Kashkari Enters Race for California Governor

Neel Kashkari (R), who led the bank bailout during the Bush administration, announced his bid to unseat California Gov. Jerry Brown (D), the Sacramento Bee reports.

“His platform could appeal to many moderate Republicans, but Kashkari’s ability to raise sufficient money to broadcast it statewide is uncertain. Not only is Brown collecting millions of dollars from labor unions and other liberal allies, but his relatively moderate fiscal and environmental polices have endeared him to business interests on which GOP candidates could once rely. With the third-term governor heavily favored to win re-election, potential donors – many of them with business before the state – may not risk upsetting Brown by giving to any Republican in the race.”