — I know that sends shivers up some people's spines,\" he said, adding that he knows Brown often warned that \"the next governor will be standing on a fiscal cliff. That might be true.\"\u003c/p>\n\u003cp>But, he said, his administration is assuming only a 3.2 percent economic growth rate — not the 5 percent that's been assumed in recent years.\u003c/p>\n\u003cp>The budget — which Newsom said he crafted with input from legislative leaders — was largely met with praise from Democrats and outside interest groups. Even Republican lawmakers seemed pleasantly surprised, including Assembly Budget Committee Vice Chair Jay Obernolte, R-Hesperia.\u003c/p>\n\u003cp>“I tell you what, I was very impressed with Gov. Newsom,\" he said, calling out Newsom's focus on paying down debt. \"It was very clear that he’s been involved and engaged with the entire budget process. He was knowledgeable about budget issues. He’s clearly a smart guy.”\u003c/p>\n\u003cp>\u003cstrong>A Focus on Kids\u003c/strong>\u003c/p>\n\u003cp>Newsom is making education — from birth through college — a key focus, proposing initiatives to help working families and parents who are still working to get an education, as well as unveiling a statewide version of the college savings accounts he championed as mayor of San Francisco.\u003c/p>\n\u003cp>Newsom’s K-12 budget is almost $81 million — up from $47.3 million eight years ago during the depth of the recession.\u003c/p>\n\u003cp>In addition to increasing per pupil spending to $16,857 next fiscal year, the governor wants to help local school districts by giving them a one-time infusion of $3 billion to help pay for mounting retirement obligations. His office said the money will help save local education agencies $6.9 billion over the next three decades.\u003c/p>\n\u003cp>But he’s also focusing on preschool and higher education. Among those proposals: a one-time $750 million appropriation to help school districts improve facilities so they can offer full-day kindergarten classes; $125 million to help provide full-day, year-round state preschool to low-income 4-year-olds; and $500 million to expand subsidized child care facilities and help educate child care providers.\u003c/p>\n\u003cp>Newsom also is ordering his administration to create a longer-term plan for providing universal preschool in California.\u003c/p>\n\u003cp>And, he's proposing adding more than $1 billion to University of California and California State University systems, a bump he said should keep tuition flat for students. Included in that money is $15 million for a one-time boost to UC extension centers that help people finish a college degree.\u003c/p>\n\u003cp>“At the UC, since 2000, 60,000 people have ... dropped out, and never got their bachelor degrees,” he said. “I want to go after them.”\u003c/p>\n\u003cp>And, he is proposing a second free year of community college tuition.\u003c/p>\n\u003cp>Newsom is also looking to make things easier for parents — he wants to increase state higher education grants for low-income parents from around $1,600 to $6,000 a year, and is putting $50 million into a pilot program to increase access to college savings accounts. As mayor of San Francisco, he \u003ca href=\"https://twitter.com/TreasurerSF/status/1083461789386301440\" target=\"_blank\" rel=\"noopener\">helped institute a program that seeds every kindergarten student with $50; the accounts have grown to $3.5 million in savings\u003c/a> for students over eight years.\u003c/p>\n\u003cp>\"Even a small amount of money, a couple hundred dollars, increases likelihood that a child goes to college,\" Newsom said. \"When we did this in San Francisco they said it couldn't be done ... we are going to build this throughout the rest of the state.\"\u003c/p>\n\u003cp>\u003cstrong>Health Care for Middle-Class Families and Undocumented Immigrants\u003c/strong>\u003c/p>\n\u003cp>Newsom’s budget dedicates $158.6 billion to health and human services, with the bulk of that going to the Medi-Cal program for low-income Californians. He set aside $260 million specifically to expand Medi-Cal coverage to undocumented young adults ages 19 through 25 — undocumented children are already covered in California. Undocumented immigrants are ineligible for these benefits under the federal Affordable Care Act, so the full cost of their care is carried by the state.\u003c/p>\n\u003cp>The move is largely symbolic. Health advocates and some state lawmakers have been pushing for coverage of all undocumented adults, which carries an estimated cost of $3 billion.\u003c/p>\n\u003cp>“But the symbolism here is quite important,” said Larry Levitt, senior vice president for health reform at the Kaiser Family Foundation. “There could not be a starker contrast between what the governor is trying to do and the immigration debate going on nationally. So it’s an important symbolic move, but it’s not going to solve the problem.”\u003c/p>\n\u003cp>The governor is also contradicting Congress and the White House by calling for the reinstatement of a state-level individual mandate — a requirement that all Californians carry health coverage or pay a penalty. Congress eliminated the federal penalty in its 2017 tax bill, at the president's urging.\u003c/p>\n\u003cp>\"With all due respect to the president of the United States, he's wrong,\" Newsom said. \"I think California is right.\"\u003c/p>\n\u003cp>Newsom plans to use the revenues raised from the fines people pay here — about $500 million — to extend financial assistance to middle-income families to help pay their monthly premiums on health plans bought through Covered California, the state’s Affordable Care Act marketplace. Right now a person who earns $50,000 a year, or 400 percent above the poverty level, gets no financial help. But under Newsom's plan, individuals who earn up to $72,000, will now get a subsidy.\u003c/p>\n\u003cp>This “is a real recognition that [for] many Californians, in particular those that live in the Bay Area and Northern California, the arbitrary line of 400 percent of poverty and after which you get no financial help, doesn’t recognize the real struggles that many Californians have paying for health care,” said Peter Lee, executive director of Covered California. “The governor is the first person in the nation to give a concrete proposal to address the issues of real middle-class Californians that are struggling today.”\u003c/p>\n\u003cp>Health plans are currently on sale through Covered California until Jan. 15.\u003c/p>\n\u003cp>\u003cstrong>Transportation Funds Are Tied to Housing\u003c/strong>'\u003c/p>\n\u003cp>Newsom proposed an additional $1.75 billion in funding for housing, directed toward both local governments and developers of affordable homes, as well as $500 million in one-time funds to help communities build emergency homeless shelters and navigation centers.\u003c/p>\n\u003cp>\"Our housing issue is a poverty issue in the state,\" he said. \"Unless we are serious about this, the state will continue to lose the middle class and the California Dream will be limited.\"\u003c/p>\n\u003cp>But perhaps more significant than any new expenditure was Newsom’s threat to withhold future transportation funds from local governments who don’t meet state housing goals.\u003c/p>\n\u003cp>“We’re going to give (the Department of Housing and Community Development) some more teeth,” Newsom said.\u003c/p>\n\u003cp>The idea would be phased in over multiple years, and Newsom proposed $750 million for grants to cities and counties to help plan for new development.\u003c/p>\n\u003cp>“This is controversial, but no one should be surprised,” Newsom said, given his campaign promises to incentivize housing production.\u003c/p>\n\u003cp>The budget proposal delivered on another oft-cited campaign promise: the expansion of the state’s affordable housing tax credit for developers to $500 million, more than five times the current limit.\u003c/p>\n\u003cp>Another campaign promise around housing, bringing back redevelopment agencies, was scaled down in Newsom’s initial spending plan.\u003c/p>\n\u003cp>Before they were ended in 2011, the agencies allowed local property tax dollars to be siphoned off from schools and public safety, and instead spent on affordable housing and infrastructure.\u003c/p>\n\u003cp>“Bringing back redevelopment, I looked at it,” Newsom said. “We’re putting more money [toward housing] now than when we killed redevelopment,” referring to new bond and tax money allocated toward affordable housing in recent years. “And we’re doing it in a way that doesn’t take money from the education system.”\u003c/p>\n\u003cp>\u003cstrong>Strengthening the Safety Net\u003c/strong>\u003c/p>\n\u003cp>On the campaign trail, Newsom made the state's wealth gap a big issue, and his budget includes several proposals to help close that divide. Chief among them: a more than doubling of the fund, from around $400 million to $1 billion, that pays for the tax credit working families can qualify for. That increase will mean more money for families with kids under 6, and more access for people who make up to $15 an hour.\u003c/p>\n\u003cp>Newsom also said he wants to increase CalWORKs grants — the state's welfare-to-work program — by 13 percent starting in October, a jump that will increase maximum monthly grants by $103 to $888.\u003c/p>\n\u003cp>\"I am sick of the scapegoating of this program and I will defend it,\" Newsom vowed.\u003c/p>\n\u003cp>\u003cstrong>Strengthening California's Emergency System\u003c/strong>\u003c/p>\n\u003cp>Just two days after Newsom was elected, the state's worst fire on record broke out in Butte County, leveling almost 14,000 homes and killing 86 people. Newsom is making emergency response and prevention a cornerstone of this budget, proposing more than $400 million in new spending on firefighting, forest management, improving the 911 system and helping local governments prepare better for disasters.\u003c/p>\n\u003cp>The governor is also proposing three years of assistance to communities that have been decimated by fires, to help with lost property tax revenues and with debris removal.\u003c/p>\n\u003cp>Newsom declined to answer questions about the state's troubled utility, Pacific Gas & Electric, noting that anything he said could impact the financial markets.\u003c/p>\n\u003cp>[ad floatright]\u003c/p>\n\u003cp>\"I want to be cautious here — it is remarkable, every utterance of a governor on this topic has an impact on the market,\" he said, adding that he has been huddling with senior staff on the issue and plans to make an announcement on his proposals for dealing with PG&E in the next \"few\" days.\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>Paying down debt and pension liabilities. Saving for a rainy day.\u003c/p>\n\u003cp>And, funneling billions into programs aimed at closing the state's income inequality gap through an earned income tax credit, universal preschool, increased school funding and shelters for the homeless.\u003c/p>\n\u003cp>Gov. Gavin Newsom unveiled his first budget Thursday, seeking to strike a balance between his predecessor's circumspect approach and the bold vision he promised on the campaign trail with the more than $21 billion surplus his administration is projecting. He spent nearly two hours detailing the $209 billion spending plan to a room packed with reporters, politicians and staffers.\u003c/p>\n\u003cp>\"The message we are advancing here is discipline,\" Newsom said, \"building a strong foundation on which everything else can be built.