Waters: Taxpayers Cheated On Fannie, Freddie 'Giveaway'
Waters, a senior Democrat on the House Financial Services Committee, said the settlement "may amount to a backdoor bailout that props up the bank at the expense of taxpayers".
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Waters, a senior Democrat on the House Financial Services Committee, said the settlement "may amount to a backdoor bailout that props up the bank at the expense of taxpayers".
Both the city's mayor and police chief the need to maintain 9,963 police officers as Los Angeles faces a huge cash crunch.
A federal appeals court says it can't decide if California's gay marriage ban is constitutional until the state's highest court first rules on legal standing.
City officials have argued that the cross is part of a secular war memorial, but a federal appellate court has ruled the landmark unconstutional.
Auditor-Controller Wendy Watanabe says about one-fourth of the $2.2 million cellular telephone budget went toward questionable charges.
A nearly 50-year-old heating and cooling facility will get an upgrade after a rocky vote in the City Council.
As the incoming House Oversight and Government Reform chairman, Rep. Darrell Issa is taking aim at what he calls "one of the most corrupt presidents in modern times."
As one of his first acts in office, California's new insurance commissioner says he'll back the national health care reform law by proposing emergency regulation to ramp up enforcement.
As the former prosecutor in the case, San Diego District Attorney Bonnie Dumanis says she's shocked by Arnold Schwarzenegger's decision just hours before he left office.
Democrat Jerry Brown was sworn in Monday as California's 39th governor, returning to the office he left 28 years ago but inheriting a much different and more troubled state than the one he led then.
Top Senate Democrats are warning House Speaker-elect John Boehner they'll block any Republican effort to repeal President Barack Obama's health care overhaul.
Gov. Arnold Schwarzenegger has commuted the manslaughter sentence of Esteban Nunez, the son of former Assembly Speaker Fabian Nunez.
Former Gov. Jerry Brown returns to the state capital this week to lead a much different California than the one he oversaw 28 years ago.
Southland Copts Sunday plan to demonstrate outside the Federal Building in Westwood in response to a New Year's Day car bomb attack on a Coptic Christian Church in Egypt.
California Gov. Arnold Schwarzenegger is sifting through a stack of corporate, Hollywood and real estate offers as the celebrity politician nears an inevitable career crossroad: On Monday, he's out of a job.
