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Neel Kashkari named CEO of Minneapolis Fed

Neel Kashkari, the Republican who ran unsuccessfully against Gov. Jerry Brown in 2014, won’t be running for public office in California again any time soon – he’s trading the warm sun of Laguna Beach for the cold snows of Minneapolis to become president and CEO of that city’s Federal Reserve Bank, effective Jan. 1.

NEEL KASHKARIKashkari, 42, will replace Narayana Kocherlakota, who has served in the post since 2009 and announced last December that he wouldn’t seek reappointment at the end of his term, according to the Minneapolis Fed’s news release.

Kashkari will be part of the Federal Open Market Committee that helps formulate U.S. monetary policy, and will oversee 1,100 employees in Minneapolis and in Helena, Mont., who do economic research, supervise financial institutions and provide payments services to commercial banks and the U.S. government.

Kashkari said in the release that he’s “truly honored” to get the job. “I look forward to working with the Bank’s dedicated staff and continuing the Bank’s long-standing tradition of excellent service to the Ninth Federal Reserve District and to the nation. The Minneapolis Fed has built a strong reputation for economic research and thought leadership as well as excellence in Bank operations. I am delighted that I will be working with the Federal Reserve Bank of Minneapolis team to build on the Bank’s many achievements.”

Kashkari beat a more conservative Republican, then-Assemblyman Tim Donnelly, by about five percentage points to finish second behind Brown in June 2014’s top-two gubernatorial primary. He lost to Brown by 20 percentage points in November’s general election.

Before running against Brown, Kashkari had been a managing director and head of global equities at PIMCO from 2009 to 2013; before that, he served in the Treasury Department from 2006 to 2009, culminating with his oversight of the Troubled Asset Relief Program (TARP) to bail out reeling Wall Street firms under presidents George W. Bush and Barack Obama.

“Mr. Kashkari is an influential leader whose combined experience in the public and private sectors makes him the ideal candidate to head the Minneapolis Fed,” said MayKao Hang, incoming chair of the Minneapolis Fed’s board of directors and co-chair of the search committee. “We were fortunate to have outstanding candidates during our national search. Mr. Kashkari stood out because of his inspiring leadership skills, solutions-oriented nature, collaborative style and deep commitment to public service,” she added.

Posted on Tuesday, November 10th, 2015
Under: 2014 general, 2014 primary, Neel Kashkari | 1 Comment »

Former House candidate lied to feds about threats

A Republican who ran against Rep. Jerry McNerney in the 9th Congressional District last year has been charged with lying to the FBI about death threats she said she received during the campaign – threats she now admits she made up herself.

Karen DavisKaren Davis – who served as the Stanislaus County Clerk-Recorder from 1990 to 2001 and as the Manteca City Clerk from 1981 to 1984 – is charged with making false, fictitious or fraudulent statements or representations to federal law enforcement officers during their investigation into the mailing of threatening letters.

Davis, 67, was arrested at her Lodi home and then released after posting $50,000 bond Thursday, court documents show. She’s scheduled to return to federal court in Sacramento on Nov. 19.

She was one of three Republicans who challenged McNerney, D-Stockton, as he sought a fifth term last year. She finished fourth out of four in the June 2014 top-two primary, with only 6 percent of the vote.

In an affidavit accompanying the criminal complaint, Treasury Agent John Hartman wrote that Davis contacted authorities in December 2013 to report she had received an anonymous letter that read in part, “You will be stopped by those who believe in the soverign [sic] rights. A close up shot to your head or to your husband will be final. You make the decision now not to run for congress.” Federal agents and Lodi police began investigating.

Davis reported receiving a second letter in March 2014, Hartman wrote. That letter said in part, “If you don’t quit very soon, you won’t be warned. YOU WON’T SEE IT COMING! Your family will have to plan a funeral.”

