Government

Every city in California needs to do its fair share to create more housing

Some cities have failed to build housing for decades and are willfully ignoring state laws designed to create more of the housing we need. California currently has a deficit of more than 2.5 million homes across our state – and every city is going to have to step up and do its part to close that gap.

C.A.R. urges Gov. Newsom to focus on homeownership

President Otto Catrina today issued the following statement after Gov. Gavin Newsom’s State of the State address: “The State of the State will not improve until California acts to dramatically increase the supply of ownership housing to provide working Californians the stability and prosperity that homeownership provides.

Biden signs order on cryptocurrency as its use explodes

President Joe Biden on Wednesday signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.

Pariahs no more? US reaches out to oil states as prices rise

Three checkered oil regimes that President Joe Biden and past U.S. leaders have spectacularly snubbed — Venezuela, Saudi Arabia and Iran — are now targets of U.S. outreach as global fuel prices reach jarring levels during the Ukraine crisis.

US strikes harder at Putin, banning all Russian oil imports

Striking harder at Russia’s economy, President Joe Biden on Tuesday ordered a ban on Russian oil imports in retaliation for Vladimir Putin’s onslaught in Ukraine. The major trade action, responding to the pleas of Ukraine’s embattled leader, thrust the U.S. out front as Western nations seek to halt Putin’s invasion.

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