Paulson to Work with Obama for Smooth Transition

WASHINGTON (AP) -Treasury Secretary Henry Paulson says he will work closely with President-elect Barack Obama to pave the way for a smooth transition as the country battles its worst financial crisis in decades. Paulson says: “A methodical and orderly transition is in the best interests of the financial markets and Treasury is committed to making [...]

Local Congressman Reacts to Obama’s Win

Northstate Congressman Wally Herger says he’s not looking forward to some of the proposals put forth by President Elect Barack Obama. Herger tells KPAY News while he’s grateful to be able to serve the district for another two years, there’s a lot of work to do…
Click for Audio:  herger-reax
Herger says he’s also concerned about the [...]

Chico City Councilman Expecting Long Fight Over Gay Marriage

One Chico City Councilman has concerns about the state’s same sex marriage ban folllowing the passage of Proposition 8.   Scott Gruendl married his long time partner earlier this year.
Click for Audio:  gruendl-3 
And Gruendl says the fight over gay marriage is not over yet, and may have to be solved at the Federal level.
Click for Audio:  [...]

A Few Uncounted Ballots Remain in Butte County

There are still a few uncounted mail-in ballots in Butte County and Clerk-Recorder Candace Grubbs said she should have an idea of how many ballots that is by Friday. Grubbs says election day went without many hitches. She says there were minor disturbances at a couple of locations in Paradise over ballot initiatives…but nothing serious. [...]

California’s Governor Proposes Mortgage Relief Plan

SACRAMENTO (AP) – Gov. Arnold Schwarzenegger is proposing mortgage relief in hopes of stabilizing California’s economy. The Republican administration yesterday announced a plan to encourage lenders to modify existing home loans as a way of keeping people out of foreclosure. The governor also proposed a 90-day moratorium for homeowners facing default on their loans. Lenders, [...]