\"\u003c/p>\n\u003cp>So while Newsom will put $13.6 billion toward eliminating debt, building the state's so-called rainy day fund and paying down unfunded pension liabilities, he also wants to expand the earned income tax credit for working families; start building a universal preschool system; increase overall education spending; and make two years of community college free.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>In a nod to the recent wildfires that have decimated California communities, Newsom also is proposing hundreds of millions in new spending on emergency response and preparedness, including new technology for Cal Fire and $60 million to start upgrading the state's antiquated 911 system.\u003c/p>\n\u003cp>Newsom seemed acutely aware of the oft-repeated recession warnings from his predecessor, Jerry Brown, insisting that he is balancing the potential for a recession while also building the foundation for the ambitious programs he aims to create as California governor.\u003c/p>\n\u003cp>\"We are assuming continued economic expansion — I know that sends shivers up some people's spines,\" he said, adding that he knows Brown often warned that \"the next governor will be standing on a fiscal cliff. That might be true.\"\u003c/p>\n\u003cp>But, he said, his administration is assuming only a 3.2 percent economic growth rate — not the 5 percent that's been assumed in recent years.\u003c/p>\n\u003cp>The budget — which Newsom said he crafted with input from legislative leaders — was largely met with praise from Democrats and outside interest groups. Even Republican lawmakers seemed pleasantly surprised, including Assembly Budget Committee Vice Chair Jay Obernolte, R-Hesperia.\u003c/p>\n\u003cp>“I tell you what, I was very impressed with Gov. Newsom,\" he said, calling out Newsom's focus on paying down debt. \"It was very clear that he’s been involved and engaged with the entire budget process. He was knowledgeable about budget issues. He’s clearly a smart guy.”\u003c/p>\n\u003cp>\u003cstrong>A Focus on Kids\u003c/strong>\u003c/p>\n\u003cp>Newsom is making education — from birth through college — a key focus, proposing initiatives to help working families and parents who are still working to get an education, as well as unveiling a statewide version of the college savings accounts he championed as mayor of San Francisco.\u003c/p>\n\u003cp>Newsom’s K-12 budget is almost $81 million — up from $47.3 million eight years ago during the depth of the recession.\u003c/p>\n\u003cp>In addition to increasing per pupil spending to $16,857 next fiscal year, the governor wants to help local school districts by giving them a one-time infusion of $3 billion to help pay for mounting retirement obligations. His office said the money will help save local education agencies $6.9 billion over the next three decades.\u003c/p>\n\u003cp>But he’s also focusing on preschool and higher education. Among those proposals: a one-time $750 million appropriation to help school districts improve facilities so they can offer full-day kindergarten classes; $125 million to help provide full-day, year-round state preschool to low-income 4-year-olds; and $500 million to expand subsidized child care facilities and help educate child care providers.\u003c/p>\n\u003cp>Newsom also is ordering his administration to create a longer-term plan for providing universal preschool in California.\u003c/p>\n\u003cp>And, he's proposing adding more than $1 billion to University of California and California State University systems, a bump he said should keep tuition flat for students. Included in that money is $15 million for a one-time boost to UC extension centers that help people finish a college degree.\u003c/p>\n\u003cp>“At the UC, since 2000, 60,000 people have ... dropped out, and never got their bachelor degrees,” he said. “I want to go after them.”\u003c/p>\n\u003cp>And, he is proposing a second free year of community college tuition.\u003c/p>\n\u003cp>Newsom is also looking to make things easier for parents — he wants to increase state higher education grants for low-income parents from around $1,600 to $6,000 a year, and is putting $50 million into a pilot program to increase access to college savings accounts. As mayor of San Francisco, he \u003ca href=\"https://twitter.com/TreasurerSF/status/1083461789386301440\" target=\"_blank\" rel=\"noopener\">helped institute a program that seeds every kindergarten student with $50; the accounts have grown to $3.5 million in savings\u003c/a> for students over eight years.\u003c/p>\n\u003cp>\"Even a small amount of money, a couple hundred dollars, increases likelihood that a child goes to college,\" Newsom said. \"When we did this in San Francisco they said it couldn't be done ... we are going to build this throughout the rest of the state.\"\u003c/p>\n\u003cp>\u003cstrong>Health Care for Middle-Class Families and Undocumented Immigrants\u003c/strong>\u003c/p>\n\u003cp>Newsom’s budget dedicates $158.6 billion to health and human services, with the bulk of that going to the Medi-Cal program for low-income Californians. He set aside $260 million specifically to expand Medi-Cal coverage to undocumented young adults ages 19 through 25 — undocumented children are already covered in California. Undocumented immigrants are ineligible for these benefits under the federal Affordable Care Act, so the full cost of their care is carried by the state.\u003c/p>\n\u003cp>The move is largely symbolic. Health advocates and some state lawmakers have been pushing for coverage of all undocumented adults, which carries an estimated cost of $3 billion.\u003c/p>\n\u003cp>“But the symbolism here is quite important,” said Larry Levitt, senior vice president for health reform at the Kaiser Family Foundation. “There could not be a starker contrast between what the governor is trying to do and the immigration debate going on nationally. So it’s an important symbolic move, but it’s not going to solve the problem.”\u003c/p>\n\u003cp>The governor is also contradicting Congress and the White House by calling for the reinstatement of a state-level individual mandate — a requirement that all Californians carry health coverage or pay a penalty. Congress eliminated the federal penalty in its 2017 tax bill, at the president's urging.\u003c/p>\n\u003cp>\"With all due respect to the president of the United States, he's wrong,\" Newsom said. \"I think California is right.\"\u003c/p>\n\u003cp>Newsom plans to use the revenues raised from the fines people pay here — about $500 million — to extend financial assistance to middle-income families to help pay their monthly premiums on health plans bought through Covered California, the state’s Affordable Care Act marketplace. Right now a person who earns $50,000 a year, or 400 percent above the poverty level, gets no financial help. But under Newsom's plan, individuals who earn up to $72,000, will now get a subsidy.\u003c/p>\n\u003cp>This “is a real recognition that [for] many Californians, in particular those that live in the Bay Area and Northern California, the arbitrary line of 400 percent of poverty and after which you get no financial help, doesn’t recognize the real struggles that many Californians have paying for health care,” said Peter Lee, executive director of Covered California. “The governor is the first person in the nation to give a concrete proposal to address the issues of real middle-class Californians that are struggling today.”\u003c/p>\n\u003cp>Health plans are currently on sale through Covered California until Jan. 15.\u003c/p>\n\u003cp>\u003cstrong>Transportation Funds Are Tied to Housing\u003c/strong>'\u003c/p>\n\u003cp>Newsom proposed an additional $1.75 billion in funding for housing, directed toward both local governments and developers of affordable homes, as well as $500 million in one-time funds to help communities build emergency homeless shelters and navigation centers.\u003c/p>\n\u003cp>\"Our housing issue is a poverty issue in the state,\" he said. \"Unless we are serious about this, the state will continue to lose the middle class and the California Dream will be limited.\"\u003c/p>\n\u003cp>But perhaps more significant than any new expenditure was Newsom’s threat to withhold future transportation funds from local governments who don’t meet state housing goals.\u003c/p>\n\u003cp>“We’re going to give (the Department of Housing and Community Development) some more teeth,” Newsom said.\u003c/p>\n\u003cp>The idea would be phased in over multiple years, and Newsom proposed $750 million for grants to cities and counties to help plan for new development.\u003c/p>\n\u003cp>“This is controversial, but no one should be surprised,” Newsom said, given his campaign promises to incentivize housing production.\u003c/p>\n\u003cp>The budget proposal delivered on another oft-cited campaign promise: the expansion of the state’s affordable housing tax credit for developers to $500 million, more than five times the current limit.\u003c/p>\n\u003cp>Another campaign promise around housing, bringing back redevelopment agencies, was scaled down in Newsom’s initial spending plan.\u003c/p>\n\u003cp>Before they were ended in 2011, the agencies allowed local property tax dollars to be siphoned off from schools and public safety, and instead spent on affordable housing and infrastructure.\u003c/p>\n\u003cp>“Bringing back redevelopment, I looked at it,” Newsom said. “We’re putting more money [toward housing] now than when we killed redevelopment,” referring to new bond and tax money allocated toward affordable housing in recent years. “And we’re doing it in a way that doesn’t take money from the education system.”\u003c/p>\n\u003cp>\u003cstrong>Strengthening the Safety Net\u003c/strong>\u003c/p>\n\u003cp>On the campaign trail, Newsom made the state's wealth gap a big issue, and his budget includes several proposals to help close that divide. Chief among them: a more than doubling of the fund, from around $400 million to $1 billion, that pays for the tax credit working families can qualify for. That increase will mean more money for families with kids under 6, and more access for people who make up to $15 an hour.\u003c/p>\n\u003cp>Newsom also said he wants to increase CalWORKs grants — the state's welfare-to-work program — by 13 percent starting in October, a jump that will increase maximum monthly grants by $103 to $888.\u003c/p>\n\u003cp>\"I am sick of the scapegoating of this program and I will defend it,\" Newsom vowed.\u003c/p>\n\u003cp>\u003cstrong>Strengthening California's Emergency System\u003c/strong>\u003c/p>\n\u003cp>Just two days after Newsom was elected, the state's worst fire on record broke out in Butte County, leveling almost 14,000 homes and killing 86 people. Newsom is making emergency response and prevention a cornerstone of this budget, proposing more than $400 million in new spending on firefighting, forest management, improving the 911 system and helping local governments prepare better for disasters.\u003c/p>\n\u003cp>The governor is also proposing three years of assistance to communities that have been decimated by fires, to help with lost property tax revenues and with debris removal.\u003c/p>\n\u003cp>Newsom declined to answer questions about the state's troubled utility, Pacific Gas & Electric, noting that anything he said could impact the financial markets.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"disqusTitle": "Ratings Service Slashes PG&E Credit to Junk Status",
