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 San Diego Sun 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 San Diego Sun.
More InformationSACRAMENTO, California: California Governor Gavin Newsom is urging Congress to approve nearly US$40 billion in federal assistance to...
LOS ANGELES, California: The Trump administration is once again challenging California's high-speed rail project, with federal transportation...
When the Eaton Fire began on January 7, 2025, in Altadena, California, it blazed through residential neighborhoods, destroying thousands...
NEWPORT BEACH, California: Chipotle Mexican Grill is ramping up hiring efforts ahead of its busiest time of the year, known as burrito...
CUPERTINO, California: Apple is expanding its lineup with a new budget-friendly device, the iPhone 16e, aiming to attract cost-conscious...
New Delhi [India], February 27 (ANI): In a significant turn of events leading up to the much-anticipated extradition of 26/11 mastermind...
WASHINGTON, D.C.: As the deadline for new U.S. steel and aluminum tariffs approaches, manufacturers across the country are already...
BRUSSELS/LONDON: The European Commission is preparing to ease sustainability reporting requirements for businesses as part of a broader...
NEW YORK, New York - U.S. stocks were in disarray again on Wednesday with the Standard and Poor's 500 dropping for the fifth day in...
NEW YORK CITY, New York: Governor Kathy Hochul met with President Donald Trump in the Oval Office to defend Manhattan's congestion...
TALLAHASSEE, Florida: Florida's new attorney general, James Uthmeier, filed a federal lawsuit against Target this week, claiming the...
TOKYO, Japan: Foxconn has approached Honda Motor with a proposal to form a partnership, aiming to establish a broader collaboration...