Davis mentioned the threats in several news stories about her candidacy, including articles in the Manteca Bulletin, Lodi News-Sentinel and

“It’s been scary and it’s like throwing a bucket of ice water on democracy,” she told the Bulletin in May 2014. “Nobody should be threatened because they’re running for office, but I’m not somebody that runs from threats. It has changed the way that I can do things, but that doesn’t mean I can’t get the word out and talk about the sorts of things that matter.

The investigation continued, and in February, Davis went to the FBI office in Stockton to be interviewed. She agreed to take a polygraph test but failed it, and then admitted she had written both letters and sent them to herself, Hartman wrote. In a signed statement, Davis wrote that she sent herself the first letter after Lodi police told her she probably wouldn’t be granted a permit to carry a concealed handgun.

Posted on Friday, October 30th, 2015
Under: 2014 primary, Jerry McNerney, U.S. House | 3 Comments »

CA17: Gov. Jerry Brown endorses Mike Honda

Gov. Jerry Brown endorsed Rep. Mike Honda for re-election Tuesday.

Honda stumped for Brown in 2010“Mike Honda has dedicated his career to tackling difficult issues and doing what’s right for working people,” Brown said in Honda’s news release. “After leading the local effort to bring BART to San Jose, Mike got $900 million in federal funding for the project, creating 10,000 jobs for the Silicon Valley. Mike is an effective advocate in Congress for his district and all of California – I’m proud to support him.”

Honda, D-San Jose, said he’s “humbled” to have the governor’s support. “His popularity in my district and across the state reflects the impressive comeback California has made under his strong leadership,” Honda said. “As a member of the Appropriations Committee, I look forward to continuing our work to make important investments in our state and communities.”

Honda, seeking an eighth House term, no doubt also hopes that voters drawn to the polls in November by Brown’s top-of-the-ticket re-election bid will vote for him as well, rather than casting a ballot for his challenger, fellow Democrat and former Obama administration official Ro Khanna of Fremont.

“We congratulate Congressman Honda on this endorsement,” Khanna spokesman Tyler Law said Tuesday. “We only wish he had Governor Brown’s work habits.”

As for other statewide officials, Attorney General Kamala Harris, Controller John Chiang, Treasurer Bill Lockyer, Insurance Commissioner Dave Jones and Superintendent of Public Instruction Tom Torlakson have endorsed Honda as well, while Lt. Gavin Newsom has endorsed Khanna.

Posted on Tuesday, September 2nd, 2014
Under: 2014 primary, Gov. Jerry Brown, Jerry Brown, Mike Honda, U.S. House | 3 Comments »

Worst. Turnout. Ever.

California Secretary of State Debra Bowen certified the June 3 primary election’s results Friday – and voter turnout, it turns out, was the worst ever.

worst turnout everBowen reports only 25.2 percent of registered voters bothered to cast a ballot, the lowest voter turnout of any statewide election in California’s history. The previous low was 29.2 percent in June 2008.

“There is no doubt the turnout number is disappointing, but if ever there was a statewide election where every vote mattered, this was certainly it,” Bowen, the state’s chief elections official, said in a news release. “If there is any silver lining, I hope it’s a reminder to people who didn’t vote in June to take note of close results such as the State Controller contest and commit to going to the polls in November.”

California voters set another record last month: More than 69 percent of those who voted did so by mail-in ballots, beating the previous high of 65 percent in June 2012.

Bowen will publish a Supplement to the Statement of Vote by November 8, which will include details about how votes were cast by each city and each legislative, congressional, county supervisorial district, and Board of Equalization district.

Posted on Friday, July 11th, 2014
Under: 2014 primary, voter registration | 9 Comments »

Perez might seek recount in controller’s race

This just in from Assembly Speaker Emeritus John Perez, who election returns show fell 481 votes short of fellow Democrat Board of Equalization member Betty Yee in their race to finish second in the primary election for state controller:

John Perez“After nearly a month of counting votes and a vote margin of just 1/100th of one percent, out of more than 4 million votes cast, nobody would like to the see this process completed more than we would. Since this is one of closest statewide elections in the history of California, we have an obligation to review and ensure that every vote cast is accurately counted. During our review, we will also determine whether a recount is warranted.”