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"content": "\u003cp>Standard and Poor's slashed PG&E's credit rating to junk status as the utility grapples with the fallout from two years of devastating and deadly wildfires in Northern California.\u003c/p>\n\u003cp>The ratings firm cut the company's key rate five notches to \"B\" from \"BBB-.\" The company's stock and bonds have been weighed down since November and took a sharp dive Monday on bankruptcy speculation, with share prices falling a total of roughly 30 percent in trading Monday and Tuesday. The company's stock has lost about 60 percent of its value in the past three months.\u003c/p>\n\u003cp>The utility also announced Tuesday in a regulatory filing that Patrick Hogan, senior vice president of the electric operations unit, will be replaced by Michael Lewis, who has served as vice president of electric distribution operations at the utility. Hogan will retire from the utility on Jan. 28.\u003c/p>\n\u003cp>PG&E is contending with potentially crippling liability costs related to Butte County's Camp Fire, which killed 86 and destroyed more than 15,000 homes in and around the town of Paradise, making it the deadliest and most destructive wildfire in California history. No cause has been determined, but Cal Fire investigators are looking into the potential it was sparked by PG&E equipment. The utility reported to the California Public Utilities Commission of two power outages on transmission lines shortly before the Camp Fire began on the morning of Nov. 8.\u003c/p>\n\u003cp>\u003ca href=\"https://www.kqed.org/news/11716007/devastating-wildfires-force-pge-to-plan-sale-of-gas-assets\" rel=\"noopener\" target=\"_blank\">NPR reported Friday\u003c/a> that PG&E was exploring means to cover its potentially huge liability costs, including selling off its natural gas division and key real estate assets, like its San Francisco headquarters. NPR reported that proceeds from the sale of PG&E's gas division would be used to set up a fund to pay billions of dollars in potential claims.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>Cal Fire investigators have found that at least 18 of the more than 170 wildfires that swept through Northern California in October 2017 were connected to PG&E electrical lines, power poles or other equipment.\u003c/p>\n\u003cp>The \u003ca href=\"https://www.latimes.com/business/la-fi-pge-fires-20190107-story.html\" rel=\"noopener\" target=\"_blank\">Los Angeles Times reported\u003c/a> that PG&E could face up to $30 billion in wildfire liabilities. \u003c/p>\n\u003cp>On Tuesday, German insurance firm Munich Re said in \u003ca href=\"https://www.munichre.com/en/media-relations/publications/press-releases/2019/2019-01-08-press-release/index.html\" rel=\"noopener\" target=\"_blank\">a review of 2018's global disasters\u003c/a> that the Camp Fire was responsible for an estimated $16.5 billion in losses, making it the year's single most expensive \"natural catastrophe.\" \u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cem>This report includes reporting from The Associated Press, NPR and KQED's Don Clyde.\u003c/em>\u003c/p>\n\n",
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"excerpt": "S&P slashed PG&E's rating as the utility grapples with the political and financial fallout from costly and deadly wildfires in California.",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>Standard and Poor's slashed PG&E's credit rating to junk status as the utility grapples with the fallout from two years of devastating and deadly wildfires in Northern California.\u003c/p>\n\u003cp>The ratings firm cut the company's key rate five notches to \"B\" from \"BBB-.\" The company's stock and bonds have been weighed down since November and took a sharp dive Monday on bankruptcy speculation, with share prices falling a total of roughly 30 percent in trading Monday and Tuesday. The company's stock has lost about 60 percent of its value in the past three months.\u003c/p>\n\u003cp>The utility also announced Tuesday in a regulatory filing that Patrick Hogan, senior vice president of the electric operations unit, will be replaced by Michael Lewis, who has served as vice president of electric distribution operations at the utility. Hogan will retire from the utility on Jan. 28.\u003c/p>\n\u003cp>PG&E is contending with potentially crippling liability costs related to Butte County's Camp Fire, which killed 86 and destroyed more than 15,000 homes in and around the town of Paradise, making it the deadliest and most destructive wildfire in California history. No cause has been determined, but Cal Fire investigators are looking into the potential it was sparked by PG&E equipment. The utility reported to the California Public Utilities Commission of two power outages on transmission lines shortly before the Camp Fire began on the morning of Nov. 8.\u003c/p>\n\u003cp>\u003ca href=\"https://www.kqed.org/news/11716007/devastating-wildfires-force-pge-to-plan-sale-of-gas-assets\" rel=\"noopener\" target=\"_blank\">NPR reported Friday\u003c/a> that PG&E was exploring means to cover its potentially huge liability costs, including selling off its natural gas division and key real estate assets, like its San Francisco headquarters. NPR reported that proceeds from the sale of PG&E's gas division would be used to set up a fund to pay billions of dollars in potential claims.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>Cal Fire investigators have found that at least 18 of the more than 170 wildfires that swept through Northern California in October 2017 were connected to PG&E electrical lines, power poles or other equipment.\u003c/p>\n\u003cp>The \u003ca href=\"https://www.latimes.com/business/la-fi-pge-fires-20190107-story.html\" rel=\"noopener\" target=\"_blank\">Los Angeles Times reported\u003c/a> that PG&E could face up to $30 billion in wildfire liabilities. \u003c/p>\n\u003cp>On Tuesday, German insurance firm Munich Re said in \u003ca href=\"https://www.munichre.com/en/media-relations/publications/press-releases/2019/2019-01-08-press-release/index.html\" rel=\"noopener\" target=\"_blank\">a review of 2018's global disasters\u003c/a> that the Camp Fire was responsible for an estimated $16.5 billion in losses, making it the year's single most expensive \"natural catastrophe.\" \u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cem>This report includes reporting from The Associated Press, NPR and KQED's Don Clyde.\u003c/em>\u003c/p>\n\n\u003c/div>\u003c/p>",
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"title": "Here's What California Interest Groups Want to See in Gavin Newsom's Budget",
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"content": "\u003cp>After Gavin Newsom took the oath of office Monday — \u003ca href=\"https://www.kqed.org/news/11716306/a-family-affair-as-gavin-newsom-becomes-californias-40th-governor\" target=\"_blank\" rel=\"noopener\">becoming California’s 40th governor\u003c/a> — attention in the capital is turning to the state budget, Newsom’s first opportunity to officially lay out his administration’s policy priorities.\u003c/p>\n\u003cp>As the most progressive Democrat elected to the state’s highest office in decades, groups on the left \u003ca href=\"https://www.kqed.org/news/11703925/high-expectations-on-the-left-for-governor-elect-gavin-newsom\" target=\"_blank\" rel=\"noopener\">have high expectations\u003c/a> for funding on issues like child care, housing and health care.\u003c/p>\n\u003cp>The latter was addressed on Newsom’s first day in office, when the new governor announced he will \u003ca href=\"https://www.kqed.org/news/11716531/newsoms-first-act-as-governor-expanding-health-coverage\" target=\"_blank\" rel=\"noopener\">propose expanding Medi-Cal\u003c/a> coverage to undocumented immigrants up to age 26.\u003c/p>\n\u003cp>But with state coffers currently flush with cash, interest groups and Democratic legislators will surely press the new governor to spend more of it on their other priorities. Traditionally powerful Sacramento groups representing business and agriculture are also hoping to have their needs addressed in Newsom’s initial spending plan.\u003c/p>\n\u003cp>KQED reached out to a dozen different organizations to ask what they’d like to see from Newsom’s first budget. Here are some of their responses:\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cfigure id=\"attachment_11716247\" class=\"wp-caption alignright\" style=\"max-width: 188px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"wp-image-11716247 size-full\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/Herald-Mike-Legislative-Advocate-2.jpg\" alt=\"\" width=\"188\" height=\"215\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Herald-Mike-Legislative-Advocate-2.jpg 188w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Herald-Mike-Legislative-Advocate-2-160x183.jpg 160w\" sizes=\"auto, (max-width: 188px) 100vw, 188px\">\u003cfigcaption class=\"wp-caption-text\">Mike Herald\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Mike Herald, director of policy advocacy, \u003ca href=\"https://wclp.org/\" target=\"_blank\" rel=\"noopener\">Western Center on Law and Poverty\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“Western Center on Law and Poverty would like to see Governor Newsom end deep poverty for all \u003ca href=\"https://www.cdss.ca.gov/CalWORKS\" target=\"_blank\" rel=\"noopener\">CalWORKS\u003c/a> (California’s public assistance program) families by increasing CalWORKS grants above 50 percent of the federal poverty level.”\u003c/p>\n\u003cfigure id=\"attachment_11715988\" class=\"wp-caption alignright\" style=\"max-width: 185px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\" wp-image-11715988\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/R.-Jacobsen-2014.2.jpg\" alt=\"\" width=\"185\" height=\"187\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/R.-Jacobsen-2014.2.jpg 102w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/R.-Jacobsen-2014.2-32x32.jpg 32w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/R.-Jacobsen-2014.2-50x50.jpg 50w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/R.-Jacobsen-2014.2-64x64.jpg 64w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/R.-Jacobsen-2014.2-96x96.jpg 96w\" sizes=\"auto, (max-width: 185px) 100vw, 185px\">\u003cfigcaption class=\"wp-caption-text\">Ryan Jacobsen\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Ryan Jacobsen, CEO/executive director, \u003ca href=\"http://www.fcfb.org/\" target=\"_blank\" rel=\"noopener\">Fresno County Farm Bureau\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“The Central Valley faces many challenges over the next few years but none greater than the Sustainable Groundwater Management Act (SGMA). Combined with recently adopted increases in the minimum flow requirements to the Delta and water cutbacks from over the past decade, SGMA will have devastating, community-wide impacts. We hope to see Governor Newsom propose resources towards better understanding and mitigating the impacts of SGMA as well as contributing additional finances to capital projects that actually yield water supplies. State and local investment towards SGMA compliance is needed immediately and long-term in order to soften the impending losses.”