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Villaraigosa Takes Political Fellowship At Harvard

LOS ANGELES ( — Former Los Angeles Mayor Antonio Villaraigosa will be a "visiting fellow" this fall at Harvard, the Ivy League school announced Monday.

Villaraigosa will serve the short stint in the university's Institute of Politics alongside Mitt Romney, former U.S. Labor Secretary Hilda L. Solis, and Massachusetts area Sen. Mo Cowan, among others.

In July, the former mayor was hired part-time as a Strategic Advisor for the Banc of California.

There, the 60-year-old will "advise on the development of a community banking strategy focused on expanding home ownership, financing entrepreneurs and small businesses, and investing in communities through education and service," the company said in a statement.

In addition to his role at the bank and Harvard, Villaraigosa receives an annual pension of more than $97,000 from the City of Los Angeles.

RELATED: Villaraigosa Takes Job As Strategic Advisor For Banc Of California

(©2013 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

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