If these results remain unchanged, Yee will face off against first-place primary finisher Ashley Swearengin, Fresno’s Republican mayor, in November’s general election. The 481 votes by which Yee leads Perez represents 0.012 percent of the 4,039,375 total votes cast in the primary election for controller.

Posted on Tuesday, July 1st, 2014
Under: 2014 primary, John Perez | 3 Comments »

CA15: More time for a recount… if Corbett asks

Contrary to what was reported here last week, state Senate Majority Leader Ellen Corbett has not yet run out of time to request a recount of her apparent defeat in this month’s primary election for the 15th Congressional District.

After Contra Costa County’s results update on Tuesday afternoon, Corbett, D-Hayward, trails Republican candidate Hugh Bussell of Livermore by 430 votes in their battle to finish second after Rep. Eric Swalwell. The second-place finisher, of course, will go on to face Swalwell, D-Dublin, in November’s general election.

A spokesman for Alameda County Registrar Tim Dupuis had said Friday that candidates have five calendar days after the election results are certified – which Dupuis did Friday – in which to request a recount. But Dupuis said Wednesday that because this district spans two counties, candidates actually have five days starting on the 29th day following the election; the 29th day will be July 2, so a recount can be requested up until July 7.

Dupuis said Corbett has not yet requested a recount. Corbett hasn’t returned several calls over the past two weeks seeking comment on her intentions.

Posted on Wednesday, June 25th, 2014
Under: 2014 primary, Ellen Corbett, Eric Swalwell, U.S. House | 5 Comments »

CA15: Corbett silent as recount clock starts

Alameda County Registrar Tim Dupuis certified his county’s primary election results Thursday, starting a five-calendar-day clock in which candidates can request recounts.

That’s particularly germane for state Senate Majority Leader Ellen Corbett, D-Hayward, who is still 413 votes – half a percentage point – behind Republican Hugh Bussell of Livermore in their battle to finish second after Rep. Eric Swalwell in the 15th Congressional District. The second-place finisher, of course, will go on to face Swalwell, D-Dublin, in November’s general election.

Most of the district is in Alameda County, where Corbett beat Bussell by 1,048 votes. But it also includes a small piece of Contra Costa County as well, where Bussell outperformed Corbett by 1,461 votes.

Corbett hasn’t returned six phone calls over the past 10 days, including one this afternoon, inquiring about her intentions (though her Senate staff has issued 10 news releases about her activity in Sacramento during that time). Depuis has not yet received any request from her for a recount, spokesman Guy Ashley said.

Posted on Thursday, June 19th, 2014
Under: 2014 primary, Ellen Corbett, Eric Swalwell, U.S. House | 5 Comments »

CA15: Hope fades for Ellen Corbett

Republican Hugh Bussell leads state Senate Majority Leader Ellen Corbett by 413 votes in their battle to finish second behind Rep. Eric Swalwell in the 15th Congressional District, following Friday’s election-returns update from Contra Costa County.

Contra Costa Registrar Joe Canciamilla said all his county’s ballots are now counted except for about 4,000 with damages, soiling or errors; only a fraction of those would fall in the 15th District, most of which falls in Alameda County where counting was completed earlier this week.

“Based on the data from this run that I have just been given, I don’t think it will make much of a difference in the outcomes,” Canciamilla said. “The close races have margins that are remaining pretty much the same.”

Corbett, D-Hayward, did not return phone calls Friday afternoon. The most recent item on her campaign’s Facebook page was posted Tuesday.

“As we await the final vote tally, I want to take a moment to thank my many supporters, volunteers, and team for an outstanding show of support and dedication,” she wrote. “Together we have shown East Bay voters a real difference and why it matters.”

Hugh BussellBussell, the Alameda County GOP vice chairman from Livermore, sounded ebullient Friday afternoon.