\u003c/p>\n\u003cfigure id=\"attachment_11715964\" class=\"wp-caption alignright\" style=\"max-width: 190px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\" wp-image-11715964\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/lempert.jpeg\" alt=\"\" width=\"190\" height=\"190\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert.jpeg 400w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-160x160.jpeg 160w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-32x32.jpeg 32w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-50x50.jpeg 50w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-64x64.jpeg 64w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-96x96.jpeg 96w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-128x128.jpeg 128w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-150x150.jpeg 150w\" sizes=\"auto, (max-width: 190px) 100vw, 190px\">\u003cfigcaption class=\"wp-caption-text\">Ted Lempert\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Ted Lempert, president, \u003ca href=\"https://www.childrennow.org/\" target=\"_blank\" rel=\"noopener\">Children Now\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“We hope to see Governor Newsom proposes significant funding to support the whole child. In addition to his \u003ca href=\"https://www.latimes.com/politics/essential/la-pol-ca-essential-politics-may-2018-gov-elect-gavin-newsom-will-propose-1546395091-htmlstory.html\" target=\"_blank\" rel=\"noopener\">proposed investments\u003c/a> in early care and education, we hope to see additional funding for STEM education, especially early math and science for kids-of-color and girls, which will strengthen his focus on early childhood programs and school readiness.”\u003c/p>\n\u003cfigure id=\"attachment_11715974\" class=\"wp-caption alignright\" style=\"max-width: 188px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\" wp-image-11715974\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/Tyrone-Buckley-Housing-California-headshot-1-1024x684-800x534.jpg\" alt=\"\" width=\"188\" height=\"125\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Tyrone-Buckley-Housing-California-headshot-1-1024x684-800x534.jpg 800w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Tyrone-Buckley-Housing-California-headshot-1-1024x684-160x107.jpg 160w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Tyrone-Buckley-Housing-California-headshot-1-1024x684-1020x681.jpg 1020w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Tyrone-Buckley-Housing-California-headshot-1-1024x684.jpg 1024w\" sizes=\"auto, (max-width: 188px) 100vw, 188px\">\u003cfigcaption class=\"wp-caption-text\">Tyrone Buckley\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Tyrone Buckley, policy director at \u003ca href=\"https://www.housingca.org/\" target=\"_blank\" rel=\"noopener\">Housing California\u003cimg loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-11715972\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/buckley.jpg\" alt=\"\" width=\"1\" height=\"1\">\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“We hope to see Gov. Newsom surpass previous administrations by dedicating an ongoing portion of the budget to provide stable, affordable homes for the 1.5 million low-income families over-burdened by housing costs and the 130,000 Californians experiencing homelessness on any given night, which is the foundation we need if the new administration is committed to racial, health, and economic equity.”\u003c/p>\n\u003cfigure id=\"attachment_11715977\" class=\"wp-caption alignright\" style=\"max-width: 185px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\" wp-image-11715977\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/jim-wunderman.jpg\" alt=\"\" width=\"185\" height=\"150\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/jim-wunderman.jpg 734w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/jim-wunderman-160x130.jpg 160w\" sizes=\"auto, (max-width: 185px) 100vw, 185px\">\u003cfigcaption class=\"wp-caption-text\">Jim Wunderman\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Jim Wunderman, president and CEO of the \u003ca href=\"http://www.bayareacouncil.org/\" target=\"_blank\" rel=\"noopener\">Bay Area Council\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“We hope Governor Newsom takes a measured approach to any new spending, focusing on California’s long-term fiscal stability and making strategic investments in critical areas like housing, transportation and education. We’re extremely excited about Gov. Newsom’s announcement to invest almost $2 billion in early education and child care, two areas that can return huge dividends for our economy and quality of life. Even more effective than spending precious public dollars to address California’s biggest challenges is focusing on legislative and policy reforms that can leverage the power of the marketplace to spur investment.”\u003c/p>\n\u003cfigure id=\"attachment_11716557\" class=\"wp-caption alignright\" style=\"max-width: 160px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-11716557\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/RobersonS-160x185.jpg\" alt=\"Stephanie Roberson\" width=\"160\" height=\"185\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RobersonS-160x185.jpg 160w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RobersonS-800x925.jpg 800w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RobersonS-1020x1179.jpg 1020w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RobersonS-1038x1200.jpg 1038w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RobersonS.jpg 1200w\" sizes=\"auto, (max-width: 160px) 100vw, 160px\">\u003cfigcaption class=\"wp-caption-text\">Stephanie Roberson\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Stephanie Roberson, Government Relations Director, \u003ca href=\"https://www.nationalnursesunited.org/california-nurses-association\" target=\"_blank\" rel=\"noopener\">California Nurses Association\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“CNA supports funding that would restore the infrastructure of our communities, including but not limited to public education, access to safety net healthcare, and balancing a full budget. Apart from the budget, our priority for this next governor is to fully implement a \u003cem>Medicare for All\u003c/em> system in the state of California. This system is the best system that can cover all residents where they can enjoy comprehensive, safe, therapeutic health care, not just more insurance.”\u003c/p>\n\u003cfigure id=\"attachment_11716249\" class=\"wp-caption alignright\" style=\"max-width: 160px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"wp-image-11716249 size-thumbnail\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/Lenore-Anderson-1-160x182.jpg\" alt=\"\" width=\"160\" height=\"182\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Lenore-Anderson-1-160x182.jpg 160w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Lenore-Anderson-1.jpg 678w\" sizes=\"auto, (max-width: 160px) 100vw, 160px\">\u003cfigcaption class=\"wp-caption-text\">Lenore Anderson\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Lenore Anderson, executive director of \u003ca href=\"https://safeandjust.org/\" target=\"_blank\" rel=\"noopener\">Californians for Safety and Justice\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“Despite major progress on criminal justice reform and reducing incarceration, the prison budget has remained stubbornly high. We would like to see a reduction in state prison spending in this budget and subsequent budgets and a corollary increase in investments in mental health treatment.”\u003c/p>\n\u003cp>\u003c/p>\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>After Gavin Newsom took the oath of office Monday — \u003ca href=\"https://www.kqed.org/news/11716306/a-family-affair-as-gavin-newsom-becomes-californias-40th-governor\" target=\"_blank\" rel=\"noopener\">becoming California’s 40th governor\u003c/a> — attention in the capital is turning to the state budget, Newsom’s first opportunity to officially lay out his administration’s policy priorities.\u003c/p>\n\u003cp>As the most progressive Democrat elected to the state’s highest office in decades, groups on the left \u003ca href=\"https://www.kqed.org/news/11703925/high-expectations-on-the-left-for-governor-elect-gavin-newsom\" target=\"_blank\" rel=\"noopener\">have high expectations\u003c/a> for funding on issues like child care, housing and health care.\u003c/p>\n\u003cp>The latter was addressed on Newsom’s first day in office, when the new governor announced he will \u003ca href=\"https://www.kqed.org/news/11716531/newsoms-first-act-as-governor-expanding-health-coverage\" target=\"_blank\" rel=\"noopener\">propose expanding Medi-Cal\u003c/a> coverage to undocumented immigrants up to age 26.\u003c/p>\n\u003cp>But with state coffers currently flush with cash, interest groups and Democratic legislators will surely press the new governor to spend more of it on their other priorities. Traditionally powerful Sacramento groups representing business and agriculture are also hoping to have their needs addressed in Newsom’s initial spending plan.\u003c/p>\n\u003cp>KQED reached out to a dozen different organizations to ask what they’d like to see from Newsom’s first budget. Here are some of their responses:\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cfigure id=\"attachment_11716247\" class=\"wp-caption alignright\" style=\"max-width: 188px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"wp-image-11716247 size-full\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/Herald-Mike-Legislative-Advocate-2.jpg\" alt=\"\" width=\"188\" height=\"215\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Herald-Mike-Legislative-Advocate-2.jpg 188w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Herald-Mike-Legislative-Advocate-2-160x183.jpg 160w\" sizes=\"auto, (max-width: 188px) 100vw, 188px\">\u003cfigcaption class=\"wp-caption-text\">Mike Herald\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Mike Herald, director of policy advocacy, \u003ca href=\"https://wclp.org/\" target=\"_blank\" rel=\"noopener\">Western Center on Law and Poverty\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“Western Center on Law and Poverty would like to see Governor Newsom end deep poverty for all \u003ca href=\"https://www.cdss.ca.gov/CalWORKS\" target=\"_blank\" rel=\"noopener\">CalWORKS\u003c/a> (California’s public assistance program) families by increasing CalWORKS grants above 50 percent of the federal poverty level.”\u003c/p>\n\u003cfigure id=\"attachment_11715988\" class=\"wp-caption alignright\" style=\"max-width: 185px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\" wp-image-11715988\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/R.-Jacobsen-2014.2.jpg\" alt=\"\" width=\"185\" height=\"187\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/R.-Jacobsen-2014.2.jpg 102w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/R.-Jacobsen-2014.2-32x32.jpg 32w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/R.-Jacobsen-2014.2-50x50.jpg 50w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/R.-Jacobsen-2014.2-64x64.jpg 64w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/R.-Jacobsen-2014.2-96x96.jpg 96w\" sizes=\"auto, (max-width: 185px) 100vw, 185px\">\u003cfigcaption class=\"wp-caption-text\">Ryan Jacobsen\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Ryan Jacobsen, CEO/executive director, \u003ca href=\"http://www.fcfb.org/\" target=\"_blank\" rel=\"noopener\">Fresno County Farm Bureau\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“The Central Valley faces many challenges over the next few years but none greater than the Sustainable Groundwater Management Act (SGMA). Combined with recently adopted increases in the minimum flow requirements to the Delta and water cutbacks from over the past decade, SGMA will have devastating, community-wide impacts. We hope to see Governor Newsom propose resources towards better understanding and mitigating the impacts of SGMA as well as contributing additional finances to capital projects that actually yield water supplies. State and local investment towards SGMA compliance is needed immediately and long-term in order to soften the impending losses.”