Free Republic

WASHINGTON — Tom Steyer, the billionaire environmentalist and Democratic political donor, announced Monday that his advocacy group, NextGen America, will spend $30 million to help Democrats retake the House in 2018, with the aim of eventually impeaching President Trump. Mr. Steyer also announced that he would not run for Senate or governor in California, as had been speculated. Mr. Steyer, who was a major donor to President Barack Obama’s 2012 campaign, emerged as the largest single political donor of the 2014 midterm election. His group spent $74 million to back Democrats that year, and $87 million in the 2016 elections....

Sacramento -- Two appointees tapped by Gov. Arnold Schwarzenegger to study ways to rein in public pension costs receive income from firms that invest $750 million annually for the California Public Employees' Retirement System, business ties that some say could call the panel's independence into doubt. Gerald Parsky, the former head of the state Republican Party, is a partner in a Los Angeles firm, Aurora Capital Partners, which invests $150 million for CalPERS. Schwarzenegger appointed him chairman of a 12-member commission responsible for recommending ways to overhaul public pension systems, ... Commission member Matt Barger is a senior adviser at...