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Mayor Gayle McLaughlin

Richmond, California Mayor Occupies Wall Street

Carl Gibson | Posted 01.23.2014 | San Francisco
Carl Gibson

Formerly known as a Chevron company town, Richmond is home to one of the largest oil refineries in the Bay Area. But Mayor Gayle McLaughlin, who identifies with the Green Party, has been in office since 2010 and is already giving big banks and oil companies all they can handle in the way of opposition.

Richmond, California Defies Wall Street to Help Homeowners

Peter Dreier | Posted 11.11.2013 | Business
Peter Dreier

About 300 residents packed the six hour long meeting -- held at the Richmond Memorial Auditorium instead of the City Council chambers -- to discuss the city's plan to help families whose home values have plummeted through no fault of their own.

The Attack on U.S. Property Rights Continues

Benjamin Powell | Posted 11.06.2013 | San Francisco
Benjamin Powell

Will it help the citizens of Richmond if the city is successful in forcibly seizing the mortgages and re-writing them?

FHFA's Ed DeMarco: Kissing the Ass of the Banking Class

Peter Dreier | Posted 10.08.2013 | Politics
Peter Dreier

President Obama has already fired Ed DeMarco, acting director of the Federal Housing Finance Agency (FHFA), but before he leaves DeMarco is handing an early Christmas present to his friends in the banking industry.

Wall Street Lobbyists Nervous As Cities Use Eminent Domain to Protect Homeowners

Peter Dreier | Posted 09.29.2013 | Politics
Peter Dreier

Now the same Wall Street players who crashed the economy in the first place are trying to stop local governments from solving the problem.