\u003c/p>\n\u003cfigure id=\"attachment_11715964\" class=\"wp-caption alignright\" style=\"max-width: 190px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\" wp-image-11715964\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/lempert.jpeg\" alt=\"\" width=\"190\" height=\"190\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert.jpeg 400w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-160x160.jpeg 160w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-32x32.jpeg 32w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-50x50.jpeg 50w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-64x64.jpeg 64w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-96x96.jpeg 96w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-128x128.jpeg 128w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/lempert-150x150.jpeg 150w\" sizes=\"auto, (max-width: 190px) 100vw, 190px\">\u003cfigcaption class=\"wp-caption-text\">Ted Lempert\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Ted Lempert, president, \u003ca href=\"https://www.childrennow.org/\" target=\"_blank\" rel=\"noopener\">Children Now\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“We hope to see Governor Newsom proposes significant funding to support the whole child. In addition to his \u003ca href=\"https://www.latimes.com/politics/essential/la-pol-ca-essential-politics-may-2018-gov-elect-gavin-newsom-will-propose-1546395091-htmlstory.html\" target=\"_blank\" rel=\"noopener\">proposed investments\u003c/a> in early care and education, we hope to see additional funding for STEM education, especially early math and science for kids-of-color and girls, which will strengthen his focus on early childhood programs and school readiness.”\u003c/p>\n\u003cfigure id=\"attachment_11715974\" class=\"wp-caption alignright\" style=\"max-width: 188px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\" wp-image-11715974\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/Tyrone-Buckley-Housing-California-headshot-1-1024x684-800x534.jpg\" alt=\"\" width=\"188\" height=\"125\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Tyrone-Buckley-Housing-California-headshot-1-1024x684-800x534.jpg 800w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Tyrone-Buckley-Housing-California-headshot-1-1024x684-160x107.jpg 160w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Tyrone-Buckley-Housing-California-headshot-1-1024x684-1020x681.jpg 1020w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Tyrone-Buckley-Housing-California-headshot-1-1024x684.jpg 1024w\" sizes=\"auto, (max-width: 188px) 100vw, 188px\">\u003cfigcaption class=\"wp-caption-text\">Tyrone Buckley\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Tyrone Buckley, policy director at \u003ca href=\"https://www.housingca.org/\" target=\"_blank\" rel=\"noopener\">Housing California\u003cimg loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-11715972\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/buckley.jpg\" alt=\"\" width=\"1\" height=\"1\">\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“We hope to see Gov. Newsom surpass previous administrations by dedicating an ongoing portion of the budget to provide stable, affordable homes for the 1.5 million low-income families over-burdened by housing costs and the 130,000 Californians experiencing homelessness on any given night, which is the foundation we need if the new administration is committed to racial, health, and economic equity.”\u003c/p>\n\u003cfigure id=\"attachment_11715977\" class=\"wp-caption alignright\" style=\"max-width: 185px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\" wp-image-11715977\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/jim-wunderman.jpg\" alt=\"\" width=\"185\" height=\"150\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/jim-wunderman.jpg 734w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/jim-wunderman-160x130.jpg 160w\" sizes=\"auto, (max-width: 185px) 100vw, 185px\">\u003cfigcaption class=\"wp-caption-text\">Jim Wunderman\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Jim Wunderman, president and CEO of the \u003ca href=\"http://www.bayareacouncil.org/\" target=\"_blank\" rel=\"noopener\">Bay Area Council\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“We hope Governor Newsom takes a measured approach to any new spending, focusing on California’s long-term fiscal stability and making strategic investments in critical areas like housing, transportation and education. We’re extremely excited about Gov. Newsom’s announcement to invest almost $2 billion in early education and child care, two areas that can return huge dividends for our economy and quality of life. Even more effective than spending precious public dollars to address California’s biggest challenges is focusing on legislative and policy reforms that can leverage the power of the marketplace to spur investment.”\u003c/p>\n\u003cfigure id=\"attachment_11716557\" class=\"wp-caption alignright\" style=\"max-width: 160px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-11716557\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/RobersonS-160x185.jpg\" alt=\"Stephanie Roberson\" width=\"160\" height=\"185\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RobersonS-160x185.jpg 160w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RobersonS-800x925.jpg 800w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RobersonS-1020x1179.jpg 1020w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RobersonS-1038x1200.jpg 1038w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RobersonS.jpg 1200w\" sizes=\"auto, (max-width: 160px) 100vw, 160px\">\u003cfigcaption class=\"wp-caption-text\">Stephanie Roberson\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Stephanie Roberson, Government Relations Director, \u003ca href=\"https://www.nationalnursesunited.org/california-nurses-association\" target=\"_blank\" rel=\"noopener\">California Nurses Association\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“CNA supports funding that would restore the infrastructure of our communities, including but not limited to public education, access to safety net healthcare, and balancing a full budget. Apart from the budget, our priority for this next governor is to fully implement a \u003cem>Medicare for All\u003c/em> system in the state of California. This system is the best system that can cover all residents where they can enjoy comprehensive, safe, therapeutic health care, not just more insurance.”\u003c/p>\n\u003cfigure id=\"attachment_11716249\" class=\"wp-caption alignright\" style=\"max-width: 160px\">\u003cimg loading=\"lazy\" decoding=\"async\" class=\"wp-image-11716249 size-thumbnail\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/Lenore-Anderson-1-160x182.jpg\" alt=\"\" width=\"160\" height=\"182\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Lenore-Anderson-1-160x182.jpg 160w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/Lenore-Anderson-1.jpg 678w\" sizes=\"auto, (max-width: 160px) 100vw, 160px\">\u003cfigcaption class=\"wp-caption-text\">Lenore Anderson\u003c/figcaption>\u003c/figure>\n\u003cp>\u003cstrong>Lenore Anderson, executive director of \u003ca href=\"https://safeandjust.org/\" target=\"_blank\" rel=\"noopener\">Californians for Safety and Justice\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>“Despite major progress on criminal justice reform and reducing incarceration, the prison budget has remained stubbornly high. We would like to see a reduction in state prison spending in this budget and subsequent budgets and a corollary increase in investments in mental health treatment.”\u003c/p>\n\u003cp>\u003c/p>\n\u003c/div>\u003c/p>",
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"content": "\u003cp>California’s newly sworn-in governor didn’t waste any time tackling one of his key campaign pledges: expanding health care access in the Golden State.\u003c/p>\n\u003cp>Gov. Gavin Newsom \u003ca href=\"https://www.facebook.com/GavinNewsom/videos/349455942557314/\">rolled out a package of health care proposals and policies\u003c/a> a few hours after his inauguration, including an \u003ca href=\"https://www.gov.ca.gov/wp-content/uploads/2019/01/1.7.19-EO-N-01-19-1.pdf\">executive order\u003c/a> to create a new California surgeon general, and another that would consolidate the state’s prescription drug negotiating power.\u003c/p>\n\u003cp>Right now, state health care programs like Medi-Cal for low-income Californians, CalPERS for retirees and the prison system all negotiate drug prices separately. Gov. Newsom’s order directs state agencies to bargain together, and opens the door for private employers to join them, creating what Newsom’s office calls the “biggest single-purchaser system for drugs.”\u003c/p>\n\u003cp>The new governor also wants to expand subsidies to help people buy medical coverage through Covered California — the Affordable Care Act marketplace — by both increasing the amount of financial assistance given to current eligible families and expanding access to middle-income families. Under the proposal, individuals who earn $72,000 a year, and a family of four that earns $150,000 could qualify for subsidies.\u003c/p>\n\u003cp>Newsom also wants to give undocumented young adults the ability to stay on Medi-Cal, the state’s Medicaid program, longer. \u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>California already covers undocumented children through Medi-Cal until they turn 19. Newsom’s proposal would extend that to age 26, which is a compromise with health advocates who wanted coverage for all undocumented adults. Because the Affordable Care Act prohibits the use of federal funds to cover people in the country illegally, the entire cost of the Medi-Cal expansion would be shouldered by the state — one reason former Gov. Jerry Brown declined to allocate money for this during his tenure.\u003c/p>\n\u003cp>The expansion of Medi-Cal and the marketplace subsidy changes will all be part of Newsom’s first state budget, set to be unveiled Thursday.\u003c/p>\n\u003cp>In a statement, Newsom said he would pay for the expansions in part by restoring the individual mandate — the requirement that all adults carry health insurance — something Congressional Republicans eliminated with the passage of their tax bill in late 2017.\u003c/p>\n\u003cp>“Every person should have access to quality, affordable health care,” Newsom said in his inaugural address. “Far-away judges and politicians may turn back our progress. But we will never waver in our pursuit of guaranteed health care for all Californians. We will use both our market power and our moral power to demand fairer prices for prescription drugs. We will stop stigmatizing mental health and start supporting it. And we will always protect a woman’s right to choose.”\u003c/p>\n\u003cp>Health care advocates cheered Newsom’s proposals as steps in the right direction.\u003c/p>\n\u003cp>“Our health system is stronger when everyone is included. These steps outlined today would put California on an aspirational and achievable path to universal coverage,” said Anthony Wright, executive director of Health Access California. \u003c/p>\n\u003cp>\u003c/p>\n\u003cp>“Last year, voters supported Governor Newsom in a health care election, and were clamoring not just to protect their care, but for the real, tangible steps to improve access and affordability to care.”