Robert Besser
27 Feb 2025, 15:21 GMT+10
SACRAMENTO, California: California Governor Gavin Newsom is urging Congress to approve nearly US$40 billion in federal assistance to help Los Angeles recover from the devastating January wildfires, which he warned could be among the costliest natural disasters in U.S. history.
In a letter sent late last week to key lawmakers, including House Speaker Mike Johnson and House Appropriations Committee Chair Tom Cole, Newsom emphasized the urgent need for federal support to rebuild communities affected by the fires.
"Los Angeles is one of the most economically productive places on the globe, but it can only rebound and flourish with support from the federal government as it recovers from this unprecedented disaster," he wrote.
The fires, which swept through Pacific Palisades, Malibu, Pasadena, and Altadena, destroyed over 16,200 structures. Analysts estimate the total economic losses could exceed $250 billion, with real estate damages alone potentially topping $30 billion.
Newsom's request includes: $16.8 billion from FEMA for property and infrastructure repairs, including $5 billion for debris cleanup; $9.9 billion from HUD for housing and business grants to help fire victims; and $5.29 billion from the Small Business Administration for homeowner and business loans.
Newsom thanked President Donald Trump for expediting debris removal but did not mention concerns that federal aid might come with conditions.
Trump ally Ric Grenell said that restrictions on California's use of federal funds are being discussed, including the potential defunding of the California Coastal Commission, which regulates coastal development and public beach access.
Newsom remained firm, stating that the requested funds will be used responsibly:
"Make no mistake, Los Angeles will use this money wisely."
Get a daily dose of Long Beach Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Long Beach Star.
More InformationNEW YORK, New York - U.S. stock markets see-sawed Thursday as the judicial system became a key player in Donald Trump's trade wars....
NEW YORK, New York - U.S. stocks were weaker Wednesday, following Tuesday's heady gains when the Dow Jones jumped 741 points. Bond...
CHICAGO, Illinois: McDonald's is closing its experimental beverage spinoff, CosMc's, less than two years after launching the standalone...
NEW YORK, New York - Strong economic data jump-started U.S. stocks and the dollar Tuesday, a welcome reprieve after weeks of pressure...
BOSTON, Massachusetts: U.S. President Donald Trump's administration has taken away Harvard University's right to enroll international...
WASHINGTON, DC - U.S. President Donald Trump on Monday said he believed God was behind his election loss in 2020, even though he has...
TOKYO, Japan: As global inflation remains stubborn and growth prospects dim, central bankers from around the world gathered in Tokyo...
HONOLULU, Hawaii: A man from Oregon, Oliver Widger, has arrived in Hawaii after sailing across the ocean with his cat, Phoenix. He...
BUENOS AIRES, Argentina: The Archbishop of Buenos Aires, Jorge García Cuerva, used a major religious event over the weekend to criticize...
CIUDAD JUAREZ, Mexico: In a first-of-its-kind judicial election in Mexico, more than 5,000 candidates are vying for over 840 federal...
ZERMATT, Switzerland: Five skiers were found dead on a mountain in Switzerland near the popular ski resort of Zermatt, officials said...
TORONTO, Canada - Tens of thousands of people from across Canada have marched in support of Israel in a massive turnout in Toronto....