| Dec 5, 2013
| 2:12 PM
Twenty-three years ago, for barely 24 hours, Nelson Mandela visited Los Angeles.
It was 1990, and he had been a free man for only a handful of months, but he had been a symbol for years -- of endurance, of the black-and-white apartheid battle in South...
| Dec 10, 2013
| 4:20 PM
WASHINGTON -- The Senate voted 57-41 on Tuesday to confirm Rep. Mel Watt to head the agency overseeing Fannie Mae and Freddie Mac, ending a long battle by President Obama to install a regulator open to more aggressive action to help struggling homeowners....
| Oct 11, 2013
| 6:41 AM
WASHINGTON -- A conservative group has launched a campaign to stop Janet L. Yellen from becoming the next head of the Federal Reserve, arguing her confirmation would lead to an expansion of easy money policies that would cause prices to soar.
| Sep 16, 2013
| 7:27 AM
WASHINGTON -- With Lawrence H. Summers removing himself from consideration to be the next Federal Reserve chairman, Janet L. Yellen becomes the acknowledged front-runner for the vital economic policy position.
But President Obama still could go...
| Dec 13, 2013
| 12:09 PM
The Federal Housing Administration, fresh from a $1.7-billion bailout, now projects that it will replenish its financial reserves to required levels in 2015, two years faster than it had predicted a year ago.
The agency said its net worth remains in the...
| Sep 27, 2013
| 9:51 AM
WASHINGTON -- The Federal Housing Administration, whose role in the real estate market expanded dramatically in recent years, on Friday said it would need approximately $1.7 billion to stabilize its long-term finances.
It marks the first time the 79-...
| Oct 31, 2013
| 10:35 AM
WASHINGTON -- The nomination of Rep. Mel Watt to be the regulator for housing finance giants Fannie Mae and Freddie Mac failed a key procedural vote Thursday because of strong Republican opposition.
President Obama nominated Watt, a veteran Democrat...
| Oct 29, 2013
| 11:55 AM
WASHINGTON -- The head of the Federal Housing Administration, which recently received $1.7 billion in its first-ever bailout, said the agency was headed in the right direction, as she faced intense Republican criticism during a lengthy congressional...
| Jul 24, 2013
| 3:32 PM
WASHINGTON -- Tracy Martin, the father of slain Florida teenager Trayvon Martin, urged Congress on Wednesday to improve the educational and employment opportunities of African American boys and men, who are disproportionately imprisoned and unemployed....
| Nov 14, 2013
| 8:09 PM
WASHINGTON — The Transportation Security Administration, already under scrutiny after one of its agents was shot to death at Los Angeles International Airport this month, has spent nearly $1 billion on a passenger behavior monitoring program that...
| Jan 7, 2014
| 11:24 PM
After listening to hours of public testimony Tuesday evening, the Los Angeles Board of Education voted to call a special election to fill the seat of Marguerite Poindexter LaMotte, who died last month.
The vote followed a spirited debate both within the...
| Jan 18, 2014
| 5:20 PM
A June special election to replace former Los Angeles school board member Marguerite Poindexter LaMotte has the potential to alter the political power dynamic and the overall direction of the nation's second-largest school district.
LaMotte, who died in...