\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>California’s newly sworn-in governor didn’t waste any time tackling one of his key campaign pledges: expanding health care access in the Golden State.\u003c/p>\n\u003cp>Gov. Gavin Newsom \u003ca href=\"https://www.facebook.com/GavinNewsom/videos/349455942557314/\">rolled out a package of health care proposals and policies\u003c/a> a few hours after his inauguration, including an \u003ca href=\"https://www.gov.ca.gov/wp-content/uploads/2019/01/1.7.19-EO-N-01-19-1.pdf\">executive order\u003c/a> to create a new California surgeon general, and another that would consolidate the state’s prescription drug negotiating power.\u003c/p>\n\u003cp>Right now, state health care programs like Medi-Cal for low-income Californians, CalPERS for retirees and the prison system all negotiate drug prices separately. Gov. Newsom’s order directs state agencies to bargain together, and opens the door for private employers to join them, creating what Newsom’s office calls the “biggest single-purchaser system for drugs.”\u003c/p>\n\u003cp>The new governor also wants to expand subsidies to help people buy medical coverage through Covered California — the Affordable Care Act marketplace — by both increasing the amount of financial assistance given to current eligible families and expanding access to middle-income families. Under the proposal, individuals who earn $72,000 a year, and a family of four that earns $150,000 could qualify for subsidies.\u003c/p>\n\u003cp>Newsom also wants to give undocumented young adults the ability to stay on Medi-Cal, the state’s Medicaid program, longer. \u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>California already covers undocumented children through Medi-Cal until they turn 19. Newsom’s proposal would extend that to age 26, which is a compromise with health advocates who wanted coverage for all undocumented adults. Because the Affordable Care Act prohibits the use of federal funds to cover people in the country illegally, the entire cost of the Medi-Cal expansion would be shouldered by the state — one reason former Gov. Jerry Brown declined to allocate money for this during his tenure.\u003c/p>\n\u003cp>The expansion of Medi-Cal and the marketplace subsidy changes will all be part of Newsom’s first state budget, set to be unveiled Thursday.\u003c/p>\n\u003cp>In a statement, Newsom said he would pay for the expansions in part by restoring the individual mandate — the requirement that all adults carry health insurance — something Congressional Republicans eliminated with the passage of their tax bill in late 2017.\u003c/p>\n\u003cp>“Every person should have access to quality, affordable health care,” Newsom said in his inaugural address. “Far-away judges and politicians may turn back our progress. But we will never waver in our pursuit of guaranteed health care for all Californians. We will use both our market power and our moral power to demand fairer prices for prescription drugs. We will stop stigmatizing mental health and start supporting it. And we will always protect a woman’s right to choose.”\u003c/p>\n\u003cp>Health care advocates cheered Newsom’s proposals as steps in the right direction.\u003c/p>\n\u003cp>“Our health system is stronger when everyone is included. These steps outlined today would put California on an aspirational and achievable path to universal coverage,” said Anthony Wright, executive director of Health Access California. \u003c/p>\n\u003cp>\u003c/p>\n\u003cp>“Last year, voters supported Governor Newsom in a health care election, and were clamoring not just to protect their care, but for the real, tangible steps to improve access and affordability to care.”\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cp>Outgoing Gov. Jerry Brown's parting piece of advice for newly sworn in Gov. Gavin Newsom? \"\u003ca href=\"http://bit.ly/fiorenewsomoath\" target=\"_blank\" rel=\"noopener\">Don't screw it up\u003c/a>.\"\u003c/p>\n\u003cp>Though Newsom inherits a booming state that is itself the world's fifth-largest economy, California also has the highest rate of child poverty in the United States.\u003c/p>\n\u003cp>In his inaugural address and amid jabs at Trump administration policies, Newsom declared, \"We will be the California to all.\"\u003c/p>\n\u003cp>The new governor's speech was interrupted by the \u003ca href=\"https://www.kqed.org/news/11716306/a-family-affair-as-gavin-newsom-becomes-californias-40th-governor\" target=\"_blank\" rel=\"noopener\">perfectly timed appearance\u003c/a> of his two-year-old son, Dutch Newsom, who wandered onstage as Gov. Newsom talked about early childhood care, education and family separation at the border.\u003c/p>\n\u003cp>\u003cimg class=\"alignnone size-medium wp-image-11716443\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/dutch_011719_final-800x564.jpg\" alt=\"Dutch Newsom by Mark Fiore\" width=\"800\" height=\"564\" srcset=\"https://ww2.kqed.org/app/uploads/sites/10/2019/01/dutch_011719_final-800x564.jpg 800w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/dutch_011719_final-160x113.jpg 160w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/dutch_011719_final-1020x719.jpg 1020w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/dutch_011719_final-1200x846.jpg 1200w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/dutch_011719_final.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\">\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>Outgoing Gov. Jerry Brown's parting piece of advice for newly sworn in Gov. Gavin Newsom? \"\u003ca href=\"http://bit.ly/fiorenewsomoath\" target=\"_blank\" rel=\"noopener\">Don't screw it up\u003c/a>.\"\u003c/p>\n\u003cp>Though Newsom inherits a booming state that is itself the world's fifth-largest economy, California also has the highest rate of child poverty in the United States.\u003c/p>\n\u003cp>In his inaugural address and amid jabs at Trump administration policies, Newsom declared, \"We will be the California to all.\"\u003c/p>\n\u003cp>The new governor's speech was interrupted by the \u003ca href=\"https://www.kqed.org/news/11716306/a-family-affair-as-gavin-newsom-becomes-californias-40th-governor\" target=\"_blank\" rel=\"noopener\">perfectly timed appearance\u003c/a> of his two-year-old son, Dutch Newsom, who wandered onstage as Gov. Newsom talked about early childhood care, education and family separation at the border.\u003c/p>\n\u003cp>\u003cimg class=\"alignnone size-medium wp-image-11716443\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/dutch_011719_final-800x564.jpg\" alt=\"Dutch Newsom by Mark Fiore\" width=\"800\" height=\"564\" srcset=\"https://ww2.kqed.org/app/uploads/sites/10/2019/01/dutch_011719_final-800x564.jpg 800w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/dutch_011719_final-160x113.jpg 160w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/dutch_011719_final-1020x719.jpg 1020w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/dutch_011719_final-1200x846.jpg 1200w, https://ww2.kqed.org/app/uploads/sites/10/2019/01/dutch_011719_final.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\">\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cp>There were three Oakland City Council seats up for grabs on the ballot in November, and every one of them will be filled by a newcomer to the business side of City Hall. \u003c/p>\n\u003cp>One council member, Annie Campbell Washington, \u003ca href=\"https://sanfrancisco.cbslocal.com/2018/04/12/frustrated-oakland-city-councilwoman-wont-run-for-re-election/\" rel=\"noopener\" target=\"_blank\">decided not to run again\u003c/a>, and her District 4 seat will be filled by \u003ca href=\"https://www.shengforoakland.com/\" rel=\"noopener\" target=\"_blank\">Sheng Thao\u003c/a>.\u003c/p>\n\u003cp>But in the case of the District 2 and District 6 seats, challengers defeated incumbents. \u003c/p>\n\u003cp>“We’ve seen history, so to speak,” said John Jones III, a prominent local activist, touching on how rare this was. “This is the first time I’ve known, in a long time, that two incumbents actually were defeated.”\u003c/p>\n\u003cp>Jones introduced \u003ca href=\"https://www.lorentaylor.org/\" rel=\"noopener\" target=\"_blank\">Loren Taylor\u003c/a> and \u003ca href=\"http://www.nikki4oakland.com/\" rel=\"noopener\" target=\"_blank\">Nikki Fortunato Bas\u003c/a>, both seated in the crowd among the folding chairs and comfy couches, at a recent event at the \u003ca href=\"https://www.eastsideartsalliance.org/\" rel=\"noopener\" target=\"_blank\">Eastside Cultural Center\u003c/a> in East Oakland. \u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>Fortunato Bas, the new District 2 council member, and Jones go way back. Jones called her to the front of the room and wrapped her in a giant hug. Fortunato Bas is tiny, Jones broad-shouldered and tall. He engulfed his old friend in his arms and giggled with glee. \u003c/p>\n\u003cp>“I just had a moment,” he said. “My friend is now in office, so I just had this moment.”\u003c/p>\n\u003cp>“I remember the day we met,” Bas said. \u003c/p>\n\u003cp>\u003cstrong>Frustration With the Status Quo\u003c/strong>\u003c/p>\n\u003cp>The friendship between the two activists reveals a lot about Fortunato Bas and her politics. She comes from the organizing, progressive side of the aisle and campaigned with progressive mayoral candidate \u003ca href=\"https://www.kqed.org/forum/2010101867984/election-2018-oakland-mayoral-candidates-pamela-price-and-cat-brooks\" rel=\"noopener\" target=\"_blank\">Cat Brooks\u003c/a>.\u003c/p>\n\u003cp>District 2 runs from East Oakland to Lake Merritt, including much of the lake and Chinatown, where Fortunato Bas started organizing in the 1990s, bringing together Asian women in the neighborhood to fight against wage theft.\u003c/p>\n\u003cp>“I have been committing my life to social justice,” she said. “I just have not seen the leadership from my district, or across the city, that matches the progressive values of our residents.”\u003c/p>\n\u003cp>Fortunato Bas said a lot of people had asked her to take on District 2 incumbent Abel Guillen. Those doing the asking were many of the same folks who had backed Guillen four years ago, but who told Fortunato Bas they were disappointed with his time in office.\u003c/p>\n\u003cp>Guillen started his term by walking into \u003ca href=\"https://www.eastbayexpress.com/SevenDays/archives/2016/03/16/oakland-city-council-advances-controversial-public-land-sale-behind-closed-doors\" rel=\"noopener\" target=\"_blank\">a controversy\u003c/a> not of his making. He arrived at City Hall just as the council was finalizing a deal to sell city-owned land to a for-profit developer. Activists complained that the price tag was scandalously low, calling it a corporate giveaway at a time when land had finally become valuable, and the whole transaction received harsh scrutiny.\u003c/p>\n\u003cfigure id=\"attachment_11716252\" class=\"wp-caption aligncenter\" style=\"max-width: 800px\">\u003cimg loading=\"lazy\" decoding=\"async\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/RS19986_14772659073_f7e7f00d0a_k-qut-800x600.jpg\" alt=\"\" width=\"800\" height=\"600\" class=\"size-medium wp-image-11716252\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RS19986_14772659073_f7e7f00d0a_k-qut-800x600.jpg 800w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RS19986_14772659073_f7e7f00d0a_k-qut-160x120.jpg 160w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RS19986_14772659073_f7e7f00d0a_k-qut-1020x765.jpg 1020w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RS19986_14772659073_f7e7f00d0a_k-qut-1200x900.jpg 1200w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RS19986_14772659073_f7e7f00d0a_k-qut.