August 5, 2025

california news

Funds

Trump administration releases $1 billion in California frozen education funds – East Bay Times

California will receive nearly $1 billion in previously frozen federal education funds after the Trump administration reversed course amid growing outrage and concern about the impacts to students across the nation. The California Department of Education said Thursday evening it had received official grant award notifications for several federally funded programs, including programs supporting migrant students,

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Funds

Trump administration releases $1 billion in California frozen education funds – The Mercury News

California will receive nearly $1 billion in previously frozen federal education funds after the Trump administration reversed course amid growing outrage and concern about the impacts to students across the nation. The California Department of Education said Thursday evening it had received official grant award notifications for several federally funded programs, including programs supporting migrant students,

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Funds

With hundreds of millions of dollars at risk in Bay Area, lawsuit against Trump grows over grant funds – East Bay Times

As the Trump administration continues its attempts to impose conditions on federal grants, a coalition of 60 local governments — including the counties of Santa Clara, Alameda and San Mateo — is asking a federal judge to block the U.S. Department of Health and Human Services from adding stipulations to grants that could put hundreds

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Funds

With hundreds of millions of dollars at risk in Bay Area, lawsuit against Trump grows over grant funds – The Mercury News

As the Trump administration continues its attempts to impose conditions on federal grants, a coalition of 60 local governments — including the counties of Santa Clara, Alameda and San Mateo — is asking a federal judge to block the U.S. Department of Health and Human Services from adding stipulations to grants that could put hundreds

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Funds

California sues Trump over $900 million in frozen funds

California Attorney General Rob Bonta joined officials from 23 other states and the District of Columbia in suing the federal government Monday for the release of more than $6 billion in federal education funding that they say never arrived, including $939 million for California. Bonta, a Democrat, filed the legal challenge in the U.S. District

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Loans

$750 million loan for Bay Area transit

Top California Democrats say they’ve averted a worst-case scenario for struggling Bay Area transit agencies — but only for now. Tucked into the $320 billion state budget agreement that Gov. Gavin Newsom signed last week is a $750 million loan for four local transit agencies to keep operating while they face massive deficits. The loan

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Funds

Child safety advocates and California’s cannabis industry battle over tax funds – East Bay Times

A proposal to pause a planned tax hike on retail cannabis has set off alarm bells among child safety advocates whose substance use prevention and treatment work depends on funds generated by sales of cannabis products. Industry members say the move, which lawmakers in Sacramento are considering, is necessary to keep struggling retailers afloat. This

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Crypto

A look at the major players in the crypto industry and their ties to Donald Trump – The Mercury News

By WILL WEISSERT, Associated Press WASHINGTON  — President Donald Trump took office in January pledging to “make America the crypto capital of the world.” He has since harnessed wide swaths of the federal government to bolster the industry — all while raking in huge sums of money for his family’s business. By some estimates, crypto

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Loans

14 people arrested in alleged scam involving more than $25 million in COVID-19 relief and business loans – The Mercury News

Fourteen people, including several Southern California residents, were arrested Wednesday, May 28, and accused of scamming the government out of more than $25 million in COVID-19 relief funds and federal small business loans, according to the U.S. Department of Justice. Two federal criminal complaints named 18 defendants, four of whom are believed to be in

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Investment

California man indicted after allegedly stealing more than $4 million in investment scheme – The Mercury News

A Redondo Beach man was charged last week in North Carolina after he allegedly posed as an investment adviser and defrauded victims of more than $4 million over the course of several years. Jon Patrick Kubler, 52, was indicted on charges of securities fraud and transactional money laundering  after he allegedly provided investment planning and

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