“It still feels like we’re 95 percent there to crossing the T’s and dotting the I’s,” he said. “It isn’t quite official yet and the margin is so slender, and no matter who ends up the winner, it certainly was a great battle.”

“Obviously I’m very pleased with how things have turned out at this point … and I’m looking forward to stepping up the pace between now and November,” Bussell added.

As of Friday’s update, Swalwell, D-Dublin, had finished first with 42,386 votes, or 49.1 percent of all those cast. Given that Corbett ran as a more progressive candidate while Bussell ran as a more conservative candidate, he seems well-situated in the middle to pick up many of Corbett’s votes come November.

Bussell on Friday had 22,204 votes (25.7 percent) and Corbett had 21,791 (25.22 percent).

Posted on Friday, June 13th, 2014
Under: 2014 primary, Ellen Corbett, Eric Swalwell, U.S. House | 7 Comments »

CA15: Bussell’s lead over Corbett has been halved

Republican Hugh Bussell’s narrow lead over state Senate Majority Leader Ellen Corbett in the 15th Congressional District was halved by an election-results update posted Wednesday afternoon by the Alameda County Registrar of Voters.

Bussell, of Livermore, and Corbett, D-San Leandro, are vying to finish second in the race; whoever prevails will face Rep. Eric Swalwell, D-Dublin, in November’s general election. Swalwell finished first with 49.1 percent of the vote in last Tuesday’s primary.

Since the previous update on Saturday, Bussell had led Corbett by 721 votes, or about 1 percent of all votes cast. But after the update at 4 p.m. Wednesday, his lead is now 323 votes, or about four-tenths of a percent.

However, this might be as close as Corbett gets.

This now Alameda County’s “unofficial final” result, spokesman Guy Ashley said Wednesday afternoon – all ballots have now been scanned, and the county is now starting its one-percent manual tally to audit its results, as required by law.

The district also includes a slice of Contra Costa County, where registrar Joe Canciamilla won’t update his online results until Friday; as of Monday, his county had about 6,000 provisional ballots and about 4,000 exception ballots – damaged or otherwise questionable – left to count.

But Bussell has led Corbett in Contra Costa County all along, so it’s unlikely that further results there will help her.

Corbett could not be reached for comment Friday afternoon.

Posted on Wednesday, June 11th, 2014
Under: 2014 primary, Ellen Corbett, Eric Swalwell, U.S. House | 3 Comments »

CA15: Corbett still lags as uncounted ballots wane

A Saturday update in Alameda County’s ballot tally didn’t help state Senate Majority Leader Ellen Corbett gain any ground in her bid to finish second in the 15th Congressional District race.

Ellen CorbettAs of now, Corbett, D-Hayward, trails Republican Hugh Bussell by 721 votes, or about 1 percent of all votes cast in the race; before Saturday’s update, she’d been trailing by 713 votes. Rep. Eric Swalwell, D-Dublin, finished with a more-than-comfortable 49.3 percent of the vote to Bussell’s 25.9 percent and Corbett’s 24.9 percent.

Alameda County, which contains most of the district, still has about 4,500 ballots (1,000 vote-by-mail and about 3,500 provisional) to process county-wide; a spokesman said the registar will next update the results on his website Tuesday afternoon. Contra Costa County has about 10,000 (6,000 provisional and 4,000 exceptions – damaged or otherwise questionable vote-by-mail ballots); registrar Joe Canciamilla said he’ll next update the results on his website Friday before 5 p.m.

But Bussell has basically maintained the same lead as the number of ballots still outstanding has dwindled tremendously since last Wednesday, and so it’s growing ever more unlikely that the relative few ballots remaining will suddenly turn the tide.

Corbett couldn’t be reached for comment Monday.

Posted on Monday, June 9th, 2014
Under: 2014 primary, Ellen Corbett, Eric Swalwell, U.S. House | 9 Comments »