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\">\u003cfigcaption class=\"wp-caption-text\">“We need to maintain the culture, the blackness, of this city,” said Loren Taylor, newly elected Oakland City Council member. “East Oakland is the last part of the city where we can actually hold on to it.” \u003ccite>(Mike Linksvayer/Flickr)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>Guillen was known as a deal-maker and compromise broker on the council, but Fortunato Bas said voters told her they wanted a more progressive advocate.\u003c/p>\n\u003cp>“We see some real challenges in progressive policies not coming out of City Hall,” she said. \u003c/p>\n\u003cp>It is not that Oakland has not passed progressive policies in the past few years, according to Fortunato Bas. She pointed to a \u003ca href=\"https://ballotpedia.org/City_of_Oakland_Minimum_Wage_Increase_Initiative,_Measure_FF_(November_2014)\" rel=\"noopener\" target=\"_blank\">raise in the minimum wage\u003c/a>, an effort to create a more \u003ca href=\"https://www.eastbaytimes.com/2018/03/22/oakland-citizen-police-commission-to-have-independent-staff/\" rel=\"noopener\" target=\"_blank\">independent citizen-led police commission\u003c/a>, along with housing and homeless measures. \u003c/p>\n\u003cp>But none of those were approved by the City Council. Rather they were given the green light by voters at the ballot box.\u003c/p>\n\u003cp>“Meanwhile all of those could have been more efficiently passed by our city council as policy,” said Fortunato Bas. “That has not been the case.”\u003c/p>\n\u003cp>Fortunato Bas said constituents also told her what people care about has dramatically shifted, from crime to housing.\u003c/p>\n\u003cp>“It’s the first election cycle where safety was not the number one issue. Housing affordability was the number one issue,” she said. \u003c/p>\n\u003cp>\u003cstrong>‘We Need to Maintain the Culture, the Blackness of This City’\u003c/strong>\u003c/p>\n\u003cp>The struggle over who can afford to live in Oakland and who cannot is something Loren Taylor has also heard a lot about in his East Oakland neighborhood, District 6.\u003c/p>\n\u003cp>“We need to maintain the culture, the blackness of this city,” Taylor said. “East Oakland is the last part of the city where we can actually hold on to it.” \u003c/p>\n\u003cp>Other parts of the city have been quicker to gentrify. East Oakland was once perceived as too far, too dangerous, too remote to be desirable to newcomers, but that’s not necessarily the case anymore.\u003c/p>\n\u003cp>Taylor is young and fresh-faced, with wire-rimmed glasses and a wide smile. He grew up in Oakland in a middle-class black family. He said he feels a responsibility to uplift, not uproot, the neighborhood he now represents.\u003c/p>\n\u003cp>“It’s a responsibility to the legacy that my grandparents created when they moved here from the segregated South in the 1940s,” he said.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/news/11703960/libby-schaaf-holds-big-lead-in-race-for-second-term-as-oakland-mayor\">Libby Schaaf Wins Second Term as Oakland Mayor\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/news/11703960/libby-schaaf-holds-big-lead-in-race-for-second-term-as-oakland-mayor\">\u003cimg decoding=\"async\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2018/11/RS33682_110618_AW_Election_11-qut-1180x787.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>Taylor is a biomedical engineer turned managerial consultant and a new face to Oakland’s political scene. To get to City Hall, he had to defeat a prominent figure in Oakland politics, Desley Brooks.\u003c/p>\n\u003cp>Brooks, a longtime councilwoman, was a favorite of progressives, who felt she was their champion on the council. But a scuffle between Brooks and former Black Panther leader Elaine Brown \u003ca href=\"https://www.sfchronicle.com/bayarea/article/Oakland-to-pay-2-2-million-to-settle-ex-Black-13067564.php\" rel=\"noopener\" target=\"_blank\">cost the city $2.2 million\u003c/a> in a lawsuit, leading to bad press. \u003c/p>\n\u003cp>Several groups spent a lot of money to defeat Brooks, but some speculate that what really cost her the seat was that she was rarely visible leading up to the election, \u003ca href=\"https://www.sfchronicle.com/bayarea/otisrtaylorjr/article/Where-is-Desley-Brooks-An-Oakland-13324758.php\" rel=\"noopener\" target=\"_blank\">even missing council meetings\u003c/a>.\u003c/p>\n\u003cp>So Taylor, who was also supported by Mayor Libby Schaaf, did the once unthinkable and pulled off an upset. \u003c/p>\n\u003cp>He said one of his major priorities will be strengthening local businesses. District 6 has long suffered from the kind of economic disinvestment common to traditionally black areas in cities like Oakland. Now that money is flooding into Oakland, his constituents should get a piece of it, Taylor said. \u003c/p>\n\u003cp>“We have to create a strong, solid economic foundation so that District 6 and East Oakland in general becomes a thriving economic hub,” he said. \u003c/p>\n\u003cp>Part of that involves incubating local black and brown businesses, he said, something Taylor said he is already working on.\u003c/p>\n\u003cp>The new members of the City Council will be sworn in on Jan. 7, and their first official meeting is scheduled for the same day. \u003c/p>\n\u003cp>[ad floatright]\u003c/p>\n\u003cp>It is hard to know exactly what role either Fortunato Bas or Taylor will take up on the new council, but the two unequivocally have one thing in common: they rode a wave of frustration with the status quo to defeat incumbents.\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>There were three Oakland City Council seats up for grabs on the ballot in November, and every one of them will be filled by a newcomer to the business side of City Hall. \u003c/p>\n\u003cp>One council member, Annie Campbell Washington, \u003ca href=\"https://sanfrancisco.cbslocal.com/2018/04/12/frustrated-oakland-city-councilwoman-wont-run-for-re-election/\" rel=\"noopener\" target=\"_blank\">decided not to run again\u003c/a>, and her District 4 seat will be filled by \u003ca href=\"https://www.shengforoakland.com/\" rel=\"noopener\" target=\"_blank\">Sheng Thao\u003c/a>.\u003c/p>\n\u003cp>But in the case of the District 2 and District 6 seats, challengers defeated incumbents. \u003c/p>\n\u003cp>“We’ve seen history, so to speak,” said John Jones III, a prominent local activist, touching on how rare this was. “This is the first time I’ve known, in a long time, that two incumbents actually were defeated.”\u003c/p>\n\u003cp>Jones introduced \u003ca href=\"https://www.lorentaylor.org/\" rel=\"noopener\" target=\"_blank\">Loren Taylor\u003c/a> and \u003ca href=\"http://www.nikki4oakland.com/\" rel=\"noopener\" target=\"_blank\">Nikki Fortunato Bas\u003c/a>, both seated in the crowd among the folding chairs and comfy couches, at a recent event at the \u003ca href=\"https://www.eastsideartsalliance.org/\" rel=\"noopener\" target=\"_blank\">Eastside Cultural Center\u003c/a> in East Oakland. \u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>Fortunato Bas, the new District 2 council member, and Jones go way back. Jones called her to the front of the room and wrapped her in a giant hug. Fortunato Bas is tiny, Jones broad-shouldered and tall. He engulfed his old friend in his arms and giggled with glee. \u003c/p>\n\u003cp>“I just had a moment,” he said. “My friend is now in office, so I just had this moment.”\u003c/p>\n\u003cp>“I remember the day we met,” Bas said. \u003c/p>\n\u003cp>\u003cstrong>Frustration With the Status Quo\u003c/strong>\u003c/p>\n\u003cp>The friendship between the two activists reveals a lot about Fortunato Bas and her politics. She comes from the organizing, progressive side of the aisle and campaigned with progressive mayoral candidate \u003ca href=\"https://www.kqed.org/forum/2010101867984/election-2018-oakland-mayoral-candidates-pamela-price-and-cat-brooks\" rel=\"noopener\" target=\"_blank\">Cat Brooks\u003c/a>.\u003c/p>\n\u003cp>District 2 runs from East Oakland to Lake Merritt, including much of the lake and Chinatown, where Fortunato Bas started organizing in the 1990s, bringing together Asian women in the neighborhood to fight against wage theft.\u003c/p>\n\u003cp>“I have been committing my life to social justice,” she said. “I just have not seen the leadership from my district, or across the city, that matches the progressive values of our residents.”\u003c/p>\n\u003cp>Fortunato Bas said a lot of people had asked her to take on District 2 incumbent Abel Guillen. Those doing the asking were many of the same folks who had backed Guillen four years ago, but who told Fortunato Bas they were disappointed with his time in office.\u003c/p>\n\u003cp>Guillen started his term by walking into \u003ca href=\"https://www.eastbayexpress.com/SevenDays/archives/2016/03/16/oakland-city-council-advances-controversial-public-land-sale-behind-closed-doors\" rel=\"noopener\" target=\"_blank\">a controversy\u003c/a> not of his making. He arrived at City Hall just as the council was finalizing a deal to sell city-owned land to a for-profit developer. Activists complained that the price tag was scandalously low, calling it a corporate giveaway at a time when land had finally become valuable, and the whole transaction received harsh scrutiny.\u003c/p>\n\u003cfigure id=\"attachment_11716252\" class=\"wp-caption aligncenter\" style=\"max-width: 800px\">\u003cimg loading=\"lazy\" decoding=\"async\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/01/RS19986_14772659073_f7e7f00d0a_k-qut-800x600.jpg\" alt=\"\" width=\"800\" height=\"600\" class=\"size-medium wp-image-11716252\" srcset=\"https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RS19986_14772659073_f7e7f00d0a_k-qut-800x600.jpg 800w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RS19986_14772659073_f7e7f00d0a_k-qut-160x120.jpg 160w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RS19986_14772659073_f7e7f00d0a_k-qut-1020x765.jpg 1020w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RS19986_14772659073_f7e7f00d0a_k-qut-1200x900.jpg 1200w, https://cdn.kqed.org/wp-content/uploads/sites/10/2019/01/RS19986_14772659073_f7e7f00d0a_k-qut.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\">\u003cfigcaption class=\"wp-caption-text\">“We need to maintain the culture, the blackness, of this city,” said Loren Taylor, newly elected Oakland City Council member. “East Oakland is the last part of the city where we can actually hold on to it.” \u003ccite>(Mike Linksvayer/Flickr)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>Guillen was known as a deal-maker and compromise broker on the council, but Fortunato Bas said voters told her they wanted a more progressive advocate.\u003c/p>\n\u003cp>“We see some real challenges in progressive policies not coming out of City Hall,” she said. \u003c/p>\n\u003cp>It is not that Oakland has not passed progressive policies in the past few years, according to Fortunato Bas. She pointed to a \u003ca href=\"https://ballotpedia.org/City_of_Oakland_Minimum_Wage_Increase_Initiative,_Measure_FF_(November_2014)\" rel=\"noopener\" target=\"_blank\">raise in the minimum wage\u003c/a>, an effort to create a more \u003ca href=\"https://www.eastbaytimes.com/2018/03/22/oakland-citizen-police-commission-to-have-independent-staff/\" rel=\"noopener\" target=\"_blank\">independent citizen-led police commission\u003c/a>, along with housing and homeless measures. \u003c/p>\n\u003cp>But none of those were approved by the City Council. Rather they were given the green light by voters at the ballot box.\u003c/p>\n\u003cp>“Meanwhile all of those could have been more efficiently passed by our city council as policy,” said Fortunato Bas. “That has not been the case.”\u003c/p>\n\u003cp>Fortunato Bas said constituents also told her what people care about has dramatically shifted, from crime to housing.\u003c/p>\n\u003cp>“It’s the first election cycle where safety was not the number one issue. Housing affordability was the number one issue,” she said. \u003c/p>\n\u003cp>\u003cstrong>‘We Need to Maintain the Culture, the Blackness of This City’\u003c/strong>\u003c/p>\n\u003cp>The struggle over who can afford to live in Oakland and who cannot is something Loren Taylor has also heard a lot about in his East Oakland neighborhood, District 6.\u003c/p>\n\u003cp>“We need to maintain the culture, the blackness of this city,” Taylor said. “East Oakland is the last part of the city where we can actually hold on to it.” \u003c/p>\n\u003cp>Other parts of the city have been quicker to gentrify. East Oakland was once perceived as too far, too dangerous, too remote to be desirable to newcomers, but that’s not necessarily the case anymore.\u003c/p>\n\u003cp>Taylor is young and fresh-faced, with wire-rimmed glasses and a wide smile. He grew up in Oakland in a middle-class black family. He said he feels a responsibility to uplift, not uproot, the neighborhood he now represents.\u003c/p>\n\u003cp>“It’s a responsibility to the legacy that my grandparents created when they moved here from the segregated South in the 1940s,” he said.\u003c/p>\n\u003caside class=\"alignright\">\n\u003ch3>\u003ca href=\"https://www.kqed.org/news/11703960/libby-schaaf-holds-big-lead-in-race-for-second-term-as-oakland-mayor\">Libby Schaaf Wins Second Term as Oakland Mayor\u003c/a>\u003c/h3>\n\u003cfigure>\u003ca href=\"https://www.kqed.org/news/11703960/libby-schaaf-holds-big-lead-in-race-for-second-term-as-oakland-mayor\">\u003cimg decoding=\"async\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2018/11/RS33682_110618_AW_Election_11-qut-1180x787.jpg\" alt=\"\">\u003c/a>\u003c/figure>\n\u003c/aside>\n\u003cp>Taylor is a biomedical engineer turned managerial consultant and a new face to Oakland’s political scene. To get to City Hall, he had to defeat a prominent figure in Oakland politics, Desley Brooks.\u003c/p>\n\u003cp>Brooks, a longtime councilwoman, was a favorite of progressives, who felt she was their champion on the council. But a scuffle between Brooks and former Black Panther leader Elaine Brown \u003ca href=\"https://www.sfchronicle.com/bayarea/article/Oakland-to-pay-2-2-million-to-settle-ex-Black-13067564.php\" rel=\"noopener\" target=\"_blank\">cost the city $2.2 million\u003c/a> in a lawsuit, leading to bad press. \u003c/p>\n\u003cp>Several groups spent a lot of money to defeat Brooks, but some speculate that what really cost her the seat was that she was rarely visible leading up to the election, \u003ca href=\"https://www.sfchronicle.com/bayarea/otisrtaylorjr/article/Where-is-Desley-Brooks-An-Oakland-13324758.php\" rel=\"noopener\" target=\"_blank\">even missing council meetings\u003c/a>.\u003c/p>\n\u003cp>So Taylor, who was also supported by Mayor Libby Schaaf, did the once unthinkable and pulled off an upset. \u003c/p>\n\u003cp>He said one of his major priorities will be strengthening local businesses. District 6 has long suffered from the kind of economic disinvestment common to traditionally black areas in cities like Oakland. Now that money is flooding into Oakland, his constituents should get a piece of it, Taylor said. \u003c/p>\n\u003cp>“We have to create a strong, solid economic foundation so that District 6 and East Oakland in general becomes a thriving economic hub,” he said. \u003c/p>\n\u003cp>Part of that involves incubating local black and brown businesses, he said, something Taylor said he is already working on.\u003c/p>\n\u003cp>The new members of the City Council will be sworn in on Jan. 7, and their first official meeting is scheduled for the same day. \u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>It is hard to know exactly what role either Fortunato Bas or Taylor will take up on the new council, but the two unequivocally have one thing in common: they rode a wave of frustration with the status quo to defeat incumbents.\u003c/p>\n\n\u003c/div>\u003c/p>",
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"info": "What kind of no sabo word is Hyphenación? For us, it’s about living within a hyphenation. Like being a third-gen Mexican-American from the Texas border now living that Bay Area Chicano life. Like Xorje! Each week we bring together a couple of hyphenated Latinos to talk all about personal life choices: family, careers, relationships, belonging … everything is on the table. ",
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"info": "Our flagship program, helmed by Kai Ryssdal, examines what the day in money delivered, through stories, conversations, newsworthy numbers and more. Updated Monday through Friday at about 3:30 p.m. PT.",
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"info": "The MindShift podcast explores the innovations in education that are shaping how kids learn. Hosts Ki Sung and Katrina Schwartz introduce listeners to educators, researchers, parents and students who are developing effective ways to improve how kids learn. We cover topics like how fed-up administrators are developing surprising tactics to deal with classroom disruptions; how listening to podcasts are helping kids develop reading skills; the consequences of overparenting; and why interdisciplinary learning can engage students on all ends of the traditional achievement spectrum. This podcast is part of the MindShift education site, a division of KQED News. KQED is an NPR/PBS member station based in San Francisco. You can also visit the MindShift website for episodes and supplemental blog posts or tweet us \u003ca href=\"https://twitter.com/MindShiftKQED\">@MindShiftKQED\u003c/a> or visit us at \u003ca href=\"/mindshift\">MindShift.KQED.org\u003c/a>",
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"info": "For decades, the process for how police police themselves has been inconsistent – if not opaque. In some states, like California, these proceedings were completely hidden. After a new police transparency law unsealed scores of internal affairs files, our reporters set out to examine these cases and the shadow world of police discipline. On Our Watch brings listeners into the rooms where officers are questioned and witnesses are interrogated to find out who this system is really protecting. Is it the officers, or the public they've sworn to serve?",
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"politicalbreakdown": {
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"title": "Political Breakdown",
"tagline": "Politics from a personal perspective",
"info": "Political Breakdown is a new series that explores the political intersection of California and the nation. Each week hosts Scott Shafer and Marisa Lagos are joined with a new special guest to unpack politics -- with personality — and offer an insider’s glimpse at how politics happens.",
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"possible": {
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"title": "Possible",
"info": "Possible is hosted by entrepreneur Reid Hoffman and writer Aria Finger. Together in Possible, Hoffman and Finger lead enlightening discussions about building a brighter collective future. The show features interviews with visionary guests like Trevor Noah, Sam Altman and Janette Sadik-Khan. Possible paints an optimistic portrait of the world we can create through science, policy, business, art and our shared humanity. It asks: What if everything goes right for once? How can we get there? Each episode also includes a short fiction story generated by advanced AI GPT-4, serving as a thought-provoking springboard to speculate how humanity could leverage technology for good.",
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"info": "Each weekday, host Marco Werman and his team of producers bring you the world's most interesting stories in an hour of radio that reminds us just how small our planet really is.",
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"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/The-World-Podcast-Tile-360x360-1.jpg",
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},
"radiolab": {
"id": "radiolab",
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"info": "A two-time Peabody Award-winner, Radiolab is an investigation told through sounds and stories, and centered around one big idea. In the Radiolab world, information sounds like music and science and culture collide. Hosted by Jad Abumrad and Robert Krulwich, the show is designed for listeners who demand skepticism, but appreciate wonder. WNYC Studios is the producer of other leading podcasts including Freakonomics Radio, Death, Sex & Money, On the Media and many more.",
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},
"reveal": {
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"title": "Reveal",
"info": "Created by The Center for Investigative Reporting and PRX, Reveal is public radios first one-hour weekly radio show and podcast dedicated to investigative reporting. Credible, fact based and without a partisan agenda, Reveal combines the power and artistry of driveway moment storytelling with data-rich reporting on critically important issues. The result is stories that inform and inspire, arming our listeners with information to right injustices, hold the powerful accountable and improve lives.Reveal is hosted by Al Letson and showcases the award-winning work of CIR and newsrooms large and small across the nation. In a radio and podcast market crowded with choices, Reveal focuses on important and often surprising stories that illuminate the world for our listeners.",
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"officialWebsiteLink": "https://www.revealnews.org/episodes/",
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},
"rightnowish": {
"id": "rightnowish",
"title": "Rightnowish",
"tagline": "Art is where you find it",
"info": "Rightnowish digs into life in the Bay Area right now… ish. Journalist Pendarvis Harshaw takes us to galleries painted on the sides of liquor stores in West Oakland. We'll dance in warehouses in the Bayview, make smoothies with kids in South Berkeley, and listen to classical music in a 1984 Cutlass Supreme in Richmond. Every week, Pen talks to movers and shakers about how the Bay Area shapes what they create, and how they shape the place we call home.",
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"order": 16
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},
"science-friday": {
"id": "science-friday",
"title": "Science Friday",
"info": "Science Friday is a weekly science talk show, broadcast live over public radio stations nationwide. Each week, the show focuses on science topics that are in the news and tries to bring an educated, balanced discussion to bear on the scientific issues at hand. Panels of expert guests join host Ira Flatow, a veteran science journalist, to discuss science and to take questions from listeners during the call-in portion of the program.",
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